Arrowstreet Capital Limited Partnership Has $4.85 Million Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Arrowstreet Capital Limited Partnership reduced its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 52.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 15,490 shares of the company's stock after selling 17,214 shares during the quarter. Arrowstreet Capital Limited Partnership's holdings in Willis Towers Watson Public were worth $4,852,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in Willis Towers Watson Public by 24.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company's stock worth $55,156,000 after acquiring an additional 37,340 shares during the last quarter. Everence Capital Management Inc. acquired a new stake in Willis Towers Watson Public in the fourth quarter worth $993,000. Sanctuary Advisors LLC boosted its position in shares of Willis Towers Watson Public by 2.7% during the fourth quarter. Sanctuary Advisors LLC now owns 4,135 shares of the company's stock worth $1,364,000 after purchasing an additional 109 shares in the last quarter. Janus Henderson Group PLC grew its holdings in shares of Willis Towers Watson Public by 18.4% in the 3rd quarter. Janus Henderson Group PLC now owns 13,511 shares of the company's stock valued at $3,978,000 after buying an additional 2,100 shares during the period. Finally, Nomura Asset Management Co. Ltd. increased its position in shares of Willis Towers Watson Public by 5.7% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 30,835 shares of the company's stock valued at $9,082,000 after buying an additional 1,660 shares in the last quarter. 93.09% of the stock is owned by institutional investors.

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Insider Buying and Selling

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the sale, the insider now directly owns 74,417 shares of the company's stock, valued at approximately $24,986,996.09. This trade represents a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.22% of the stock is currently owned by insiders.

Willis Towers Watson Public Stock Performance

NASDAQ:WTW traded up $5.10 on Friday, hitting $321.74. The company's stock had a trading volume of 605,388 shares, compared to its average volume of 560,938. Willis Towers Watson Public Limited has a one year low of $245.04 and a one year high of $344.14. The firm has a market capitalization of $32.08 billion, a P/E ratio of -321.74, a price-to-earnings-growth ratio of 2.95 and a beta of 0.68. The stock has a fifty day moving average of $326.95 and a two-hundred day moving average of $315.69. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66.

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

Willis Towers Watson Public Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.88. Willis Towers Watson Public's dividend payout ratio (DPR) is currently -368.00%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on WTW shares. Barclays increased their price objective on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a research report on Friday. Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and increased their target price for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. Jefferies Financial Group lowered their price target on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating on the stock in a research note on Friday. UBS Group raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. Finally, Keefe, Bruyette & Woods restated an "outperform" rating and issued a $387.00 price objective on shares of Willis Towers Watson Public in a report on Wednesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $346.38.

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.