Trade Report: Today, Sei Investments Co. invests in Willis Towers Watson PLC (WLTW) Shares

Today, Sei Investments Co. invests in Willis Towers Watson PLC (WLTW) Shares

Sei Investments Co. increased its position in Willis Towers Watson PLC (NASDAQ:WLTW) by 13.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 203,174 shares of the company’s stock after buying an additional 24,354 shares during the period. Sei Investments Co. owned approximately 0.15% of Willis Towers Watson PLC worth $26,975,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. TIAA CREF Investment Management LLC acquired a new stake in Willis Towers Watson PLC during the first quarter valued at approximately $2,973,000. Renaissance Technologies LLC acquired a new stake in Willis Towers Watson PLC during the first quarter valued at approximately $14,961,000. Envestnet Asset Management Inc. acquired a new stake in Willis Towers Watson PLC during the first quarter valued at approximately $2,052,000. Jacobs Levy Equity Management Inc. acquired a new stake in Willis Towers Watson PLC during the first quarter valued at approximately $273,000. Finally, Arizona State Retirement System acquired a new stake in Willis Towers Watson PLC during the first quarter valued at approximately $5,728,000. 90.17% of the stock is owned by institutional investors.

Shares of Willis Towers Watson PLC (NASDAQ:WLTW) traded down 0.02% on Friday, hitting $124.54. 89,996 shares of the stock traded hands. Willis Towers Watson PLC has a 52 week low of $104.11 and a 52 week high of $133.40. The firm has a market capitalization of $17.03 billion, a PE ratio of 59.45 and a beta of 0.80. The firm’s 50 day moving average is $125.37 and its 200 day moving average is $125.01.

Willis Towers Watson PLC (NASDAQ:WLTW) last released its quarterly earnings data on Friday, November 4th. The company reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.06 by $0.02. Willis Towers Watson PLC had a return on equity of 10.23% and a net margin of 3.66%. The firm had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same period in the previous year, the business earned $0.56 EPS. The firm’s revenue was up 1.6% compared to the same quarter last year. On average, analysts expect that Willis Towers Watson PLC will post $7.69 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 17th. Investors of record on Saturday, December 31st will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend is Wednesday, December 28th. Willis Towers Watson PLC’s payout ratio is 114.29%.

Several analysts recently commented on WLTW shares. Citigroup Inc. increased their target price on shares of Willis Towers Watson PLC from $151.00 to $154.00 and gave the company a “buy” rating in a research note on Tuesday, October 11th. Jefferies Group set a $150.00 target price on shares of Willis Towers Watson PLC and gave the company a “buy” rating in a research note on Saturday, October 1st. Keefe, Bruyette & Woods set a $142.00 target price on shares of Willis Towers Watson PLC and gave the company a “buy” rating in a research note on Saturday, October 1st. Goldman Sachs Group Inc. raised shares of Willis Towers Watson PLC from a “neutral” rating to a “buy” rating in a research note on Tuesday, November 15th. Finally, Credit Suisse Group AG set a $108.00 target price on shares of Willis Towers Watson PLC and gave the company a “hold” rating in a research note on Monday, September 12th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $127.64.

In related news, General Counsel Matthew Furman sold 387 shares of Willis Towers Watson PLC stock in a transaction that occurred on Wednesday, November 9th. The shares were sold at an average price of $117.18, for a total transaction of $45,348.66. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Joseph Gunn sold 446 shares of Willis Towers Watson PLC stock in a transaction that occurred on Wednesday, November 9th. The stock was sold at an average price of $117.18, for a total transaction of $52,262.28. The disclosure for this sale can be found here. Corporate insiders own 6.40% of the company’s stock.

Willis Towers Watson PLC Company Profile

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