River Global Investors LLP Has $6.07 Million Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

River Global Investors LLP lessened its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 8.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,141 shares of the company’s stock after selling 2,370 shares during the quarter. Willis Towers Watson Public accounts for approximately 1.1% of River Global Investors LLP’s holdings, making the stock its 17th largest holding. River Global Investors LLP’s holdings in Willis Towers Watson Public were worth $6,065,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Victory Capital Management Inc. raised its stake in shares of Willis Towers Watson Public by 4,811.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,472,707 shares of the company’s stock valued at $355,217,000 after purchasing an additional 1,442,722 shares during the period. Baupost Group LLC MA grew its holdings in shares of Willis Towers Watson Public by 72.4% in 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 grew its holdings in shares of Willis Towers Watson Public by 9.0% in 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 grew its holdings in shares of Willis Towers Watson Public by 201.3% in 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. grew its holdings in shares of Willis Towers Watson Public by 1,532.2% in 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. Institutional investors and hedge funds own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on WTW. TD Cowen began coverage on Willis Towers Watson Public in a research report on Wednesday, January 10th. They set an “outperform” rating and a $316.00 price target on the stock. BMO Capital Markets raised Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and upped their target price for the company from $236.00 to $298.00 in a research report on Monday, February 12th. Piper Sandler upped their target price on Willis Towers Watson Public from $297.00 to $303.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Roth Mkm boosted their price target on Willis Towers Watson Public from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Finally, Wells Fargo & Company cut their price target on Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating for the company in a research note on Thursday, April 11th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $296.00.

Willis Towers Watson Public Trading Down 0.2 %

NASDAQ WTW traded down $0.50 on Friday, reaching $251.99. The company had a trading volume of 364,015 shares, compared to its average volume of 488,147. The firm has a market cap of $25.76 billion, a price-to-earnings ratio of 25.27, a P/E/G ratio of 1.44 and a beta of 0.75. Willis Towers Watson Public Limited has a fifty-two week low of $195.29 and a fifty-two week high of $278.86. The business has a 50 day moving average of $267.55 and a two-hundred day moving average of $252.52. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 1.89.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data 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. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.37 billion. During the same period in the prior year, the business posted $2.84 earnings per share. Willis Towers Watson Public’s quarterly revenue was up 4.3% on a year-over-year basis. Analysts forecast that Willis Towers Watson Public Limited will post 16.27 EPS for the current year.

Willis Towers Watson Public Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were issued a dividend of $0.88 per share. This is an increase 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 1.40%. The ex-dividend date was Wednesday, March 27th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 35.31%.

Insiders Place Their Bets

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $272.13, for a total transaction of $299,343.00. Following the transaction, the chief financial officer now owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.22% of the company’s stock.

About Willis Towers Watson Public

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.