MetLife Investment Management LLC Buys 241 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

MetLife Investment Management LLC boosted its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,660 shares of the company’s stock after acquiring an additional 241 shares during the quarter. MetLife Investment Management LLC’s holdings in Willis Towers Watson Public were worth $8,351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of WTW. Norinchukin Bank The boosted its holdings in shares of Willis Towers Watson Public by 5.5% during the fourth quarter. Norinchukin Bank The now owns 4,301 shares of the company’s stock worth $1,347,000 after purchasing an additional 226 shares during the period. Ossiam raised its holdings in Willis Towers Watson Public by 10.0% in the 4th quarter. Ossiam now owns 6,974 shares of the company’s stock worth $2,185,000 after purchasing an additional 633 shares in the last quarter. First Trust Advisors LP lifted its holdings in Willis Towers Watson Public by 337.8% in the fourth quarter. First Trust Advisors LP now owns 10,766 shares of the company’s stock worth $3,372,000 after buying an additional 8,307 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Willis Towers Watson Public by 14.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 831,925 shares of the company’s stock worth $260,594,000 after acquiring an additional 101,933 shares in the last quarter. Finally, Forum Financial Management LP lifted its stake in shares of Willis Towers Watson Public by 3.8% in the 4th quarter. Forum Financial Management LP now owns 1,197 shares of the company’s stock valued at $375,000 after purchasing an additional 44 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the business’s stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $335.77, for a total value of $1,136,245.68. Following the transaction, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.32% of the stock is owned by company insiders.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $315.76 on Tuesday. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $31.48 billion, a P/E ratio of -315.76, a PEG ratio of 2.95 and a beta of 0.68. The company has a 50-day moving average price of $326.97 and a 200-day moving average price of $317.07. Willis Towers Watson Public Limited has a 52 week low of $245.04 and a 52 week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, topping the consensus estimate of $8.01 by $0.12. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The company’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period last year, the firm earned $7.44 earnings per share. Equities research analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a dividend of $0.92 per share. The ex-dividend date of this dividend was Monday, March 31st. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.17%. Willis Towers Watson Public’s payout ratio is -368.00%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on WTW shares. Barclays lifted their price target on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the company an “underweight” rating in a research report on Friday, April 11th. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $387.00 price objective on shares of Willis Towers Watson Public in a research note on Wednesday, April 9th. Wells Fargo & Company decreased their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. Finally, UBS Group upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and increased their price target for the company from $344.00 to $395.00 in a report on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and an average price target of $346.38.

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.