MetLife Investment Management LLC Sells 849 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

MetLife Investment Management LLC decreased its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 3.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,419 shares of the company’s stock after selling 849 shares during the period. MetLife Investment Management LLC’s holdings in Willis Towers Watson Public were worth $7,781,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mizuho Securities USA LLC lifted its position in Willis Towers Watson Public by 95,880.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after buying an additional 7,561,114 shares during the last quarter. FMR LLC raised its stake in shares of Willis Towers Watson Public by 2.0% during the third quarter. FMR LLC now owns 2,416,455 shares of the company’s stock worth $711,718,000 after acquiring an additional 48,384 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Willis Towers Watson Public by 0.5% in the 3rd quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock worth $589,698,000 after acquiring an additional 10,856 shares during the last quarter. Baupost Group LLC MA boosted its stake in shares of Willis Towers Watson Public by 7.8% in the 3rd quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company’s stock valued at $524,619,000 after purchasing an additional 128,558 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Willis Towers Watson Public by 17.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock valued at $453,123,000 after purchasing an additional 261,562 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

WTW stock opened at $322.00 on Friday. The firm has a 50-day moving average of $301.34 and a 200 day moving average of $281.18. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. Willis Towers Watson Public Limited has a 1 year low of $234.01 and a 1 year high of $322.88.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter last year, the business posted $2.24 EPS. As a group, equities research analysts anticipate that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on WTW. Truist Financial upped their price target on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Jefferies Financial Group increased their target price on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. Keefe, Bruyette & Woods lifted their price target on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 5th. Barclays increased their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Finally, UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $313.87.

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.