New York State Teachers Retirement System Sells 3,970 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

New York State Teachers Retirement System lowered its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 83,629 shares of the company’s stock after selling 3,970 shares during the period. New York State Teachers Retirement System’s holdings in Willis Towers Watson Public were worth $24,631,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Graypoint LLC lifted its position in Willis Towers Watson Public by 4.7% during the second quarter. Graypoint LLC now owns 820 shares of the company’s stock valued at $215,000 after buying an additional 37 shares during the period. Fidelis Capital Partners LLC lifted its position in Willis Towers Watson Public by 3.1% during the 3rd quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock valued at $357,000 after acquiring an additional 37 shares during the period. Creative Planning lifted its position in Willis Towers Watson Public by 0.3% during the 2nd quarter. Creative Planning now owns 13,147 shares of the company’s stock valued at $3,446,000 after acquiring an additional 43 shares during the period. Sequoia Financial Advisors LLC grew its holdings in Willis Towers Watson Public by 4.1% in the second quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock worth $312,000 after purchasing an additional 47 shares during the period. Finally, Bleakley Financial Group LLC grew its holdings in Willis Towers Watson Public by 1.9% in the third quarter. Bleakley Financial Group LLC now owns 2,475 shares of the company’s stock worth $729,000 after purchasing an additional 47 shares during the period. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $302.19 on Friday. Willis Towers Watson Public Limited has a one year low of $232.77 and a one year high of $308.87. The business has a fifty day moving average of $291.60 and a 200 day moving average of $272.87. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.94 and a quick ratio of 1.94. The firm has a market capitalization of $30.69 billion, a P/E ratio of 28.92, a PEG ratio of 1.85 and a beta of 0.74.

Willis Towers Watson Public Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.16%. The ex-dividend date was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 33.68%.

Wall Street Analyst Weigh In

WTW has been the topic of several recent research reports. Truist Financial upped their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Roth Mkm lifted their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Barclays started coverage on shares of Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price objective on the stock. Finally, Morgan Stanley decreased their target price on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a report on Wednesday, July 10th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $309.47.

About Willis Towers Watson Public

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.