Neville Rodie & Shaw Inc. Sells 1,134 Shares of Willis Towers Watson Public Limited Company $WTW

Neville Rodie & Shaw Inc. decreased its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 40.0% in the second quarter, Holdings Channel.com reports. The firm owned 1,698 shares of the company’s stock after selling 1,134 shares during the quarter. Neville Rodie & Shaw Inc.’s holdings in Willis Towers Watson Public were worth $520,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wayfinding Financial LLC bought a new position in Willis Towers Watson Public in the first quarter worth $25,000. Cornerstone Planning Group LLC increased its holdings in shares of Willis Towers Watson Public by 750.0% during the first quarter. Cornerstone Planning Group LLC now owns 85 shares of the company’s stock valued at $28,000 after acquiring an additional 75 shares in the last quarter. Crewe Advisors LLC bought a new position in shares of Willis Towers Watson Public during the first quarter valued at $32,000. McIlrath & Eck LLC bought a new position in shares of Willis Towers Watson Public during the fourth quarter valued at $30,000. Finally, Larson Financial Group LLC increased its holdings in shares of Willis Towers Watson Public by 122.9% during the first quarter. Larson Financial Group LLC now owns 107 shares of the company’s stock valued at $36,000 after acquiring an additional 59 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Wells Fargo & Company reduced their price target on Willis Towers Watson Public from $387.00 to $369.00 and set an “overweight” rating for the company in a report on Thursday, July 10th. Citigroup assumed coverage on Willis Towers Watson Public in a report on Wednesday, August 13th. They set a “neutral” rating and a $351.00 price target for the company. Morgan Stanley raised their price target on Willis Towers Watson Public from $335.00 to $345.00 and gave the company an “equal weight” rating in a report on Monday, August 18th. Barclays reduced their price target on Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating for the company in a report on Monday, July 7th. Finally, Cantor Fitzgerald initiated coverage on Willis Towers Watson Public in a report on Wednesday, August 13th. They set a “neutral” rating and a $355.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Moderate Buy” and an average price target of $362.92.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $338.79 on Friday. Willis Towers Watson Public Limited Company has a one year low of $286.00 and a one year high of $344.14. The stock has a 50-day moving average of $321.58 and a 200 day moving average of $317.63. The company has a market capitalization of $33.05 billion, a price-to-earnings ratio of 232.05, a PEG ratio of 2.71 and a beta of 0.71. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.90 and a current ratio of 1.90.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, July 31st. The company reported $2.86 EPS for the quarter, topping the consensus estimate of $2.65 by $0.21. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The company had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.23 billion. During the same period last year, the company earned $2.55 EPS. Willis Towers Watson Public’s revenue for the quarter was down .2% on a year-over-year basis. On average, sell-side analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, September 30th. Willis Towers Watson Public’s payout ratio is currently 252.05%.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.