Sumitomo Mitsui Trust Group Inc. Decreases Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Sumitomo Mitsui Trust Group Inc. reduced its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 1.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 248,652 shares of the company's stock after selling 2,817 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.25% of Willis Towers Watson Public worth $77,888,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Capital Performance Advisors LLP bought a new position in shares of Willis Towers Watson Public in the third quarter worth $27,000. Y.D. More Investments Ltd boosted its stake in shares of Willis Towers Watson Public by 121.1% during the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company's stock valued at $39,000 after purchasing an additional 69 shares during the period. Ashton Thomas Securities LLC bought a new position in shares of Willis Towers Watson Public in the third quarter worth approximately $41,000. Versant Capital Management Inc grew its holdings in shares of Willis Towers Watson Public by 95.5% in the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company's stock worth $55,000 after purchasing an additional 85 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of Willis Towers Watson Public by 22.2% in the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company's stock worth $70,000 after buying an additional 43 shares during the period. 93.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

WTW has been the topic of a number of recent analyst reports. Barclays raised 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 report on Thursday, November 21st. Evercore ISI raised Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and upped their price target for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Jefferies Financial Group upgraded Willis Towers Watson Public from a "hold" rating to a "buy" rating and increased their price objective for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Raymond James raised Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and boosted their target price for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Finally, Truist Financial reaffirmed a "buy" rating and issued a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Willis Towers Watson Public has an average rating of "Moderate Buy" and a consensus price target of $342.08.

Willis Towers Watson Public Stock Up 1.0 %

Shares of WTW stock traded up $3.32 during trading hours on Thursday, hitting $322.28. 456,724 shares of the company's stock traded hands, compared to its average volume of 546,104. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The stock has a market cap of $32.46 billion, a price-to-earnings ratio of -322.28, a PEG ratio of 2.91 and a beta of 0.74. The stock's fifty day simple moving average is $317.41 and its two-hundred day simple moving average is $303.06. Willis Towers Watson Public Limited has a 12-month low of $245.04 and a 12-month high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, topping the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the previous year, the company posted $7.44 earnings per share. The company's revenue for the quarter was up 4.2% compared to the same quarter last year. On average, analysts expect that Willis Towers Watson Public Limited will post 17.72 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.88 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a yield of 1.09%. Willis Towers Watson Public's dividend payout ratio is currently -352.00%.

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.