Nordea Investment Management AB Has $5.44 Million Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Nordea Investment Management AB decreased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 50.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,411 shares of the company’s stock after selling 17,900 shares during the quarter. Nordea Investment Management AB’s holdings in Willis Towers Watson Public were worth $5,443,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new stake in shares of Willis Towers Watson Public during the 3rd quarter worth approximately $27,000. Ashton Thomas Securities LLC acquired a new position in Willis Towers Watson Public during the third quarter valued at approximately $41,000. Versant Capital Management Inc grew its holdings in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after purchasing an additional 85 shares during the period. Farther Finance Advisors LLC grew its holdings in Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after purchasing an additional 43 shares during the period. Finally, Brooklyn Investment Group acquired a new position in Willis Towers Watson Public during the third quarter valued at approximately $164,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analyst Ratings Changes

WTW has been the subject of a number of analyst reports. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Keefe, Bruyette & Woods boosted their price objective on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday. Roth Mkm boosted their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Barclays boosted their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Finally, Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and lifted their price target for the company from $352.00 to $382.00 in a research note on Friday, December 20th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $333.29.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $312.92 on Friday. Willis Towers Watson Public Limited has a 12 month low of $242.54 and a 12 month high of $334.99. The firm has a fifty day simple moving average of $314.60 and a 200 day simple moving average of $293.52. The stock has a market capitalization of $31.52 billion, a price-to-earnings ratio of -42.98, a PEG ratio of 1.83 and a beta of 0.74. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the prior year, the company posted $2.24 earnings per share. The firm’s revenue was up 5.7% on a year-over-year basis. Research analysts forecast that Willis Towers Watson Public Limited will post 16.75 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.12%. The ex-dividend date is Tuesday, December 31st. Willis Towers Watson Public’s payout ratio is -48.35%.

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.