Handelsbanken Fonder AB Has $9.79 Million Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Handelsbanken Fonder AB lifted its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 60.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,251 shares of the company’s stock after acquiring an additional 11,784 shares during the quarter. Handelsbanken Fonder AB’s holdings in Willis Towers Watson Public were worth $9,789,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of WTW. Fidelis Capital Partners LLC grew its holdings in Willis Towers Watson Public by 3.1% during the 3rd quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock worth $357,000 after acquiring an additional 37 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of Willis Towers Watson Public by 12.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company’s stock worth $106,000 after purchasing an additional 38 shares during the last quarter. Glenmede Trust Co. NA increased its holdings in Willis Towers Watson Public by 3.1% in the third quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock valued at $418,000 after purchasing an additional 42 shares during the period. Farther Finance Advisors LLC raised its position in Willis Towers Watson Public by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after purchasing an additional 43 shares during the last quarter. Finally, UMB Bank n.a. raised its position in Willis Towers Watson Public by 10.4% during the 4th quarter. UMB Bank n.a. now owns 520 shares of the company’s stock worth $163,000 after purchasing an additional 49 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Up 0.4 %

NASDAQ:WTW opened at $325.95 on Friday. The firm has a fifty day simple moving average of $318.60 and a two-hundred day simple moving average of $304.94. Willis Towers Watson Public Limited has a 12 month low of $245.04 and a 12 month high of $334.99. The stock has a market capitalization of $32.83 billion, a price-to-earnings ratio of -325.95, a PEG ratio of 2.95 and a beta of 0.74. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Tuesday, February 4th. The company reported $8.13 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 during the quarter, compared to analyst estimates of $3.05 billion. During the same period in the previous year, the company posted $7.44 EPS. The firm’s revenue was up 4.2% compared to the same quarter last year. Analysts expect that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given 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 payout ratio is -352.00%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on WTW. Truist Financial reissued a “buy” rating and issued a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Barclays increased their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their price target for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their price objective for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and lifted their target price for the stock from $352.00 to $382.00 in a research note on Friday, December 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $342.08.

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.