Willis Towers Watson Public Limited Company $WTW Shares Sold by Generate Investment Management Ltd

Generate Investment Management Ltd lessened its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 43.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 29,131 shares of the company’s stock after selling 22,325 shares during the quarter. Generate Investment Management Ltd’s holdings in Willis Towers Watson Public were worth $9,573,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Alpine Bank Wealth Management bought a new stake in shares of Willis Towers Watson Public during the third quarter valued at about $25,000. SOA Wealth Advisors LLC. lifted its holdings in Willis Towers Watson Public by 8,200.0% in the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock worth $29,000 after purchasing an additional 82 shares during the period. Raiffeisen Bank International AG bought a new position in Willis Towers Watson Public in the 3rd quarter valued at about $31,000. Quent Capital LLC bought a new position in Willis Towers Watson Public in the 3rd quarter valued at about $34,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in Willis Towers Watson Public during the 2nd quarter valued at about $39,000. Institutional investors own 93.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on WTW shares. UBS Group upped their price target on shares of Willis Towers Watson Public from $398.00 to $409.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Citigroup raised their price objective on shares of Willis Towers Watson Public from $351.00 to $366.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Piper Sandler dropped their target price on Willis Towers Watson Public from $365.00 to $341.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. Truist Financial upped their target price on Willis Towers Watson Public from $380.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Finally, Evercore increased their price target on Willis Towers Watson Public from $383.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $373.14.

Willis Towers Watson Public Stock Performance

NASDAQ:WTW opened at $282.18 on Friday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.71. The company has a 50-day moving average of $302.36 and a 200-day moving average of $320.02. Willis Towers Watson Public Limited Company has a twelve month low of $275.60 and a twelve month high of $352.79. The firm has a market cap of $26.68 billion, a price-to-earnings ratio of 17.23, a price-to-earnings-growth ratio of 1.28 and a beta of 0.62.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Tuesday, February 3rd. The company reported $8.12 EPS for the quarter, beating the consensus estimate of $7.93 by $0.19. The business had revenue of $2.94 billion during the quarter, compared to analyst estimates of $2.87 billion. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The business’s quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the business earned $8.13 earnings per share. Analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.96 per share. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.92. The ex-dividend date is Tuesday, March 31st. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.4%. Willis Towers Watson Public’s payout ratio is currently 22.47%.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.