Securian Asset Management Inc. Decreases Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Securian Asset Management Inc. decreased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW – Get Rating) by 1.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,893 shares of the company’s stock after selling 100 shares during the quarter. Securian Asset Management Inc.’s holdings in Willis Towers Watson Public were worth $2,175,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of Willis Towers Watson Public by 3.1% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,515 shares of the company’s stock valued at $371,000 after purchasing an additional 46 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Willis Towers Watson Public by 0.6% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,353 shares of the company’s stock valued at $2,043,000 after acquiring an additional 51 shares during the period. AMG National Trust Bank grew its position in shares of Willis Towers Watson Public by 0.3% during the 3rd quarter. AMG National Trust Bank now owns 17,688 shares of the company’s stock valued at $3,555,000 after acquiring an additional 58 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in Willis Towers Watson Public by 0.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 8,434 shares of the company’s stock worth $2,063,000 after buying an additional 60 shares during the last quarter. Finally, First Republic Investment Management Inc. boosted its holdings in Willis Towers Watson Public by 1.6% in the 3rd quarter. First Republic Investment Management Inc. now owns 4,528 shares of the company’s stock worth $910,000 after buying an additional 72 shares during the last quarter. Institutional investors own 93.77% of the company’s stock.

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Insider Activity at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,000 shares of the company’s stock in a transaction dated Tuesday, February 14th. The shares were sold at an average price of $246.70, for a total transaction of $740,100.00. Following the sale, the insider now directly owns 85,050 shares of the company’s stock, valued at $20,981,835. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, insider Julie Jarecke Gebauer sold 3,000 shares of the stock in a transaction that occurred on Tuesday, February 14th. The shares were sold at an average price of $246.70, for a total transaction of $740,100.00. Following the sale, the insider now directly owns 85,050 shares of the company’s stock, valued at $20,981,835. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Anne Donovan Bodnar sold 5,000 shares of the stock in a transaction that occurred on Thursday, February 9th. The shares were sold at an average price of $253.94, for a total transaction of $1,269,700.00. Following the completion of the transaction, the insider now owns 9,164 shares in the company, valued at $2,327,106.16. The disclosure for this sale can be found here. 0.83% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on WTW. Keefe, Bruyette & Woods decreased their target price on shares of Willis Towers Watson Public from $303.00 to $289.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 18th. The Goldman Sachs Group raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $290.00 price target for the company in a research report on Monday, February 27th. Robert W. Baird upped their target price on shares of Willis Towers Watson Public from $246.00 to $259.00 and gave the company an “outperform” rating in a report on Thursday, February 16th. Wells Fargo & Company upped their target price on shares of Willis Towers Watson Public from $218.00 to $255.00 and gave the company an “equal weight” rating in a report on Wednesday, January 18th. Finally, Piper Sandler raised their price objective on shares of Willis Towers Watson Public from $250.00 to $280.00 in a research report on Tuesday, January 17th. Seven research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $267.77.

Willis Towers Watson Public Stock Down 0.1 %

WTW stock opened at $241.26 on Monday. Willis Towers Watson Public Limited has a 12 month low of $187.89 and a 12 month high of $258.93. The firm has a market cap of $25.69 billion, a PE ratio of 26.45, a P/E/G ratio of 1.28 and a beta of 0.75. The firm has a 50 day simple moving average of $234.65 and a 200 day simple moving average of $236.15. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.69 and a quick ratio of 1.69.

Willis Towers Watson Public (NASDAQ:WTW – Get Rating) last posted its quarterly earnings results on Thursday, February 9th. The company reported $6.33 EPS for the quarter, beating the consensus estimate of $6.29 by $0.04. The business had revenue of $2.72 billion for the quarter, compared to analysts’ expectations of $2.70 billion. Willis Towers Watson Public had a net margin of 11.38% and a return on equity of 14.53%. Willis Towers Watson Public’s revenue was up .6% on a year-over-year basis. During the same period in the previous year, the company posted $5.67 EPS. Equities research analysts forecast that Willis Towers Watson Public Limited will post 14.53 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 17th. Stockholders of record on Friday, March 31st were given a dividend of $0.84 per share. The ex-dividend date of this dividend was Thursday, March 30th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 1.39%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.82. Willis Towers Watson Public’s dividend payout ratio is currently 36.84%.

About Willis Towers Watson Public

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Willis Towers Watson Plc engages in the provision of advisory, broking, and solutions services. It operates through the following segments: Human Capital and Benefits (HCB), Corporate Risk and Broking (CRB), Investment, Risk and Reinsurance (IRR), and Benefits Delivery and Administration (BDA). The HCB segment provides advice, broking, solutions, and software for employee benefit plans, human resources organizations, and management teams.

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