Robeco Institutional Asset Management B.V. Grows Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Robeco Institutional Asset Management B.V. grew its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 10.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 109,103 shares of the company’s stock after buying an additional 9,970 shares during the period. Robeco Institutional Asset Management B.V. owned 0.11% of Willis Towers Watson Public worth $32,134,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Acadian Asset Management LLC lifted its holdings in Willis Towers Watson Public by 520.3% during the first quarter. Acadian Asset Management LLC now owns 417,427 shares of the company’s stock valued at $114,765,000 after purchasing an additional 350,135 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Willis Towers Watson Public by 17.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock worth $453,123,000 after buying an additional 261,562 shares during the period. American Century Companies Inc. grew its stake in Willis Towers Watson Public by 22.5% in the 2nd quarter. American Century Companies Inc. now owns 1,006,728 shares of the company’s stock valued at $263,904,000 after buying an additional 185,126 shares in the last quarter. Point72 Asset Management L.P. raised its holdings in Willis Towers Watson Public by 456.5% during the 2nd quarter. Point72 Asset Management L.P. now owns 198,389 shares of the company’s stock valued at $52,006,000 after acquiring an additional 162,741 shares during the period. Finally, Hsbc Holdings PLC grew its position in shares of Willis Towers Watson Public by 161.4% in the second quarter. Hsbc Holdings PLC now owns 190,101 shares of the company’s stock valued at $50,032,000 after purchasing an additional 117,372 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

NASDAQ:WTW opened at $307.92 on Wednesday. The company has a market capitalization of $31.01 billion, a price-to-earnings ratio of -42.30, a PEG ratio of 1.88 and a beta of 0.73. The business has a 50 day moving average of $292.70 and a 200 day moving average of $273.95. 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 Limited has a 1-year low of $234.00 and a 1-year high of $308.87.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period in the previous year, the business posted $2.24 EPS. The business’s quarterly revenue was up 5.7% on a year-over-year basis. On average, sell-side analysts predict that Willis Towers Watson Public Limited will post 16.59 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a dividend of $0.88 per share. The ex-dividend date was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.14%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -48.35%.

Analyst Ratings Changes

WTW has been the subject of a number of recent analyst reports. Wells Fargo & Company lifted their target price on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday. Keefe, Bruyette & Woods upped their target price on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a report on Tuesday. Barclays began coverage on shares of Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price target for the company. Morgan Stanley decreased their price target on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 10th. Finally, UBS Group raised Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Willis Towers Watson Public currently has a consensus rating of “Hold” and an average target price of $312.27.

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.