Generate Investment Management Ltd Has $9.57 Million Stock Position in Willis Towers Watson Public Limited Company $WTW

Generate Investment Management Ltd lowered its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 43.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,131 shares of the company’s stock after selling 22,325 shares during the quarter. Generate Investment Management Ltd’s holdings in Willis Towers Watson Public were worth $9,573,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Czech National Bank increased its position in shares of Willis Towers Watson Public by 1.9% in the fourth quarter. Czech National Bank now owns 25,248 shares of the company’s stock worth $8,296,000 after acquiring an additional 472 shares in the last quarter. DAVENPORT & Co LLC lifted its position in shares of Willis Towers Watson Public by 6.5% in the 4th quarter. DAVENPORT & Co LLC now owns 1,418 shares of the company’s stock valued at $466,000 after acquiring an additional 86 shares in the last quarter. Avanza Fonder AB boosted its stake in Willis Towers Watson Public by 40.0% in the 4th quarter. Avanza Fonder AB now owns 9,128 shares of the company’s stock worth $2,999,000 after purchasing an additional 2,606 shares during the period. SG Americas Securities LLC boosted its stake in Willis Towers Watson Public by 689.8% in the 4th quarter. SG Americas Securities LLC now owns 61,135 shares of the company’s stock worth $20,089,000 after purchasing an additional 53,394 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in Willis Towers Watson Public by 8.3% during the 4th quarter. Assenagon Asset Management S.A. now owns 3,808 shares of the company’s stock worth $1,251,000 after purchasing an additional 293 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on WTW. Wall Street Zen raised shares of Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Mizuho lowered their price target on Willis Towers Watson Public from $392.00 to $358.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. Evercore upped their price target on Willis Towers Watson Public from $383.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Wells Fargo & Company increased their price objective on Willis Towers Watson Public from $366.00 to $379.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Finally, Citigroup raised their price objective on Willis Towers Watson Public from $351.00 to $366.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $373.14.

Willis Towers Watson Public Trading Down 1.6%

Shares of NASDAQ:WTW opened at $282.18 on Friday. The firm has a fifty day moving average of $302.36 and a two-hundred day moving average of $320.02. The firm has a market capitalization of $26.68 billion, a P/E ratio of 17.23, a price-to-earnings-growth ratio of 1.28 and a beta of 0.62. Willis Towers Watson Public Limited Company has a 12-month low of $275.60 and a 12-month high of $352.79. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share for the quarter, topping analysts’ consensus estimates of $7.93 by $0.19. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The business had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $2.87 billion. During the same period in the prior year, the business posted $8.13 earnings per share. Willis Towers Watson Public’s revenue for the quarter was down 3.3% compared to the same quarter last year. On average, equities analysts expect that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, March 31st. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.92. Willis Towers Watson Public’s payout ratio is currently 22.47%.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.