MetLife Investment Management LLC Lowers Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

MetLife Investment Management LLC cut its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 3.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 26,419 shares of the company’s stock after selling 849 shares during the quarter. MetLife Investment Management LLC’s holdings in Willis Towers Watson Public were worth $7,781,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Swedbank AB purchased a new position in shares of Willis Towers Watson Public in the 1st quarter worth approximately $4,512,000. Diversified Trust Co boosted its position in Willis Towers Watson Public by 38.4% in the second quarter. Diversified Trust Co now owns 6,716 shares of the company’s stock worth $1,761,000 after purchasing an additional 1,863 shares during the last quarter. AMF Tjanstepension AB grew its stake in Willis Towers Watson Public by 6.6% in the 2nd quarter. AMF Tjanstepension AB now owns 44,115 shares of the company’s stock valued at $11,564,000 after purchasing an additional 2,744 shares during the period. OneDigital Investment Advisors LLC increased its position in shares of Willis Towers Watson Public by 71.7% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock valued at $1,957,000 after purchasing an additional 2,775 shares during the last quarter. Finally, Intech Investment Management LLC raised its stake in shares of Willis Towers Watson Public by 28.3% during the 3rd quarter. Intech Investment Management LLC now owns 104,414 shares of the company’s stock worth $30,753,000 after purchasing an additional 23,001 shares during the period. 93.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

WTW has been the subject of several research reports. Roth Mkm increased their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Keefe, Bruyette & Woods lifted their price target on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. Jefferies Financial Group increased their price objective 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. Truist Financial boosted their target price on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Finally, UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $313.87.

Willis Towers Watson Public Stock Up 0.4 %

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 quick ratio of 1.72 and a current ratio of 1.72. Willis Towers Watson Public Limited has a 12 month low of $234.01 and a 12 month high of $322.88.

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

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.