Bank of Montreal Can Has $59 Million Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Bank of Montreal Can reduced its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 9.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 201,362 shares of the company's stock after selling 21,403 shares during the period. Bank of Montreal Can owned 0.20% of Willis Towers Watson Public worth $59,002,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WTW. Capital Performance Advisors LLP acquired a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at approximately $27,000. American National Bank bought a new stake in Willis Towers Watson Public during the 2nd quarter worth approximately $36,000. Ashton Thomas Securities LLC bought a new stake in Willis Towers Watson Public during the 3rd quarter worth approximately $41,000. New Millennium Group LLC bought a new stake in Willis Towers Watson Public during the 2nd quarter worth approximately $54,000. Finally, LRI Investments LLC bought a new stake in shares of Willis Towers Watson Public in the 1st quarter valued at $58,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Roth Mkm upped their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, October 2nd. Keefe, Bruyette & Woods increased their target price on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the company an "outperform" rating in a report on Tuesday, November 5th. UBS Group upgraded shares of Willis Towers Watson Public to a "hold" rating in a report on Wednesday, October 9th. Truist Financial lifted their target price on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a "buy" rating in a research note on Wednesday, October 2nd. Finally, Wells Fargo & Company boosted their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a research note on Monday, November 4th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $313.87.

Willis Towers Watson Public Trading Up 1.3 %

WTW traded up $4.21 during mid-day trading on Thursday, hitting $320.86. 1,204,686 shares of the stock were exchanged, compared to its average volume of 754,794. The firm's fifty day moving average is $300.03 and its two-hundred day moving average is $280.43. Willis Towers Watson Public Limited has a 1-year low of $234.01 and a 1-year high of $321.63. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The company has a market cap of $32.32 billion, a PE ratio of -44.07, a PEG ratio of 1.97 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter last year, the company earned $2.24 EPS. The business's quarterly revenue was up 5.7% on a year-over-year basis. Equities analysts forecast that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current fiscal year.

About Willis Towers Watson Public

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.