Schroder Investment Management Group Has $17.76 Million Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Schroder Investment Management Group increased its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 67.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 56,851 shares of the company’s stock after purchasing an additional 22,859 shares during the quarter. Schroder Investment Management Group owned approximately 0.06% of Willis Towers Watson Public worth $17,758,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in Willis Towers Watson Public by 24.9% in the third quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company’s stock valued at $55,156,000 after buying an additional 37,340 shares during the period. Everence Capital Management Inc. acquired a new position in shares of Willis Towers Watson Public during the 4th quarter worth approximately $993,000. Sanctuary Advisors LLC raised its stake in Willis Towers Watson Public by 2.7% in the 4th quarter. Sanctuary Advisors LLC now owns 4,135 shares of the company’s stock valued at $1,364,000 after acquiring an additional 109 shares during the period. Janus Henderson Group PLC lifted its holdings in Willis Towers Watson Public by 18.4% during the 3rd quarter. Janus Henderson Group PLC now owns 13,511 shares of the company’s stock valued at $3,978,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its position in Willis Towers Watson Public by 5.7% during the third quarter. Nomura Asset Management Co. Ltd. now owns 30,835 shares of the company’s stock worth $9,082,000 after purchasing an additional 1,660 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on WTW shares. Truist Financial restated a “buy” rating and set a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Wells Fargo & Company reduced their price objective on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. Keefe, Bruyette & Woods increased their target price 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 upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price target for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Finally, Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $346.15.

Insider Activity

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the sale, the insider now directly owns 74,417 shares in the company, valued at approximately $24,986,996.09. This trade represents a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.22% of the company’s stock.

Willis Towers Watson Public Stock Up 0.1 %

WTW stock opened at $337.43 on Thursday. Willis Towers Watson Public Limited has a 52 week low of $245.04 and a 52 week high of $344.14. The business has a 50-day simple moving average of $329.30 and a 200 day simple moving average of $314.49. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The company has a market cap of $33.64 billion, a PE ratio of -337.43, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to analysts’ expectations 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%. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the company earned $7.44 EPS. Sell-side analysts anticipate that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend is Monday, March 31st. This is an increase 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%.

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.