Generate Investment Management Ltd Takes Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Generate Investment Management Ltd purchased a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 43,326 shares of the company’s stock, valued at approximately $13,571,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Mizuho Securities USA LLC grew 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 worth $2,229,298,000 after purchasing an additional 7,561,114 shares during the period. Geode Capital Management LLC grew 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 during the period. FMR LLC increased 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 valued at $711,718,000 after acquiring an additional 48,384 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Willis Towers Watson Public by 0.5% in the 3rd 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 during the period. Finally, Baupost Group LLC MA raised its position in shares of Willis Towers Watson Public by 7.8% in the 3rd 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. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on WTW. 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 stock from $365.00 to $400.00 in a research report on Thursday, December 5th. 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 note on Tuesday, January 14th. 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. Truist Financial reiterated a “buy” rating and issued a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Finally, Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their target price for the stock from $352.00 to $382.00 in a report on Friday, December 20th. 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 assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $333.64.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW opened at $326.91 on Friday. The company’s 50-day moving average price is $317.58 and its two-hundred day moving average price is $301.26. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $334.99. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results 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 business had revenue of $3.04 billion for the quarter, compared to analyst estimates 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%. Willis Towers Watson Public’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $7.44 earnings per share. Research analysts anticipate that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.88 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.08%. Willis Towers Watson Public’s dividend payout ratio is presently -48.35%.

Willis Towers Watson Public Company 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.