TD Asset Management Inc Has $13.54 Million Stake in Willis Towers Watson Public Limited Company $WTW

TD Asset Management Inc cut its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 8.4% during the fourth quarter, Holdings Channel reports. The fund owned 41,204 shares of the company’s stock after selling 3,795 shares during the quarter. TD Asset Management Inc’s holdings in Willis Towers Watson Public were worth $13,540,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in Willis Towers Watson Public by 4.7% during the fourth quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock worth $429,000 after purchasing an additional 61 shares during the period. NewEdge Advisors LLC raised its position in shares of Willis Towers Watson Public by 7.6% in the first quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock valued at $875,000 after purchasing an additional 182 shares during the period. Empowered Funds LLC raised its position in shares of Willis Towers Watson Public by 16.9% in the first quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock valued at $811,000 after purchasing an additional 347 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Willis Towers Watson Public by 38.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after buying an additional 39 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Willis Towers Watson Public by 12.6% during the 2nd quarter. First Trust Advisors LP now owns 14,806 shares of the company’s stock worth $4,538,000 after buying an additional 1,659 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Insiders Place Their Bets

In other news, insider Lucy Clarke acquired 1,896 shares of Willis Towers Watson Public stock in a transaction on Wednesday, May 6th. The shares were purchased at an average cost of $263.37 per share, for a total transaction of $499,349.52. Following the completion of the purchase, the insider directly owned 22,717 shares of the company’s stock, valued at approximately $5,982,976.29. This represents a 9.11% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.40% of the stock is owned by corporate insiders.

Willis Towers Watson Public Trading Down 2.1%

Shares of NASDAQ:WTW opened at $258.12 on Tuesday. The business’s 50 day simple moving average is $271.52 and its 200 day simple moving average is $298.91. Willis Towers Watson Public Limited Company has a 1 year low of $240.61 and a 1 year high of $352.79. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.92 and a quick ratio of 2.92. The company has a market capitalization of $24.38 billion, a P/E ratio of 15.05, a P/E/G ratio of 0.85 and a beta of 0.43.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Friday, May 1st. The company reported $3.72 earnings per share for the quarter, beating the consensus estimate of $3.65 by $0.07. The firm had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.41 billion. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.13 EPS. On average, research analysts anticipate that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Willis Towers Watson Public’s payout ratio is 22.39%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on WTW shares. Barclays decreased their price target on shares of Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. Truist Financial upgraded Willis Towers Watson Public to a “strong-buy” rating in a report on Thursday, April 30th. Citigroup raised Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 target price on the stock in a research report on Wednesday, May 6th. Morgan Stanley lowered their target price on Willis Towers Watson Public from $330.00 to $320.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. Finally, UBS Group dropped their price target on Willis Towers Watson Public from $409.00 to $400.00 and set a “buy” rating for the company in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and a consensus price target of $351.73.

Willis Towers Watson Public 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.