Schroder Investment Management Group Purchases 3,605 Shares of Willis Towers Watson Public Limited Company $WTW

Schroder Investment Management Group increased its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 5.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 74,582 shares of the company’s stock after buying an additional 3,605 shares during the period. Schroder Investment Management Group’s holdings in Willis Towers Watson Public were worth $25,453,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Heartland Advisors Inc. increased its stake in shares of Willis Towers Watson Public by 25.4% during the 3rd quarter. Heartland Advisors Inc. now owns 23,959 shares of the company’s stock worth $8,277,000 after purchasing an additional 4,859 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Willis Towers Watson Public by 1.8% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 196,833 shares of the company’s stock valued at $67,996,000 after purchasing an additional 3,454 shares during the last quarter. Natixis Advisors LLC boosted its holdings in Willis Towers Watson Public by 7.5% in the third quarter. Natixis Advisors LLC now owns 179,771 shares of the company’s stock worth $62,102,000 after purchasing an additional 12,575 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in Willis Towers Watson Public by 48.3% in the third quarter. Wealthfront Advisers LLC now owns 17,840 shares of the company’s stock worth $6,163,000 after purchasing an additional 5,813 shares in the last quarter. Finally, First Horizon Corp acquired a new position in Willis Towers Watson Public during the third quarter worth $651,000. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Down 1.1%

Willis Towers Watson Public stock opened at $286.63 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.21 and a quick ratio of 2.21. Willis Towers Watson Public Limited Company has a fifty-two week low of $275.60 and a fifty-two week high of $352.79. The firm has a fifty day moving average price of $311.41 and a two-hundred day moving average price of $323.10. The firm has a market cap of $27.10 billion, a price-to-earnings ratio of 17.50, a P/E/G ratio of 1.29 and a beta of 0.62.

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

Willis Towers Watson Public Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.96 dividend. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.92. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $3.84 dividend on an annualized basis and a yield of 1.3%. Willis Towers Watson Public’s payout ratio is 22.47%.

Analyst Ratings Changes

WTW has been the topic of several recent research reports. Barclays upgraded Willis Towers Watson Public from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $318.00 to $341.00 in a report on Wednesday. Evercore upped their price target on Willis Towers Watson Public from $383.00 to $390.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Wall Street Zen raised Willis Towers Watson Public from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Piper Sandler cut their price objective on Willis Towers Watson Public from $365.00 to $341.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. Finally, Citigroup upped their target price on Willis Towers Watson Public from $351.00 to $366.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $373.14.

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.