Barrow Hanley Mewhinney & Strauss LLC Cuts Stock Position in Willis Towers Watson Public Limited Company $WTW

Barrow Hanley Mewhinney & Strauss LLC decreased its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 18.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 835,070 shares of the company’s stock after selling 186,425 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned 0.87% of Willis Towers Watson Public worth $288,475,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Heartland Advisors Inc. grew its position in Willis Towers Watson Public by 25.4% during the 3rd quarter. Heartland Advisors Inc. now owns 23,959 shares of the company’s stock worth $8,277,000 after purchasing an additional 4,859 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Willis Towers Watson Public by 1.8% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 196,833 shares of the company’s stock worth $67,996,000 after buying an additional 3,454 shares during the period. Natixis Advisors LLC grew its holdings in shares of Willis Towers Watson Public by 7.5% during the third quarter. Natixis Advisors LLC now owns 179,771 shares of the company’s stock valued at $62,102,000 after buying an additional 12,575 shares during the last quarter. Wealthfront Advisers LLC increased its position in shares of Willis Towers Watson Public by 48.3% in the 3rd quarter. Wealthfront Advisers LLC now owns 17,840 shares of the company’s stock valued at $6,163,000 after acquiring an additional 5,813 shares during the period. Finally, First Horizon Corp purchased a new position in Willis Towers Watson Public in the 3rd quarter worth $651,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $289.26 on Wednesday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.71. Willis Towers Watson Public Limited Company has a 12-month low of $275.60 and a 12-month high of $352.79. The business’s 50 day moving average is $313.03 and its two-hundred day moving average is $323.59. The company has a market capitalization of $27.35 billion, a P/E ratio of 17.66, a P/E/G ratio of 1.32 and a beta of 0.62.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share for the quarter, topping the consensus estimate of $7.93 by $0.19. The business had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.87 billion. Willis Towers Watson Public had a return on equity of 20.91% and a net margin of 16.53%.The business’s quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the company posted $8.13 EPS. Analysts expect that Willis Towers Watson Public Limited Company will post 17.32 EPS 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 issued a dividend of $0.96 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.92. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.3%. Willis Towers Watson Public’s payout ratio is currently 22.47%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on WTW shares. Mizuho cut their price objective on Willis Towers Watson Public from $392.00 to $358.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. Truist Financial increased their price target on shares of Willis Towers Watson Public from $380.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Barclays lifted their price objective on shares of Willis Towers Watson Public from $303.00 to $318.00 and gave the company an “underweight” rating in a research note on Thursday, January 8th. Keefe, Bruyette & Woods increased 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 note on Tuesday, January 6th. Finally, Cantor Fitzgerald decreased their target price on shares of Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating for the company in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $371.50.

Willis Towers Watson Public 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.