Metis Global Partners LLC Increases Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Metis Global Partners LLC boosted its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 13.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,666 shares of the company’s stock after acquiring an additional 684 shares during the period. Metis Global Partners LLC’s holdings in Willis Towers Watson Public were worth $1,367,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in WTW. Victory Capital Management Inc. boosted its position in Willis Towers Watson Public by 4,811.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,472,707 shares of the company’s stock valued at $355,217,000 after acquiring an additional 1,442,722 shares in the last quarter. Baupost Group LLC MA boosted its position in Willis Towers Watson Public by 72.4% during the 3rd quarter. Baupost Group LLC MA now owns 1,555,667 shares of the company’s stock valued at $325,072,000 after acquiring an additional 653,300 shares in the last quarter. First Eagle Investment Management LLC boosted its position in Willis Towers Watson Public by 9.0% during the 3rd quarter. First Eagle Investment Management LLC now owns 5,410,018 shares of the company’s stock valued at $1,130,477,000 after acquiring an additional 445,775 shares in the last quarter. Brandes Investment Partners LP boosted its position in Willis Towers Watson Public by 201.3% during the 3rd quarter. Brandes Investment Partners LP now owns 605,519 shares of the company’s stock valued at $126,529,000 after acquiring an additional 404,530 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. boosted its position in Willis Towers Watson Public by 1,532.2% during the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 424,188 shares of the company’s stock valued at $88,638,000 after acquiring an additional 398,200 shares in the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

Shares of WTW opened at $252.96 on Thursday. The firm has a market cap of $25.86 billion, a PE ratio of 25.37, a P/E/G ratio of 1.45 and a beta of 0.75. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.55. The firm has a fifty day simple moving average of $266.27 and a two-hundred day simple moving average of $253.73. Willis Towers Watson Public Limited has a 1-year low of $195.29 and a 1-year high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, April 25th. The company reported $3.29 earnings per share for the quarter, beating analysts’ consensus estimates of $3.21 by $0.08. The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.37 billion. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.84 EPS. On average, equities analysts anticipate that Willis Towers Watson Public Limited will post 16.27 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were paid a dividend of $0.88 per share. The ex-dividend date was Wednesday, March 27th. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. This represents a $3.52 dividend on an annualized basis and a yield of 1.39%. Willis Towers Watson Public’s payout ratio is currently 35.31%.

Wall Street Analysts Forecast Growth

WTW has been the topic of a number of analyst reports. Roth Mkm boosted their price target on Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Keefe, Bruyette & Woods dropped their price target on Willis Towers Watson Public from $317.00 to $311.00 and set an “outperform” rating on the stock in a research report on Monday. Raymond James reissued an “outperform” rating and issued a $315.00 price target (up from $295.00) on shares of Willis Towers Watson Public in a research report on Thursday, March 28th. Piper Sandler boosted their price target on Willis Towers Watson Public from $297.00 to $303.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Finally, Citigroup dropped their price target on Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating on the stock in a research report on Monday, April 29th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $295.54.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $272.13, for a total transaction of $299,343.00. Following the completion of the sale, the chief financial officer now directly owns 4,170 shares in the company, valued at approximately $1,134,782.10. The sale was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.22% of the company’s stock.

Willis Towers Watson Public 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.