Brandywine Global Investment Management LLC Sells 19,145 Shares of Willis Towers Watson Public Limited Company $WTW

Key Points

• Brandywine Global Investment Management LLC reduced its stake in Willis Towers Watson Public Limited Company by 6.0%, now owning approximately 301,545 shares valued at $101.9 million.
• Several institutional investors, including T. Rowe Price and GAMMA Investing LLC, significantly increased their stakes in Willis Towers Watson, indicating strong interest in the stock.
• Willis Towers Watson reported earnings of $2.86 per share for the last quarter, surpassing analysts' expectations, while its revenue slightly decreased compared to the prior year.

Brandywine Global Investment Management LLC decreased its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 6.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 301,545 shares of the company's stock after selling 19,145 shares during the quarter. Brandywine Global Investment Management LLC owned approximately 0.30% of Willis Towers Watson Public worth $101,907,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Dynamic Advisor Solutions LLC raised its stake in shares of Willis Towers Watson Public by 1.8% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 2,018 shares of the company's stock valued at $682,000 after buying an additional 35 shares in the last quarter. Vident Advisory LLC raised its stake in shares of Willis Towers Watson Public by 2.8% in the 4th quarter. Vident Advisory LLC now owns 1,405 shares of the company's stock valued at $440,000 after buying an additional 38 shares in the last quarter. Brighton Jones LLC raised its stake in shares of Willis Towers Watson Public by 2.9% in the 1st quarter. Brighton Jones LLC now owns 1,408 shares of the company's stock valued at $476,000 after buying an additional 40 shares in the last quarter. Mather Group LLC. raised its stake in shares of Willis Towers Watson Public by 6.2% in the 1st quarter. Mather Group LLC. now owns 718 shares of the company's stock valued at $243,000 after buying an additional 42 shares in the last quarter. Finally, Forum Financial Management LP raised 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 buying an additional 44 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on WTW shares. Citigroup started coverage on shares of Willis Towers Watson Public in a research note on Wednesday, August 13th. They issued a "neutral" rating and a $351.00 price objective for the company. Keefe, Bruyette & Woods dropped their price objective on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. Wells Fargo & Company dropped their target price on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating for the company in a research report on Thursday, July 10th. Morgan Stanley increased their target price on shares of Willis Towers Watson Public from $335.00 to $345.00 and gave the stock an "equal weight" rating in a research report on Monday. Finally, Cantor Fitzgerald began coverage on shares of Willis Towers Watson Public in a research report on Wednesday, August 13th. They set a "neutral" rating and a $355.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of "Moderate Buy" and a consensus target price of $362.92.

Insider Transactions at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of the company's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total transaction of $505,200.00. Following the sale, the chief financial officer directly owned 11,982 shares of the company's stock, valued at approximately $3,783,316.50. This represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.32% of the company's stock.

Willis Towers Watson Public Stock Up 0.1%

Shares of WTW stock traded up $0.25 during trading on Wednesday, reaching $335.72. The company's stock had a trading volume of 407,159 shares, compared to its average volume of 707,063. The business has a fifty day moving average price of $311.38 and a 200-day moving average price of $316.86. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.58. The company has a market cap of $32.75 billion, a price-to-earnings ratio of 229.95, a price-to-earnings-growth ratio of 2.67 and a beta of 0.67. Willis Towers Watson Public Limited Company has a one year low of $280.86 and a one year high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $2.86 EPS for the quarter, topping analysts' consensus estimates of $2.65 by $0.21. The business had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.23 billion. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. The firm's revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.55 earnings per share. Analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current year.

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.