Grantham Mayo Van Otterloo & Co. LLC Invests $18.15 Million in Willis Towers Watson Public Limited (NASDAQ:WTW)

Grantham Mayo Van Otterloo & Co. LLC purchased a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTWGet Rating) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 91,949 shares of the company’s stock, valued at approximately $18,150,000. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.08% of Willis Towers Watson Public at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Artisan Partners Limited Partnership purchased a new stake in shares of Willis Towers Watson Public during the 2nd quarter worth about $1,218,626,000. Public Sector Pension Investment Board purchased a new stake in shares of Willis Towers Watson Public during the 2nd quarter worth about $9,460,000. Edgestream Partners L.P. acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter valued at about $2,615,000. BNP Paribas Arbitrage SA acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter valued at about $25,327,000. Finally, River & Mercantile Asset Management LLP acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter valued at about $8,374,000. 93.25% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Performance

WTW opened at $241.31 on Thursday. The firm has a market capitalization of $26.12 billion, a P/E ratio of 10.53, a price-to-earnings-growth ratio of 1.10 and a beta of 0.74. The stock’s 50 day moving average price is $215.04 and its two-hundred day moving average price is $208.51. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.45. Willis Towers Watson Public Limited has a 12-month low of $187.89 and a 12-month high of $244.73.

Willis Towers Watson Public (NASDAQ:WTWGet Rating) last released its earnings results on Thursday, October 27th. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.13 by $0.07. Willis Towers Watson Public had a return on equity of 13.67% and a net margin of 31.90%. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter last year, the firm posted $1.73 EPS. The company’s revenue was down 1.0% on a year-over-year basis. On average, equities analysts forecast that Willis Towers Watson Public Limited will post 13.54 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 17th. Shareholders of record on Friday, September 30th were given a $0.82 dividend. The ex-dividend date was Thursday, September 29th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.36%. Willis Towers Watson Public’s dividend payout ratio is currently 14.32%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on WTW shares. TheStreet lowered Willis Towers Watson Public from a “b” rating to a “c+” rating in a report on Thursday, October 27th. Piper Sandler raised Willis Towers Watson Public from a “neutral” rating to an “overweight” rating and set a $250.00 price objective on the stock in a report on Thursday, October 13th. Credit Suisse Group started coverage on Willis Towers Watson Public in a report on Monday, September 26th. They set an “outperform” rating on the stock. Wells Fargo & Company lowered their price objective on Willis Towers Watson Public from $220.00 to $218.00 and set an “equal weight” rating on the stock in a report on Friday, October 28th. Finally, StockNews.com initiated coverage on Willis Towers Watson Public in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Hold” and a consensus target price of $230.60.

Insiders Place Their Bets

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,030 shares of the firm’s stock in a transaction that occurred on Wednesday, September 7th. The stock was sold at an average price of $210.26, for a total value of $216,567.80. Following the completion of the sale, the chief financial officer now owns 2,178 shares in the company, valued at approximately $457,946.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CFO Andrew Jay Krasner sold 1,030 shares of the firm’s stock in a transaction that occurred on Wednesday, September 7th. The stock was sold at an average price of $210.26, for a total transaction of $216,567.80. Following the completion of the transaction, the chief financial officer now owns 2,178 shares in the company, valued at approximately $457,946.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Brendan R. Oneill sold 6,520 shares of the firm’s stock in a transaction that occurred on Wednesday, November 9th. The stock was sold at an average price of $225.50, for a total value of $1,470,260.00. Following the transaction, the director now owns 7,488 shares of the company’s stock, valued at approximately $1,688,544. The disclosure for this sale can be found here. In the last quarter, insiders sold 34,875 shares of company stock worth $7,400,949. 0.83% of the stock is currently owned by company insiders.

Willis Towers Watson Public Company Profile

(Get Rating)

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments, Health, Wealth and Career; and Risk and Broking. The company offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.

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Institutional Ownership by Quarter for Willis Towers Watson Public (NASDAQ:WTW)

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