Brown Brothers Harriman & Co. Has $398,000 Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Brown Brothers Harriman & Co. lifted its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 29.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,270 shares of the company’s stock after purchasing an additional 287 shares during the period. Brown Brothers Harriman & Co.’s holdings in Willis Towers Watson Public were worth $398,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Townsquare Capital LLC increased its holdings in shares of Willis Towers Watson Public by 63.4% in the third quarter. Townsquare Capital LLC now owns 1,569 shares of the company’s stock valued at $462,000 after purchasing an additional 609 shares in the last quarter. Glenmede Trust Co. NA raised its position in shares of Willis Towers Watson Public by 3.1% during the third quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock worth $418,000 after acquiring an additional 42 shares during the last quarter. Public Sector Pension Investment Board lifted its stake in shares of Willis Towers Watson Public by 1.7% during the third quarter. Public Sector Pension Investment Board now owns 17,630 shares of the company’s stock valued at $5,193,000 after acquiring an additional 300 shares during the period. Martingale Asset Management L P bought a new position in Willis Towers Watson Public in the third quarter valued at about $207,000. Finally, Point72 Hong Kong Ltd acquired a new stake in Willis Towers Watson Public in the third quarter worth about $1,931,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $337.95 on Tuesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The stock has a market cap of $33.69 billion, a price-to-earnings ratio of -337.95, a PEG ratio of 2.95 and a beta of 0.71. The business has a 50 day simple moving average of $328.68 and a 200 day simple moving average of $314.01. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm’s revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $7.44 earnings per share. Analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.09%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date is Monday, March 31st. Willis Towers Watson Public’s payout ratio is -368.00%.

Insider Transactions at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the business’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the sale, the insider now owns 74,417 shares of the company’s stock, valued at $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.22% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on WTW shares. Truist Financial restated a “buy” rating and set a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Wells Fargo & Company reduced their price objective on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. UBS Group upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and upped their target price for the company from $344.00 to $395.00 in a research report on Tuesday, March 18th. Keefe, Bruyette & Woods raised their price target on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. Finally, Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their price objective for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $346.15.

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.