Willis Towers Watson Public Limited Company $WTW Holdings Raised by Schroder Investment Management Group

Schroder Investment Management Group lifted its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 5.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 74,582 shares of the company’s stock after purchasing an additional 3,605 shares during the quarter. Schroder Investment Management Group owned 0.08% of Willis Towers Watson Public worth $25,453,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of WTW. Alpine Bank Wealth Management purchased a new stake in Willis Towers Watson Public during the third quarter valued at about $25,000. SOA Wealth Advisors LLC. increased its position in shares of Willis Towers Watson Public by 8,200.0% in the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock worth $29,000 after acquiring an additional 82 shares in the last quarter. Raiffeisen Bank International AG purchased a new position in shares of Willis Towers Watson Public in the third quarter worth approximately $31,000. Quent Capital LLC acquired a new stake in shares of Willis Towers Watson Public during the third quarter valued at approximately $34,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Willis Towers Watson Public in the 2nd quarter valued at approximately $39,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Down 1.1%

WTW stock opened at $286.63 on Friday. Willis Towers Watson Public Limited Company has a 12-month low of $275.60 and a 12-month high of $352.79. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.71. The company has a market cap of $27.10 billion, a price-to-earnings ratio of 17.50, a PEG ratio of 1.29 and a beta of 0.62. The company has a 50 day moving average of $311.41 and a two-hundred day moving average of $323.10.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 EPS for the quarter, beating the consensus estimate of $7.93 by $0.19. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The business had revenue of $2.94 billion for the quarter, compared to analysts’ expectations of $2.87 billion. During the same period in the previous year, the company posted $8.13 EPS. Willis Towers Watson Public’s revenue was down 3.3% on a year-over-year basis. On average, equities analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 1.3%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.92. The ex-dividend date is Tuesday, March 31st. Willis Towers Watson Public’s dividend payout ratio is presently 22.47%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on WTW shares. Keefe, Bruyette & Woods lifted their price objective on shares of Willis Towers Watson Public from $375.00 to $388.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 6th. UBS Group increased their target price on Willis Towers Watson Public from $398.00 to $409.00 and gave the company a “buy” rating in a report on Monday, February 9th. Wall Street Zen raised Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Barclays upgraded Willis Towers Watson Public from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $318.00 to $341.00 in a report on Wednesday. Finally, Piper Sandler reduced their price objective on Willis Towers Watson Public from $365.00 to $341.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $373.14.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.