Lansforsakringar Fondforvaltning AB publ Makes New $10.57 Million Investment in Willis Towers Watson Public Limited (NASDAQ:WTW)

Lansforsakringar Fondforvaltning AB publ bought a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 33,730 shares of the company's stock, valued at approximately $10,566,000.

Other institutional investors also recently modified their holdings of the company. Sanctuary Advisors LLC boosted its holdings in shares of Willis Towers Watson Public by 2.7% during the fourth quarter. Sanctuary Advisors LLC now owns 4,135 shares of the company's stock worth $1,364,000 after purchasing an additional 109 shares during the period. Sunriver Management LLC lifted its holdings in Willis Towers Watson Public by 0.7% in the fourth quarter. Sunriver Management LLC now owns 175,627 shares of the company's stock worth $55,013,000 after buying an additional 1,223 shares during the period. Atria Wealth Solutions Inc. purchased a new stake in Willis Towers Watson Public in the fourth quarter worth about $263,000. Longboard Asset Management LP purchased a new stake in Willis Towers Watson Public in the fourth quarter worth about $245,000. Finally, Janney Montgomery Scott LLC lifted its holdings in Willis Towers Watson Public by 2.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 2,487 shares of the company's stock worth $779,000 after buying an additional 70 shares during the period. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WTW has been the subject of several research analyst reports. Keefe, Bruyette & Woods lowered their price objective on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Jefferies Financial Group lowered their price objective on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating for the company in a report on Friday, April 11th. Barclays raised their price objective on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a report on Friday, April 11th. Finally, UBS Group upgraded shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $344.00 to $395.00 in a report on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $356.30.

Willis Towers Watson Public Stock Up 0.3%

NASDAQ:WTW traded up $0.83 during trading hours on Friday, reaching $316.11. 809,671 shares of the company traded hands, compared to its average volume of 584,603. The business's 50-day moving average price is $315.39 and its two-hundred day moving average price is $319.24. The stock has a market capitalization of $31.34 billion, a P/E ratio of -316.11, a P/E/G ratio of 2.95 and a beta of 0.73. Willis Towers Watson Public Limited has a 1 year low of $252.22 and a 1 year high of $344.14. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $3.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.27 by ($0.14). The company had revenue of $2.22 billion for the quarter, compared to analysts' expectations of $2.29 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm's quarterly revenue was down 5.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.13 EPS. Analysts predict that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Monday, June 30th. Willis Towers Watson Public's payout ratio is -736.00%.

Willis Towers Watson Public Company 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.