National Pension Service Has $44.95 Million Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

National Pension Service cut its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 5.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 143,487 shares of the company’s stock after selling 9,043 shares during the period. National Pension Service’s holdings in Willis Towers Watson Public were worth $44,946,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Timber Creek Capital Management LLC grew its stake 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 period. OneDigital Investment Advisors LLC grew its stake in shares of Willis Towers Watson Public by 71.7% during the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock worth $1,957,000 after purchasing an additional 2,775 shares during the period. Intech Investment Management LLC grew its stake in shares of Willis Towers Watson Public by 28.3% during the third quarter. Intech Investment Management LLC now owns 104,414 shares of the company’s stock worth $30,753,000 after purchasing an additional 23,001 shares during the period. Atom Investors LP grew its stake in shares of Willis Towers Watson Public by 64.0% during the third quarter. Atom Investors LP now owns 8,014 shares of the company’s stock worth $2,360,000 after purchasing an additional 3,126 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Willis Towers Watson Public by 24.9% during the third quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company’s stock worth $55,156,000 after purchasing an additional 37,340 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on WTW shares. Keefe, Bruyette & Woods lifted their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research note on Friday, January 10th. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted 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 from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Barclays boosted their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Finally, Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their target price for the company from $352.00 to $382.00 in a research note on Friday, December 20th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $342.08.

Willis Towers Watson Public Stock Down 0.3 %

WTW stock opened at $335.29 on Friday. 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 has a market capitalization of $33.77 billion, a P/E ratio of -335.29, a P/E/G ratio of 2.95 and a beta of 0.74. The business has a 50-day moving average of $320.41 and a 200-day moving average of $306.53. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $339.12.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same period in the prior year, the firm earned $7.44 earnings per share. Willis Towers Watson Public’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, 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 business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 1.10%. 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 is presently -368.00%.

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.