Sumitomo Mitsui DS Asset Management Company Ltd Acquires 254 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 11,285 shares of the company’s stock after buying an additional 254 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Willis Towers Watson Public were worth $3,535,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of WTW. Caitlin John LLC boosted its holdings in shares of Willis Towers Watson Public by 3.0% in the fourth quarter. Caitlin John LLC now owns 5,941 shares of the company’s stock valued at $1,861,000 after purchasing an additional 171 shares during the period. Bleakley Financial Group LLC increased its holdings in Willis Towers Watson Public by 4.6% during the 4th quarter. Bleakley Financial Group LLC now owns 2,589 shares of the company’s stock worth $811,000 after purchasing an additional 114 shares during the period. Tectonic Advisors LLC bought a new stake in Willis Towers Watson Public during the 4th quarter valued at $215,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Willis Towers Watson Public by 20.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,324 shares of the company’s stock worth $3,260,000 after buying an additional 1,771 shares during the period. Finally, Y.D. More Investments Ltd grew its position in shares of Willis Towers Watson Public by 121.1% during the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after buying an additional 69 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Truist Financial reaffirmed a “buy” rating and issued a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Keefe, Bruyette & Woods upped their price target on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. Wells Fargo & Company cut their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. Finally, Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price target for the company from $365.00 to $400.00 in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $338.69.

Willis Towers Watson Public Trading Down 0.3 %

Willis Towers Watson Public stock opened at $325.79 on Monday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The stock has a market cap of $32.82 billion, a PE ratio of -325.79, a price-to-earnings-growth ratio of 2.91 and a beta of 0.74. The stock has a 50-day moving average of $317.78 and a two-hundred day moving average of $302.11. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating the consensus estimate of $8.01 by $0.12. The firm had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. Willis Towers Watson Public’s revenue was up 4.2% on a year-over-year basis. During the same period last year, the firm posted $7.44 EPS. On average, research analysts anticipate that Willis Towers Watson Public Limited will post 17.72 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -352.00%.

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.