37,133 Shares in Willis Towers Watson Public Limited Company $WTW Bought by SEB Asset Management AB

SEB Asset Management AB purchased a new stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 37,133 shares of the company’s stock, valued at approximately $10,795,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dodge & Cox boosted its stake in shares of Willis Towers Watson Public by 90.7% during the 4th quarter. Dodge & Cox now owns 6,925,525 shares of the company’s stock worth $2,275,728,000 after acquiring an additional 3,293,334 shares in the last quarter. Norges Bank purchased a new position in shares of Willis Towers Watson Public in the 4th quarter valued at about $511,151,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Willis Towers Watson Public in the 4th quarter valued at about $284,570,000. Bank of Montreal Can boosted its position in Willis Towers Watson Public by 657.3% during the fourth quarter. Bank of Montreal Can now owns 941,637 shares of the company’s stock worth $309,422,000 after purchasing an additional 817,301 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. boosted its position in Willis Towers Watson Public by 23.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,505,195 shares of the company’s stock worth $1,151,808,000 after purchasing an additional 664,202 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

WTW opened at $293.30 on Tuesday. The firm has a market capitalization of $27.70 billion, a PE ratio of 17.10, a PEG ratio of 0.95 and a beta of 0.43. Willis Towers Watson Public Limited Company has a twelve month low of $240.61 and a twelve month high of $352.79. The firm’s 50-day moving average price is $265.86 and its 200 day moving average price is $288.11. The company has a current ratio of 2.92, a quick ratio of 2.92 and a debt-to-equity ratio of 0.78.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Friday, May 1st. The company reported $3.72 EPS for the quarter, topping analysts’ consensus estimates of $3.65 by $0.07. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The firm had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter last year, the business posted $3.13 earnings per share. The firm’s revenue was up 8.5% compared to the same quarter last year. As a group, sell-side analysts expect that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.96 per share. The ex-dividend date was Tuesday, June 30th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.3%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently 22.39%.

Insider Activity

In related news, insider Lucy Clarke acquired 1,896 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was purchased at an average price of $263.37 per share, with a total value of $499,349.52. Following the transaction, the insider owned 22,717 shares of the company’s stock, valued at approximately $5,982,976.29. This trade represents a 9.11% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on WTW shares. Wall Street Zen upgraded Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Mizuho increased their target price on Willis Towers Watson Public from $338.00 to $361.00 and gave the company an “outperform” rating in a research report on Thursday, July 9th. Citigroup raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 price target on the stock in a research note on Wednesday, May 6th. Cantor Fitzgerald boosted their price target on shares of Willis Towers Watson Public from $322.00 to $344.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Finally, Wells Fargo & Company upped their price objective on shares of Willis Towers Watson Public from $319.00 to $341.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $351.80.

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.