Sentry Investment Management LLC Has $120,000 Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Sentry Investment Management LLC cut its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 16.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 456 shares of the company’s stock after selling 93 shares during the period. Sentry Investment Management LLC’s holdings in Willis Towers Watson Public were worth $120,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Victory Capital Management Inc. increased its holdings in Willis Towers Watson Public by 5.2% during the 2nd quarter. Victory Capital Management Inc. now owns 1,991,311 shares of the company’s stock worth $522,002,000 after purchasing an additional 98,922 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Willis Towers Watson Public by 17.8% during the second quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock worth $453,123,000 after buying an additional 261,562 shares in the last quarter. Norges Bank acquired a new stake in Willis Towers Watson Public in the 4th quarter valued at approximately $300,782,000. Dimensional Fund Advisors LP lifted its stake in Willis Towers Watson Public by 3.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 659,964 shares of the company’s stock valued at $159,177,000 after acquiring an additional 23,805 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its position in Willis Towers Watson Public by 53.0% during the 2nd quarter. Acadian Asset Management LLC now owns 638,535 shares of the company’s stock worth $167,352,000 after acquiring an additional 221,108 shares during the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Price Performance

NASDAQ:WTW opened at $289.64 on Friday. The company has a market cap of $29.61 billion, a P/E ratio of 29.05, a P/E/G ratio of 1.51 and a beta of 0.74. The firm’s fifty day moving average price is $278.36 and its two-hundred day moving average price is $267.92. Willis Towers Watson Public Limited has a one year low of $201.41 and a one year high of $296.45. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.94 and a quick ratio of 1.94.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, July 25th. The company reported $2.55 EPS for the quarter, beating analysts’ consensus estimates of $2.28 by $0.27. The business had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.27 billion. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. Willis Towers Watson Public’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.05 EPS. Equities analysts expect that Willis Towers Watson Public Limited will post 16.51 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a dividend of $0.88 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $3.52 annualized dividend and a yield of 1.22%. Willis Towers Watson Public’s payout ratio is currently 35.31%.

Analyst Ratings Changes

WTW has been the topic of a number of recent research reports. Barclays began coverage on shares of Willis Towers Watson Public in a report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price objective on the stock. Truist Financial increased their price objective on shares of Willis Towers Watson Public from $310.00 to $335.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Roth Mkm lifted their target price on Willis Towers Watson Public from $300.00 to $315.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Wells Fargo & Company increased their price target on Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a research report on Friday, July 26th. Finally, Bank of America raised Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $272.00 to $304.00 in a research report on Wednesday, May 22nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $298.73.

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.