Robeco Institutional Asset Management B.V. Sells 3,133 Shares of Willis Towers Watson Public Limited Company $WTW

Robeco Institutional Asset Management B.V. lessened its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 65.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,647 shares of the company’s stock after selling 3,133 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Willis Towers Watson Public were worth $541,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Howard Capital Management Inc. raised its holdings in Willis Towers Watson Public by 5.7% in the 4th quarter. Howard Capital Management Inc. now owns 744 shares of the company’s stock valued at $244,000 after acquiring an additional 40 shares during the period. Bartlett & CO. Wealth Management LLC grew its position in shares of Willis Towers Watson Public by 375.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock valued at $25,000 after purchasing an additional 60 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $782,000. Oak Thistle LLC bought a new position in shares of Willis Towers Watson Public during the fourth quarter worth approximately $1,280,000. Finally, Greenleaf Trust increased its stake in shares of Willis Towers Watson Public by 23.6% during the fourth quarter. Greenleaf Trust now owns 1,007 shares of the company’s stock worth $331,000 after purchasing an additional 192 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Trading Up 0.6%

Shares of NASDAQ:WTW opened at $297.64 on Friday. The business’s 50 day simple moving average is $292.23 and its 200 day simple moving average is $315.11. Willis Towers Watson Public Limited Company has a 1 year low of $273.59 and a 1 year high of $352.79. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.21 and a quick ratio of 2.21. The company has a market capitalization of $28.04 billion, a P/E ratio of 18.17, a P/E/G ratio of 1.30 and a beta of 0.62.

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

Willis Towers Watson Public Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $0.96 per share. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.92. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $3.84 annualized dividend and a dividend yield of 1.3%. Willis Towers Watson Public’s payout ratio is presently 23.44%.

Analyst Ratings Changes

WTW has been the subject of several recent research reports. Piper Sandler reduced their price target 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. Wall Street Zen lowered Willis Towers Watson Public from a “hold” rating to a “sell” rating in a report on Saturday, April 11th. Keefe, Bruyette & Woods lowered their price objective on Willis Towers Watson Public from $388.00 to $384.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Morgan Stanley reduced their target price on shares of Willis Towers Watson Public from $330.00 to $320.00 and set an “equal weight” rating for the company in a research report on Monday, April 6th. Finally, Evercore upped their price target on shares of Willis Towers Watson Public from $383.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average price target of $366.29.

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.