Robeco Institutional Asset Management B.V. Sells 3,133 Shares of Willis Towers Watson Public Limited Company $WTW

Robeco Institutional Asset Management B.V. cut its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 65.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,647 shares of the company’s stock after selling 3,133 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Willis Towers Watson Public were worth $541,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Alpine Bank Wealth Management bought a new stake in Willis Towers Watson Public during the 3rd quarter worth $25,000. Bartlett & CO. Wealth Management LLC raised its position in Willis Towers Watson Public by 375.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock valued at $25,000 after purchasing an additional 60 shares during the last quarter. SOA Wealth Advisors LLC. boosted its stake in shares of Willis Towers Watson Public by 8,200.0% during the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock valued at $29,000 after purchasing an additional 82 shares in the last quarter. Raiffeisen Bank International AG acquired a new stake in shares of Willis Towers Watson Public during the third quarter valued at about $31,000. Finally, Quent Capital LLC bought a new stake in shares of Willis Towers Watson Public during the third quarter worth about $34,000. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $297.64 on Friday. The business’s 50 day simple moving average is $292.23 and its 200 day simple moving average is $315.11. Willis Towers Watson Public Limited Company has a one year low of $273.59 and a one year high of $352.79. The stock has a market capitalization of $28.04 billion, a PE ratio of 18.17, a PEG ratio of 1.30 and a beta of 0.62. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.21 and a quick ratio of 2.21.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.93 by $0.19. The firm had revenue of $2.94 billion during the quarter, compared to analyst estimates of $2.87 billion. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The company’s revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the business earned $8.13 EPS. As a group, research analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a dividend yield of 1.3%. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.92. The ex-dividend date was Tuesday, March 31st. Willis Towers Watson Public’s dividend payout ratio is currently 23.44%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on WTW shares. Keefe, Bruyette & Woods lowered their price objective on Willis Towers Watson Public from $388.00 to $384.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. Bank of America reduced their target price on shares of Willis Towers Watson Public from $354.00 to $347.00 and set a “neutral” rating on the stock in a report on Tuesday. Wall Street Zen cut shares of Willis Towers Watson Public from a “hold” rating to a “sell” rating in a research report on Saturday, April 11th. Wells Fargo & Company dropped their price target on shares of Willis Towers Watson Public from $379.00 to $351.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Finally, Barclays cut their price target on shares of Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and an average target price of $366.29.

Willis Towers Watson Public Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.