Nomura Asset Management Co. Ltd. Has $11.14 Million Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Nomura Asset Management Co. Ltd. increased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 15.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,555 shares of the company’s stock after buying an additional 4,720 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Willis Towers Watson Public were worth $11,137,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the business. Y.D. More Investments Ltd raised its holdings in Willis Towers Watson Public by 121.1% during the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after buying an additional 69 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Willis Towers Watson Public in the 4th quarter worth $49,000. Versant Capital Management Inc increased its stake in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after acquiring an additional 85 shares during the period. Golden State Wealth Management LLC bought a new stake in shares of Willis Towers Watson Public during the fourth quarter valued at approximately $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Willis Towers Watson Public in the 4th quarter valued at $76,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Down 1.1 %

NASDAQ:WTW opened at $337.16 on Monday. The firm has a market capitalization of $33.61 billion, a price-to-earnings ratio of -337.16, a PEG ratio of 2.95 and a beta of 0.71. Willis Towers Watson Public Limited has a 1-year low of $245.04 and a 1-year high of $344.14. The business’s 50-day moving average price is $328.33 and its two-hundred day moving average price is $313.67. 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 released 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. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. Willis Towers Watson Public’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned $7.44 EPS. On average, equities analysts expect that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.92 dividend. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date is Monday, March 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.09%. Willis Towers Watson Public’s payout ratio is -368.00%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their target price for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. Keefe, Bruyette & Woods lifted their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their target price for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Truist Financial reissued a “buy” rating and set a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Finally, Wells Fargo & Company decreased their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $346.15.

Insider Activity

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the transaction, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.22% of the stock is owned by company insiders.

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.