AMF Tjanstepension AB Decreases Holdings in Willis Towers Watson Public Limited Company $WTW

AMF Tjanstepension AB lowered its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 38.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 41,509 shares of the company’s stock after selling 26,310 shares during the period. AMF Tjanstepension AB’s holdings in Willis Towers Watson Public were worth $14,339,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Horizon Corp purchased a new position in Willis Towers Watson Public during the third quarter worth about $651,000. Capital Fund Management S.A. acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter valued at about $9,570,000. D.A. Davidson & CO. increased its stake in shares of Willis Towers Watson Public by 76.4% during the 2nd quarter. D.A. Davidson & CO. now owns 2,392 shares of the company’s stock valued at $733,000 after acquiring an additional 1,036 shares during the last quarter. Atria Investments Inc lifted its holdings in shares of Willis Towers Watson Public by 87.6% during the 2nd quarter. Atria Investments Inc now owns 4,867 shares of the company’s stock worth $1,492,000 after acquiring an additional 2,272 shares during the period. Finally, Artisan Partners Limited Partnership boosted its position in shares of Willis Towers Watson Public by 1.8% in the second quarter. Artisan Partners Limited Partnership now owns 3,579,098 shares of the company’s stock worth $1,096,994,000 after acquiring an additional 62,570 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Stock Up 0.1%

WTW stock opened at $322.81 on Friday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.61. The firm has a 50 day simple moving average of $325.74 and a 200-day simple moving average of $326.65. The company has a market capitalization of $30.91 billion, a P/E ratio of 15.36, a PEG ratio of 1.55 and a beta of 0.63. Willis Towers Watson Public Limited Company has a twelve month low of $292.97 and a twelve month high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, October 30th. The company reported $3.07 EPS for the quarter, topping analysts’ consensus estimates of $3.05 by $0.02. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a return on equity of 21.46% and a net margin of 21.58%.The company’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the firm earned $2.93 earnings per share. On average, equities research analysts predict that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is 17.52%.

Analyst Ratings Changes

A number of equities analysts have weighed in on WTW shares. Mizuho assumed coverage on shares of Willis Towers Watson Public in a research note on Tuesday, December 16th. They set an “outperform” rating and a $386.00 price target on the stock. Wells Fargo & Company upped their price objective on Willis Towers Watson Public from $356.00 to $366.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Evercore ISI reduced their target price on Willis Towers Watson Public from $387.00 to $383.00 and set an “outperform” rating on the stock in a report on Wednesday, January 7th. Piper Sandler lowered their price target on Willis Towers Watson Public from $387.00 to $356.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Willis Towers Watson Public in a report on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $369.08.

Willis Towers Watson Public Company Profile

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.