Russell Investments Group Ltd. Sells 24,724 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Russell Investments Group Ltd. cut its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 9.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 241,479 shares of the company's stock after selling 24,724 shares during the period. Russell Investments Group Ltd. owned about 0.23% of Willis Towers Watson Public worth $58,227,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA raised its stake in Willis Towers Watson Public by 1.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 9,946,805 shares of the company's stock worth $2,078,484,000 after acquiring an additional 98,719 shares during the period. First Eagle Investment Management LLC boosted its holdings in shares of Willis Towers Watson Public by 9.0% in the third 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. Invesco Ltd. raised its stake in shares of Willis Towers Watson Public by 1.3% in the 3rd quarter. Invesco Ltd. now owns 2,021,602 shares of the company's stock worth $422,434,000 after buying an additional 25,794 shares in the last quarter. Baupost Group LLC MA raised 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 worth $325,072,000 after purchasing an additional 653,300 shares in the last quarter. Finally, Northern Trust Corp boosted its position in shares of Willis Towers Watson Public by 2.2% in the 3rd quarter. Northern Trust Corp now owns 1,197,977 shares of the company's stock valued at $250,329,000 after purchasing an additional 25,522 shares during the period. Hedge funds and other institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Stock Performance

WTW stock traded up $1.48 on Monday, reaching $252.43. 469,370 shares of the company were exchanged, compared to its average volume of 468,678. 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 Limited has a 12 month low of $195.29 and a 12 month high of $278.86. The stock's fifty day moving average price is $269.96 and its 200 day moving average price is $251.68. The firm has a market capitalization of $25.81 billion, a PE ratio of 25.27, a PEG ratio of 1.44 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.21 by $0.08. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.37 billion. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The company's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.84 earnings per share. On average, research analysts anticipate that Willis Towers Watson Public Limited will post 16.27 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were paid a $0.88 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $3.52 dividend on an annualized basis and a yield of 1.39%. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.84. Willis Towers Watson Public's payout ratio is presently 35.31%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. TD Cowen assumed coverage on shares of Willis Towers Watson Public in a research report on Wednesday, January 10th. They issued an "outperform" rating and a $316.00 price target for the company. Morgan Stanley lifted their target price on shares of Willis Towers Watson Public from $248.00 to $270.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 7th. Stifel Nicolaus upped their price objective on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a "hold" rating in a report on Wednesday, February 7th. Piper Sandler raised their target price on Willis Towers Watson Public from $297.00 to $303.00 and gave the company an "overweight" rating in a report on Friday. Finally, Truist Financial increased their price objective on Willis Towers Watson Public from $275.00 to $310.00 and gave the company a "buy" rating in a report on Wednesday, February 7th. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $293.21.

Insiders Place Their Bets

In related 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 completion of the sale, the chief financial officer now owns 4,170 shares in the company, valued at approximately $1,134,782.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.22% of the company's stock.

Willis Towers Watson Public 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.