Sendero Wealth Management LLC Acquires 762 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Sendero Wealth Management LLC lifted its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,549 shares of the company’s stock after buying an additional 762 shares during the quarter. Willis Towers Watson Public accounts for approximately 0.8% of Sendero Wealth Management LLC’s holdings, making the stock its 26th largest position. Sendero Wealth Management LLC’s holdings in Willis Towers Watson Public were worth $5,497,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Oppenheimer Asset Management Inc. grew its holdings in shares of Willis Towers Watson Public by 1.9% in the second quarter. Oppenheimer Asset Management Inc. now owns 3,373 shares of the company’s stock valued at $884,000 after purchasing an additional 62 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Willis Towers Watson Public by 12.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 737,464 shares of the company’s stock worth $193,332,000 after buying an additional 80,452 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Willis Towers Watson Public by 1.7% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 15,025 shares of the company’s stock worth $4,019,000 after buying an additional 256 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its position in shares of Willis Towers Watson Public by 6.9% during the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,915 shares of the company’s stock valued at $502,000 after buying an additional 123 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Willis Towers Watson Public by 12.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 8,099 shares of the company’s stock valued at $2,123,000 after acquiring an additional 917 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of WTW stock opened at $313.35 on Thursday. The company has a market capitalization of $31.56 billion, a P/E ratio of -43.04, a P/E/G ratio of 1.69 and a beta of 0.74. The company’s 50-day simple moving average is $314.80 and its two-hundred day simple moving average is $294.77. Willis Towers Watson Public Limited has a one year low of $242.54 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 announced its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.25. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations 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%. Willis Towers Watson Public’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.24 earnings per share. As a group, equities analysts anticipate that Willis Towers Watson Public Limited will post 16.75 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public’s payout ratio is -48.35%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Jefferies Financial Group raised Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their target price for the company from $352.00 to $382.00 in a research report on Friday, December 20th. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their price target for the stock from $365.00 to $400.00 in a research report on Thursday, December 5th. Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their price objective for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, Truist Financial restated a “buy” rating and issued a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Moderate Buy” and a consensus price target of $333.64.

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.