Sumitomo Mitsui Trust Group Inc. Sells 2,817 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Sumitomo Mitsui Trust Group Inc. lessened its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 248,652 shares of the company’s stock after selling 2,817 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.25% of Willis Towers Watson Public worth $77,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Caitlin John LLC grew its position in Willis Towers Watson Public by 3.0% during the fourth quarter. Caitlin John LLC now owns 5,941 shares of the company’s stock valued at $1,861,000 after buying an additional 171 shares during the period. Bleakley Financial Group LLC boosted its stake in Willis Towers Watson Public by 4.6% in the fourth quarter. Bleakley Financial Group LLC now owns 2,589 shares of the company’s stock valued at $811,000 after acquiring an additional 114 shares during the last quarter. Tectonic Advisors LLC bought a new position in shares of Willis Towers Watson Public during the 4th quarter valued at approximately $215,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Willis Towers Watson Public by 20.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,324 shares of the company’s stock worth $3,260,000 after purchasing an additional 1,771 shares during the last quarter. Finally, Y.D. More Investments Ltd raised its holdings in shares of Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after purchasing an additional 69 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Trading Down 0.3 %

Willis Towers Watson Public stock opened at $325.79 on Monday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $334.99. The stock has a market cap of $32.82 billion, a P/E ratio of -325.79, a PEG ratio of 2.91 and a beta of 0.74. The firm’s fifty day moving average price is $317.78 and its 200-day moving average price is $302.11.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping analysts’ consensus estimates 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 positive return on equity of 20.02% and a negative net margin of 0.99%. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company earned $7.44 EPS. Equities research analysts forecast that Willis Towers Watson Public Limited will post 17.72 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.88 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a yield of 1.08%. Willis Towers Watson Public’s dividend payout ratio is presently -352.00%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Truist Financial reissued a “buy” rating and set a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Wells Fargo & Company dropped 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 report on Tuesday, January 14th. Barclays lifted their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research note on Thursday, November 21st. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their price target for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Finally, Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price objective for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Willis Towers Watson Public has an average rating of “Moderate Buy” and a consensus price target of $338.69.

Willis Towers Watson Public Company 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.