Willis Towers Watson Public Limited Company $WTW Position Reduced by Leeward Investments LLC MA

Leeward Investments LLC MA cut its position in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 5.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 35,910 shares of the company’s stock after selling 2,099 shares during the period. Leeward Investments LLC MA’s holdings in Willis Towers Watson Public were worth $11,800,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Natixis Advisors LLC lifted its position in shares of Willis Towers Watson Public by 7.5% in the third quarter. Natixis Advisors LLC now owns 179,771 shares of the company’s stock worth $62,102,000 after purchasing an additional 12,575 shares in the last quarter. Heartland Advisors Inc. lifted its position in shares of Willis Towers Watson Public by 25.4% in the third quarter. Heartland Advisors Inc. now owns 23,959 shares of the company’s stock worth $8,277,000 after purchasing an additional 4,859 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Willis Towers Watson Public by 1.8% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 196,833 shares of the company’s stock worth $67,996,000 after purchasing an additional 3,454 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Willis Towers Watson Public by 3.0% in the third quarter. Legal & General Group Plc now owns 679,513 shares of the company’s stock worth $234,738,000 after purchasing an additional 19,515 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Willis Towers Watson Public by 512.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 43,903 shares of the company’s stock worth $14,757,000 after purchasing an additional 36,738 shares in the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Willis Towers Watson Public

In other news, insider Lucy Clarke purchased 1,896 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were bought at an average price of $263.37 per share, with a total value of $499,349.52. Following the completion of the transaction, the insider directly owned 22,717 shares in the company, valued at $5,982,976.29. This trade represents a 9.11% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

WTW has been the subject of a number of research analyst reports. BMO Capital Markets raised shares of Willis Towers Watson Public from a “market perform” rating to an “outperform” rating and reduced their price target for the stock from $347.00 to $300.00 in a research report on Friday, May 1st. Piper Sandler reduced their price target on shares of Willis Towers Watson Public from $341.00 to $283.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Wall Street Zen raised shares of Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Cantor Fitzgerald reduced their price target on shares of Willis Towers Watson Public from $363.00 to $354.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Finally, Truist Financial raised shares of Willis Towers Watson Public to a “strong-buy” rating in a research report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $351.73.

Willis Towers Watson Public Price Performance

Shares of WTW opened at $247.64 on Friday. The firm has a market cap of $23.39 billion, a PE ratio of 14.44, a PEG ratio of 1.07 and a beta of 0.45. The firm’s 50 day moving average price is $284.02 and its 200 day moving average price is $306.71. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.92 and a current ratio of 2.92. Willis Towers Watson Public Limited Company has a twelve month low of $240.61 and a twelve month high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Friday, May 1st. The company reported $3.72 earnings per share for the quarter, beating the consensus estimate of $3.65 by $0.07. The firm had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.41 billion. Willis Towers Watson Public had a net margin of 16.84% and a return on equity of 21.52%. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the firm earned $3.13 earnings per share. As a group, research analysts expect that Willis Towers Watson Public Limited Company will post 19.5 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $0.96 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.92. This represents a $3.84 annualized dividend and a yield of 1.6%. Willis Towers Watson Public’s payout ratio is 22.39%.

Willis Towers Watson Public Company 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.