Royal London Asset Management Ltd. Acquires 1,850 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Royal London Asset Management Ltd. lifted its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 45,750 shares of the company’s stock after purchasing an additional 1,850 shares during the period. Royal London Asset Management Ltd.’s holdings in Willis Towers Watson Public were worth $14,331,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Timber Creek Capital Management LLC grew its holdings in shares of Willis Towers Watson Public by 11.4% during the third quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock worth $5,625,000 after purchasing an additional 1,957 shares during the last quarter. Atom Investors LP boosted its holdings in Willis Towers Watson Public by 64.0% in the third quarter. Atom Investors LP now owns 8,014 shares of the company’s stock valued at $2,360,000 after acquiring an additional 3,126 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Willis Towers Watson Public by 24.9% in the third quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company’s stock valued at $55,156,000 after acquiring an additional 37,340 shares during the last quarter. DRW Securities LLC boosted its holdings in Willis Towers Watson Public by 205.6% in the third quarter. DRW Securities LLC now owns 4,596 shares of the company’s stock valued at $1,354,000 after acquiring an additional 3,092 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in Willis Towers Watson Public by 33.9% in the third quarter. BNP Paribas Financial Markets now owns 186,332 shares of the company’s stock valued at $54,880,000 after acquiring an additional 47,148 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Down 0.5 %

NASDAQ WTW opened at $332.71 on Friday. The firm has a market cap of $33.17 billion, a P/E ratio of -332.71, a P/E/G ratio of 2.95 and a beta of 0.71. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The stock’s 50-day moving average is $326.11 and its 200-day moving average is $311.90. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the firm earned $7.44 EPS. Willis Towers Watson Public’s revenue for the quarter was up 4.2% compared to the same quarter last year. Sell-side analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -368.00%.

Wall Street Analysts Forecast Growth

WTW has been the topic of several recent research reports. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their price target for the company from $352.00 to $382.00 in a report on Friday, December 20th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their target price for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and increased their target price for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Truist Financial reissued a “buy” rating and issued a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Finally, Wells Fargo & Company cut their target price on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $346.15.

Insider Activity at Willis Towers Watson Public

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the sale, the insider now owns 74,417 shares of the company’s stock, valued at approximately $24,986,996.09. This trade represents a 4.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.22% of the stock is owned by insiders.

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.