Handelsbanken Fonder AB Buys 11,784 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Handelsbanken Fonder AB raised its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 60.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,251 shares of the company’s stock after purchasing an additional 11,784 shares during the period. Handelsbanken Fonder AB’s holdings in Willis Towers Watson Public were worth $9,789,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in Willis Towers Watson Public in the 3rd quarter valued at about $27,000. Y.D. More Investments Ltd boosted its holdings in shares of Willis Towers Watson Public by 121.1% during the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after acquiring an additional 69 shares during the period. Ashton Thomas Securities LLC bought a new stake in shares of Willis Towers Watson Public during the third quarter worth approximately $41,000. Versant Capital Management Inc grew its position in shares of Willis Towers Watson Public by 95.5% in the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after purchasing an additional 85 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after purchasing an additional 43 shares during the period. 93.09% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Truist Financial restated a “buy” rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Wells Fargo & Company reduced their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Finally, Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their target price for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $342.08.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ:WTW opened at $325.95 on Friday. Willis Towers Watson Public Limited has a 1 year low of $245.04 and a 1 year high of $334.99. The stock has a market capitalization of $32.83 billion, a price-to-earnings ratio of -325.95, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The company’s 50 day simple moving average is $318.60 and its 200 day simple moving average is $304.94.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the company posted $7.44 EPS. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. As a group, research analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

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

Willis Towers Watson Public 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.