Generate Investment Management Ltd Purchases Shares of 43,326 Willis Towers Watson Public Limited (NASDAQ:WTW)

Generate Investment Management Ltd acquired a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 43,326 shares of the company’s stock, valued at approximately $13,571,000.

Several other institutional investors and hedge funds also recently made changes to their positions in WTW. Truist Financial Corp grew its position in Willis Towers Watson Public by 0.9% during the second quarter. Truist Financial Corp now owns 11,479 shares of the company’s stock worth $3,009,000 after buying an additional 100 shares in the last quarter. Cetera Investment Advisers raised its holdings in Willis Towers Watson Public by 8.5% in the 2nd quarter. Cetera Investment Advisers now owns 7,691 shares of the company’s stock valued at $2,016,000 after acquiring an additional 600 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Willis Towers Watson Public during the 2nd quarter valued at $895,000. Czech National Bank grew its holdings in shares of Willis Towers Watson Public by 6.2% during the 3rd quarter. Czech National Bank now owns 20,688 shares of the company’s stock worth $6,093,000 after purchasing an additional 1,205 shares in the last quarter. Finally, Mather Group LLC. increased its position in shares of Willis Towers Watson Public by 14.5% in the third quarter. Mather Group LLC. now owns 608 shares of the company’s stock worth $179,000 after purchasing an additional 77 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on WTW shares. Truist Financial reaffirmed a “buy” rating and set a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and raised their target price for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Wells Fargo & Company dropped their price objective on 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. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and lifted their target price for the company from $352.00 to $382.00 in a research report on Friday, December 20th. Finally, Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their price target for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, five have assigned 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, Willis Towers Watson Public currently has a consensus rating of “Moderate Buy” and a consensus target price of $333.64.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $326.91 on Friday. Willis Towers Watson Public Limited has a twelve month low of $245.04 and a twelve month high of $334.99. The stock has a fifty day simple moving average of $317.58 and a 200 day simple moving average of $301.26. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $7.44 earnings per share. As a group, analysts predict that Willis Towers Watson Public Limited will post 16.75 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 Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is currently -48.35%.

About Willis Towers Watson Public

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.