Fjarde AP Fonden Fourth Swedish National Pension Fund Has $10.61 Million Position in Willis Towers Watson Public Limited Company $WTW

Key Points

• The Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in Willis Towers Watson Public Limited Company by 7.9% during the first quarter, now owning 31,388 shares valued at approximately $10.6 million.
• Institutional investors collectively own 93.09% of Willis Towers Watson's stock, indicating strong institutional confidence in the company.
• Despite a mixed analyst outlook with target price reductions, the stock has a consensus rating of Moderate Buy and an estimated target price of $364.55.

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 7.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,388 shares of the company's stock after purchasing an additional 2,300 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Willis Towers Watson Public were worth $10,608,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WTW. T. Rowe Price Investment Management Inc. increased its holdings in Willis Towers Watson Public by 77.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,788,542 shares of the company's stock valued at $873,483,000 after purchasing an additional 1,217,714 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Willis Towers Watson Public by 40,489.4% in the 1st quarter. GAMMA Investing LLC now owns 1,007,429 shares of the company's stock valued at $340,461,000 after buying an additional 1,004,947 shares during the period. Janus Henderson Group PLC increased its stake in shares of Willis Towers Watson Public by 6,286.4% in the 4th quarter. Janus Henderson Group PLC now owns 862,869 shares of the company's stock valued at $270,284,000 after buying an additional 849,358 shares during the period. Nuveen LLC acquired a new stake in shares of Willis Towers Watson Public in the 1st quarter valued at $195,043,000. Finally, Polen Capital Management LLC increased its stake in shares of Willis Towers Watson Public by 185.1% in the 1st quarter. Polen Capital Management LLC now owns 366,539 shares of the company's stock valued at $123,872,000 after buying an additional 237,953 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WTW has been the subject of several research reports. Barclays lowered their target price on Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating for the company in a research note on Monday, July 7th. Wells Fargo & Company reduced their price target on Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating on the stock in a research report on Thursday, July 10th. Morgan Stanley raised their price target on Willis Towers Watson Public from $335.00 to $345.00 and gave the stock an "equal weight" rating in a research report on Monday. Cantor Fitzgerald initiated coverage on Willis Towers Watson Public in a research report on Wednesday, August 13th. They issued a "neutral" rating and a $355.00 price target on the stock. Finally, Keefe, Bruyette & Woods reduced their price target on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $362.92.

Insider Activity

In other news, CFO Andrew Jay Krasner sold 1,600 shares of the business's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $315.75, for a total transaction of $505,200.00. Following the completion of the sale, the chief financial officer owned 11,982 shares in the company, valued at $3,783,316.50. The trade was a 11.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.32% of the stock is currently owned by corporate insiders.

Willis Towers Watson Public Stock Performance

NASDAQ WTW traded up $4.2950 during trading on Tuesday, reaching $333.8850. 189,617 shares of the company's stock were exchanged, compared to its average volume of 654,416. Willis Towers Watson Public Limited Company has a fifty-two week low of $280.37 and a fifty-two week high of $344.14. The stock has a market capitalization of $32.57 billion, a P/E ratio of 228.56, a PEG ratio of 2.63 and a beta of 0.67. The business has a 50 day moving average price of $309.81 and a 200-day moving average price of $316.60. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.90 and a quick ratio of 1.90.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $2.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.65 by $0.21. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The company had revenue of $2.26 billion during the quarter, compared to analysts' expectations of $2.23 billion. During the same quarter in the previous year, the company posted $2.55 earnings per share. The business's revenue was down .2% on a year-over-year basis. Sell-side analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

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.