Sentry Investment Management LLC Sells 64 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Sentry Investment Management LLC reduced its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 14.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 392 shares of the company’s stock after selling 64 shares during the quarter. Sentry Investment Management LLC’s holdings in Willis Towers Watson Public were worth $123,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of WTW. Mizuho Securities USA LLC raised its holdings in Willis Towers Watson Public by 95,880.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock valued at $2,229,298,000 after acquiring an additional 7,561,114 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Willis Towers Watson Public by 277.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock valued at $248,706,000 after acquiring an additional 620,926 shares during the period. Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Willis Towers Watson Public by 47,515.7% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock worth $147,255,000 after purchasing an additional 498,915 shares during the period. Canoe Financial LP bought a new position in shares of Willis Towers Watson Public during the fourth quarter worth approximately $47,883,000. Finally, Cidel Asset Management Inc. bought a new position in shares of Willis Towers Watson Public during the fourth quarter worth approximately $42,964,000. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $336.34 on Thursday. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $338.46. 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 firm has a market capitalization of $33.88 billion, a P/E ratio of -336.34, a P/E/G ratio of 2.95 and a beta of 0.74. The company’s 50 day moving average price is $319.92 and its two-hundred day moving average price is $306.33.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the business posted $7.44 earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis. On average, equities analysts forecast 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 business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.92 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a yield of 1.09%. 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 Analyst Weigh In

Several brokerages have recently commented on WTW. Truist Financial reaffirmed a “buy” rating and set a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their target price for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their target price for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $342.08.

Willis Towers Watson Public 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.