Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Bought by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. grew its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 45,770 shares of the company’s stock after purchasing an additional 2,135 shares during the quarter. Royal London Asset Management Ltd.’s holdings in Willis Towers Watson Public were worth $11,040,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Pathstone Family Office LLC lifted its stake in Willis Towers Watson Public by 165.0% during the third quarter. Pathstone Family Office LLC now owns 3,368 shares of the company’s stock worth $704,000 after purchasing an additional 2,097 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of Willis Towers Watson Public by 4.9% in the 3rd quarter. HighTower Advisors LLC now owns 10,414 shares of the company’s stock worth $2,169,000 after buying an additional 488 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of Willis Towers Watson Public by 7.7% in the 3rd quarter. Deutsche Bank AG now owns 259,505 shares of the company’s stock valued at $54,226,000 after buying an additional 18,657 shares during the period. Loomis Sayles & Co. L P bought a new stake in shares of Willis Towers Watson Public during the 3rd quarter valued at about $28,000. Finally, Financial Engines Advisors L.L.C. raised its stake in Willis Towers Watson Public by 2.8% during the third quarter. Financial Engines Advisors L.L.C. now owns 16,557 shares of the company’s stock worth $3,460,000 after acquiring an additional 450 shares during the period. Institutional investors own 93.09% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on WTW. Evercore ISI lifted their target price on Willis Towers Watson Public from $290.00 to $295.00 and gave the company an “in-line” rating in a research note on Friday, April 26th. Citigroup reduced their price objective on Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating for the company in a research report on Monday, April 29th. Raymond James reaffirmed an “outperform” rating and issued a $315.00 target price (up from $295.00) on shares of Willis Towers Watson Public in a research report on Thursday, March 28th. Keefe, Bruyette & Woods reduced their price target on shares of Willis Towers Watson Public from $317.00 to $311.00 and set an “outperform” rating for the company in a report on Monday, May 6th. Finally, Piper Sandler increased their price objective on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average price target of $296.14.

Willis Towers Watson Public Price Performance

Shares of WTW traded down $0.57 during midday trading on Friday, reaching $255.28. The stock had a trading volume of 324,841 shares, compared to its average volume of 380,223. The firm’s 50 day moving average price is $256.33 and its 200-day moving average price is $257.36. Willis Towers Watson Public Limited has a 52 week low of $195.29 and a 52 week high of $278.86. The company has a market capitalization of $26.10 billion, a P/E ratio of 25.60, a P/E/G ratio of 1.45 and a beta of 0.75. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 1.89.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, April 25th. The company reported $3.29 EPS for the quarter, topping the consensus estimate of $3.21 by $0.08. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.37 billion. During the same period in the previous year, the business earned $2.84 earnings per share. Willis Towers Watson Public’s revenue for the quarter was up 4.3% compared to the same quarter last year. On average, analysts forecast that Willis Towers Watson Public Limited will post 16.27 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Friday, June 28th. Willis Towers Watson Public’s payout ratio is 35.31%.

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.