Forsta AP Fonden Buys 3,400 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Forsta AP Fonden boosted its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 14.5% during the fourth quarter, Holdings Channel reports. The firm owned 26,800 shares of the company’s stock after purchasing an additional 3,400 shares during the quarter. Forsta AP Fonden’s holdings in Willis Towers Watson Public were worth $8,395,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Mizuho Securities USA LLC lifted its holdings in shares of Willis Towers Watson Public by 95,880.2% during 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 buying an additional 7,561,114 shares during the period. Geode Capital Management LLC lifted its holdings in Willis Towers Watson Public by 0.8% in the third quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company’s stock valued at $772,027,000 after acquiring an additional 19,623 shares during the period. FMR LLC boosted its position in Willis Towers Watson Public by 2.0% in the third quarter. FMR LLC now owns 2,416,455 shares of the company’s stock worth $711,718,000 after purchasing an additional 48,384 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Willis Towers Watson Public by 0.5% during the 3rd quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock valued at $589,698,000 after purchasing an additional 10,856 shares during the period. Finally, Baupost Group LLC MA increased its position in shares of Willis Towers Watson Public by 7.8% during the 3rd quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company’s stock valued at $524,619,000 after purchasing an additional 128,558 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Analyst Ratings Changes

WTW has been the subject of several recent research reports. Wells Fargo & Company cut their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their price objective for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Keefe, Bruyette & Woods lifted their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research report on Friday, January 10th. Truist Financial restated 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 report on Wednesday, December 4th. Finally, UBS Group raised Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $333.64.

Willis Towers Watson Public Price Performance

NASDAQ:WTW opened at $329.83 on Friday. The company has a market capitalization of $33.22 billion, a P/E ratio of -45.31, a P/E/G ratio of 1.72 and a beta of 0.74. Willis Towers Watson Public Limited has a 12 month low of $242.54 and a 12 month high of $334.99. The business’s 50-day moving average is $316.60 and its 200 day moving average is $299.12. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the previous year, the business posted $2.24 earnings per share. Willis Towers Watson Public’s quarterly revenue was up 5.7% on a year-over-year basis. On average, equities research analysts forecast that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The firm 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 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is -48.35%.

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.