Sei Investments Co. Acquires 70,085 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Sei Investments Co. increased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTWFree Report) by 52.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 203,228 shares of the company’s stock after acquiring an additional 70,085 shares during the period. Sei Investments Co. owned about 0.20% of Willis Towers Watson Public worth $42,467,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of WTW. Resurgent Financial Advisors LLC bought a new stake in Willis Towers Watson Public during the 4th quarter valued at $27,000. Loomis Sayles & Co. L P purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at $28,000. Covington Capital Management purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at $32,000. Money Concepts Capital Corp purchased a new position in shares of Willis Towers Watson Public in the 4th quarter valued at $37,000. Finally, Janiczek Wealth Management LLC increased its holdings in shares of Willis Towers Watson Public by 1,460.0% in the 3rd quarter. Janiczek Wealth Management LLC now owns 234 shares of the company’s stock valued at $49,000 after acquiring an additional 219 shares during the period. 91.41% of the stock is owned by institutional investors.

Insider Activity

In related news, CFO Andrew Jay Krasner sold 1,100 shares of Willis Towers Watson Public stock in a transaction on Friday, March 1st. The shares were sold at an average price of $272.13, for a total value of $299,343.00. Following the sale, the chief financial officer now owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.83% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WTW. BMO Capital Markets upgraded Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and lifted their price target for the company from $236.00 to $298.00 in a report on Monday, February 12th. Stifel Nicolaus boosted their target price on Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a research note on Wednesday, February 7th. Morgan Stanley boosted their target price on Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 7th. TD Cowen initiated coverage on Willis Towers Watson Public in a research note on Wednesday, January 10th. They set an “outperform” rating and a $316.00 target price on the stock. Finally, Wells Fargo & Company boosted their target price on Willis Towers Watson Public from $288.00 to $320.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 7th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Moderate Buy” and a consensus target price of $283.92.

View Our Latest Research Report on WTW

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $274.36 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.45 and a quick ratio of 1.45. The stock has a market capitalization of $28.12 billion, a price-to-earnings ratio of 27.38, a PEG ratio of 1.64 and a beta of 0.74. The firm’s 50 day simple moving average is $258.88 and its 200-day simple moving average is $235.91. Willis Towers Watson Public Limited has a 12 month low of $195.29 and a 12 month high of $278.86.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last posted its earnings results on Tuesday, February 6th. The company reported $7.44 earnings per share for the quarter, beating the consensus estimate of $7.05 by $0.39. The firm had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.91 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the firm earned $6.33 EPS. Analysts expect that Willis Towers Watson Public Limited will post 16.28 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Sunday, March 31st will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.28%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. The ex-dividend date is Wednesday, March 27th. Willis Towers Watson Public’s payout ratio is 33.53%.

Willis Towers Watson Public Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Willis Towers Watson Public (NASDAQ:WTW)

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