Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Acquired by Sei Investments Co.

Sei Investments Co. raised its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 6.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 226,810 shares of the company’s stock after purchasing an additional 13,844 shares during the quarter. Sei Investments Co. owned 0.22% of Willis Towers Watson Public worth $59,455,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of WTW. Victory Capital Management Inc. increased its stake in shares of Willis Towers Watson Public by 5.2% in the second quarter. Victory Capital Management Inc. now owns 1,991,311 shares of the company’s stock worth $522,002,000 after buying an additional 98,922 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Willis Towers Watson Public by 17.8% in the second quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock worth $453,123,000 after purchasing an additional 261,562 shares in the last quarter. American Century Companies Inc. grew its stake in Willis Towers Watson Public by 22.5% in the second quarter. American Century Companies Inc. now owns 1,006,728 shares of the company’s stock worth $263,904,000 after purchasing an additional 185,126 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Willis Towers Watson Public by 12.2% in the second quarter. Dimensional Fund Advisors LP now owns 737,464 shares of the company’s stock worth $193,332,000 after purchasing an additional 80,452 shares in the last quarter. Finally, Acadian Asset Management LLC grew its stake in Willis Towers Watson Public by 53.0% in the second quarter. Acadian Asset Management LLC now owns 638,535 shares of the company’s stock worth $167,352,000 after purchasing an additional 221,108 shares in the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on WTW shares. Wells Fargo & Company boosted their price objective on Willis Towers Watson Public from $318.00 to $321.00 and gave the stock an “overweight” rating in a research report on Friday, July 26th. Truist Financial boosted their target price on Willis Towers Watson Public from $310.00 to $335.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Keefe, Bruyette & Woods lifted their price objective on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st. Barclays assumed 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 objective on the stock. Finally, Morgan Stanley lowered their price objective on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $298.73.

Willis Towers Watson Public Trading Down 0.2 %

Willis Towers Watson Public stock opened at $288.35 on Monday. The company’s fifty day simple moving average is $282.05 and its 200-day simple moving average is $268.59. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56. Willis Towers Watson Public Limited has a 12 month low of $203.36 and a 12 month high of $296.45. The stock has a market cap of $29.48 billion, a P/E ratio of 28.92, a P/E/G ratio of 1.52 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, July 25th. The company reported $2.55 EPS for the quarter, topping the consensus estimate of $2.28 by $0.27. The firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The business’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.05 earnings per share. As a group, sell-side analysts forecast that Willis Towers Watson Public Limited will post 16.51 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Monday, September 30th. Willis Towers Watson Public’s payout ratio is 35.31%.

About Willis Towers Watson Public

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.