Brandywine Global Investment Management LLC Has $100.45 Million Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Brandywine Global Investment Management LLC lessened its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 320,690 shares of the company’s stock after selling 15,353 shares during the period. Brandywine Global Investment Management LLC’s holdings in Willis Towers Watson Public were worth $100,453,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Y.D. More Investments Ltd raised its position in shares of Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after acquiring an additional 69 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Willis Towers Watson Public in the fourth quarter worth approximately $49,000. Versant Capital Management Inc increased its holdings in Willis Towers Watson Public by 95.5% in the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after purchasing an additional 85 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of Willis Towers Watson Public during the 4th quarter worth approximately $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Willis Towers Watson Public during the 4th quarter worth approximately $76,000. 93.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

WTW has been the topic of several research analyst reports. Wells Fargo & Company cut their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. Keefe, Bruyette & Woods raised their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their target price for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Truist Financial reiterated a “buy” rating and issued a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Finally, Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the company from $365.00 to $400.00 in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and an average price target of $346.15.

Insider Buying and Selling at Willis Towers Watson Public

In related 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 sale, the insider now directly owns 74,417 shares in the company, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.22% of the company’s stock.

Willis Towers Watson Public Stock Down 1.1 %

WTW opened at $337.16 on Friday. The firm has a market capitalization of $33.61 billion, a P/E ratio of -337.16, a PEG ratio of 2.95 and a beta of 0.71. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $344.14. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.98 and a quick ratio of 1.72. The company’s 50-day moving average is $328.33 and its 200 day moving average is $313.49.

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

Willis Towers Watson Public Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.92 dividend. 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 yield of 1.09%. The ex-dividend date of this dividend is Monday, March 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -368.00%.

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.