Impax Asset Management Group plc Sells 2,197 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Impax Asset Management Group plc lowered its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 8.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,867 shares of the company’s stock after selling 2,197 shares during the period. Impax Asset Management Group plc’s holdings in Willis Towers Watson Public were worth $7,476,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of Willis Towers Watson Public by 86.6% in the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 29,088 shares of the company’s stock worth $9,112,000 after purchasing an additional 13,500 shares in the last quarter. Howard Capital Management Inc. purchased a new stake in shares of Willis Towers Watson Public during the fourth quarter valued at $202,000. Paradigm Asset Management Co. LLC increased its holdings in Willis Towers Watson Public by 120.0% in the 4th quarter. Paradigm Asset Management Co. LLC now owns 5,500 shares of the company’s stock worth $1,723,000 after buying an additional 3,000 shares in the last quarter. Concurrent Investment Advisors LLC raised its position in Willis Towers Watson Public by 4.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 1,117 shares of the company’s stock worth $350,000 after buying an additional 50 shares during the last quarter. Finally, Handelsbanken Fonder AB lifted its stake in Willis Towers Watson Public by 60.5% during the 4th quarter. Handelsbanken Fonder AB now owns 31,251 shares of the company’s stock valued at $9,789,000 after acquiring an additional 11,784 shares during the period. Institutional investors own 93.09% of the company’s stock.

Analysts Set New Price Targets

WTW has been the subject of several research reports. Raymond James raised 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. Wells Fargo & Company cut their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price target for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Barclays lifted their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Finally, Keefe, Bruyette & Woods increased their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $342.08.

Willis Towers Watson Public Trading Up 0.7 %

Shares of NASDAQ:WTW opened at $328.20 on Tuesday. The stock has a 50 day moving average of $318.60 and a 200 day moving average of $305.37. The company has a market cap of $33.06 billion, a PE ratio of -328.20, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74. 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 Limited has a 12-month low of $245.04 and a 12-month high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm’s revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the company posted $7.44 EPS. As a group, equities research analysts expect that Willis Towers Watson Public Limited will post 17.32 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.92 per share. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.12%. Willis Towers Watson Public’s payout ratio is -352.00%.

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.