Generate Investment Management Ltd Acquires New Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Generate Investment Management Ltd bought a new stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 43,326 shares of the company's stock, valued at approximately $13,571,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Timber Creek Capital Management LLC raised its holdings in shares of Willis Towers Watson Public by 11.4% in the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company's stock worth $5,625,000 after buying an additional 1,957 shares in the last quarter. OneDigital Investment Advisors LLC raised its stake in shares of Willis Towers Watson Public by 71.7% in the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company's stock valued at $1,957,000 after acquiring an additional 2,775 shares during the last quarter. Intech Investment Management LLC raised its stake in shares of Willis Towers Watson Public by 28.3% in the third quarter. Intech Investment Management LLC now owns 104,414 shares of the company's stock valued at $30,753,000 after acquiring an additional 23,001 shares during the last quarter. Atom Investors LP boosted its holdings in shares of Willis Towers Watson Public by 64.0% in the 3rd quarter. Atom Investors LP now owns 8,014 shares of the company's stock worth $2,360,000 after acquiring an additional 3,126 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in Willis Towers Watson Public by 24.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company's stock worth $55,156,000 after acquiring an additional 37,340 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Performance

Shares of WTW traded down $6.00 during trading hours on Tuesday, hitting $319.18. The company's stock had a trading volume of 267,680 shares, compared to its average volume of 529,952. The business has a 50 day simple moving average of $317.87 and a two-hundred day simple moving average of $302.69. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $334.99. The company has a market cap of $32.15 billion, a price-to-earnings ratio of -319.27, a PEG ratio of 2.91 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating analysts' consensus estimates of $8.01 by $0.12. The firm had revenue of $3.04 billion during the quarter, compared to analyst estimates 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 business's revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the previous year, the business earned $7.44 EPS. On average, equities analysts expect that Willis Towers Watson Public Limited will post 17.72 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public's payout ratio is -352.00%.

Analyst Upgrades and Downgrades

WTW has been the subject of a number of recent research reports. Barclays boosted their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a research report on Thursday, November 21st. 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 report on Wednesday, December 4th. Wells Fargo & Company decreased their target price 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. Evercore ISI upgraded Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and lifted their price objective for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Finally, Raymond James raised shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and lifted their price target for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and an average price target of $338.69.

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.