Nordea Investment Management AB Has $5.44 Million Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Nordea Investment Management AB cut its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 50.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,411 shares of the company's stock after selling 17,900 shares during the quarter. Nordea Investment Management AB's holdings in Willis Towers Watson Public were worth $5,443,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WTW. Mizuho Securities USA LLC raised its stake in shares of Willis Towers Watson Public by 95,880.2% during the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company's stock valued at $2,229,298,000 after purchasing an additional 7,561,114 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Willis Towers Watson Public by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company's stock worth $772,027,000 after buying an additional 19,623 shares in the last quarter. FMR LLC lifted its stake in shares of Willis Towers Watson Public by 2.0% in the 3rd quarter. FMR LLC now owns 2,416,455 shares of the company's stock worth $711,718,000 after acquiring an additional 48,384 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of Willis Towers Watson Public by 0.5% in the third quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company's stock valued at $589,698,000 after acquiring an additional 10,856 shares in the last quarter. Finally, Baupost Group LLC MA increased its stake in shares of Willis Towers Watson Public by 7.8% during the third quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company's stock valued at $524,619,000 after acquiring an additional 128,558 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Raymond James raised Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and increased their price target for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Keefe, Bruyette & Woods raised their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an "outperform" rating in a research note on Friday. Barclays boosted their price target on shares of 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. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and raised their price objective for the company from $352.00 to $382.00 in a research report on Friday, December 20th. Finally, Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and boosted their target price for the stock from $357.00 to $373.00 in a report on Wednesday. One analyst has rated the stock with a sell rating, five 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 presently has an average rating of "Moderate Buy" and an average price target of $333.29.

Willis Towers Watson Public Stock Down 0.4 %

Shares of WTW traded down $1.23 during mid-day trading on Friday, reaching $312.92. The company's stock had a trading volume of 594,687 shares, compared to its average volume of 528,795. Willis Towers Watson Public Limited has a 1 year low of $242.54 and a 1 year high of $334.99. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The company has a market cap of $31.52 billion, a price-to-earnings ratio of -42.98, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74. The business has a fifty day moving average of $314.60 and a 200 day moving average of $293.73.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 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 5.7% compared to the same quarter last year. During the same period last year, the company posted $2.24 EPS. As a group, analysts forecast that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.88 per share. The ex-dividend date is Tuesday, December 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.12%. Willis Towers Watson Public's dividend payout ratio is -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.