TD Asset Management Inc Has $13.54 Million Position in Willis Towers Watson Public Limited Company $WTW

TD Asset Management Inc cut its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 8.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 41,204 shares of the company’s stock after selling 3,795 shares during the quarter. TD Asset Management Inc’s holdings in Willis Towers Watson Public were worth $13,540,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Lido Advisors LLC boosted its holdings in shares of Willis Towers Watson Public by 3.9% in the fourth quarter. Lido Advisors LLC now owns 2,360 shares of the company’s stock valued at $806,000 after buying an additional 88 shares during the period. CIBC Asset Management Inc raised its holdings in shares of Willis Towers Watson Public by 22.0% during the fourth quarter. CIBC Asset Management Inc now owns 50,092 shares of the company’s stock worth $16,460,000 after acquiring an additional 9,020 shares during the period. Goldman Sachs Group Inc. lifted its position in Willis Towers Watson Public by 12.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 654,012 shares of the company’s stock valued at $214,908,000 after acquiring an additional 70,188 shares in the last quarter. Root Financial Partners LLC lifted its position in Willis Towers Watson Public by 23.5% in the 4th quarter. Root Financial Partners LLC now owns 242 shares of the company’s stock valued at $80,000 after acquiring an additional 46 shares in the last quarter. Finally, MUFG Securities EMEA plc boosted its stake in Willis Towers Watson Public by 110.2% in the 4th quarter. MUFG Securities EMEA plc now owns 3,925 shares of the company’s stock worth $1,290,000 after purchasing an additional 2,058 shares during the period. 93.09% of the stock is owned by institutional investors.

Insider Transactions at Willis Towers Watson Public

In other news, insider Lucy Clarke purchased 1,896 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was purchased at an average price of $263.37 per share, for a total transaction of $499,349.52. Following the completion of the purchase, the insider directly owned 22,717 shares in the company, valued at $5,982,976.29. The trade was a 9.11% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on WTW. BMO Capital Markets raised Willis Towers Watson Public from a “market perform” rating to an “outperform” rating and dropped their price target for the company from $347.00 to $300.00 in a research note on Friday, May 1st. Bank of America decreased their price objective on Willis Towers Watson Public from $354.00 to $347.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Mizuho cut their target price on Willis Towers Watson Public from $353.00 to $338.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 5th. Piper Sandler reduced their price target on Willis Towers Watson Public from $341.00 to $283.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Finally, Truist Financial raised shares of Willis Towers Watson Public to a “strong-buy” rating in a research note on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $351.73.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW opened at $258.12 on Tuesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.92 and a current ratio of 2.92. The stock has a 50 day moving average price of $271.52 and a 200 day moving average price of $298.91. The stock has a market capitalization of $24.38 billion, a PE ratio of 15.05, a price-to-earnings-growth ratio of 0.85 and a beta of 0.43. Willis Towers Watson Public Limited Company has a 52 week low of $240.61 and a 52 week high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Friday, May 1st. The company reported $3.72 earnings per share for the quarter, topping the consensus estimate of $3.65 by $0.07. The firm had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.41 billion. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The business’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.13 EPS. Analysts predict that Willis Towers Watson Public Limited Company will post 19.53 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Willis Towers Watson Public’s dividend payout ratio is 22.39%.

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.