Sei Investments Co. Raises Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Sei Investments Co. lifted its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 19.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 274,230 shares of the company’s stock after purchasing an additional 44,429 shares during the period. Sei Investments Co. owned 0.27% of Willis Towers Watson Public worth $85,901,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Timber Creek Capital Management LLC boosted its position in Willis Towers Watson Public by 11.4% during the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock valued at $5,625,000 after acquiring an additional 1,957 shares in the last quarter. Atom Investors LP boosted its position in shares of Willis Towers Watson Public by 64.0% during the third quarter. Atom Investors LP now owns 8,014 shares of the company’s stock valued at $2,360,000 after purchasing an additional 3,126 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Willis Towers Watson Public by 24.9% in the third quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company’s stock worth $55,156,000 after purchasing an additional 37,340 shares during the period. DRW Securities LLC raised its holdings in Willis Towers Watson Public by 205.6% in the third quarter. DRW Securities LLC now owns 4,596 shares of the company’s stock worth $1,354,000 after purchasing an additional 3,092 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in Willis Towers Watson Public by 33.9% during the third quarter. BNP Paribas Financial Markets now owns 186,332 shares of the company’s stock valued at $54,880,000 after buying an additional 47,148 shares during the period. Institutional investors own 93.09% of the company’s stock.

Insiders Place Their Bets

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of the business’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the transaction, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.22% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on WTW. Evercore ISI upgraded shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Wells Fargo & Company lowered their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. Truist Financial restated 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. UBS Group upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $344.00 to $395.00 in a research note on Tuesday, March 18th. Finally, Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and increased their target price for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $346.15.

Willis Towers Watson Public Price Performance

WTW opened at $332.71 on Friday. The company’s 50-day simple moving average is $326.11 and its two-hundred day simple moving average is $311.90. Willis Towers Watson Public Limited has a 52-week low of $245.04 and a 52-week high of $344.14. The stock has a market capitalization of $33.17 billion, a P/E ratio of -332.71, a P/E/G ratio of 2.95 and a beta of 0.71. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98.

Willis Towers Watson Public (NASDAQ:WTW) last issued 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 company had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the company posted $7.44 earnings per share. As a group, analysts predict that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.92 dividend. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date is Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a yield of 1.11%. Willis Towers Watson Public’s dividend payout ratio is currently -368.00%.

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.