Bridgewater Associates LP Boosts Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Bridgewater Associates LP raised its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 23.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 135,001 shares of the company's stock after acquiring an additional 25,936 shares during the period. Bridgewater Associates LP owned about 0.13% of Willis Towers Watson Public worth $39,762,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Townsquare Capital LLC raised its position in Willis Towers Watson Public by 63.4% in the 3rd quarter. Townsquare Capital LLC now owns 1,569 shares of the company's stock valued at $462,000 after purchasing an additional 609 shares during the last quarter. Transamerica Financial Advisors Inc. lifted its holdings in Willis Towers Watson Public by 61,100.0% during the 3rd quarter. Transamerica Financial Advisors Inc. now owns 612 shares of the company's stock worth $181,000 after buying an additional 611 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of Willis Towers Watson Public by 33.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 186,332 shares of the company's stock valued at $54,880,000 after buying an additional 47,148 shares during the period. Brooklyn Investment Group acquired a new position in shares of Willis Towers Watson Public during the third quarter valued at $164,000. Finally, Quantbot Technologies LP boosted its holdings in Willis Towers Watson Public by 87.0% in the third quarter. Quantbot Technologies LP now owns 5,620 shares of the company's stock valued at $1,655,000 after acquiring an additional 2,614 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Trading Up 0.9 %

Shares of NASDAQ:WTW traded up $2.86 during trading on Wednesday, hitting $319.51. 431,285 shares of the company were exchanged, compared to its average volume of 488,808. Willis Towers Watson Public Limited has a 1-year low of $234.01 and a 1-year high of $320.77. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The business's 50 day moving average is $299.46 and its 200-day moving average is $280.14.

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on WTW shares. Barclays raised their target price on shares of 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. Jefferies Financial Group increased their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a "hold" rating in a report on Wednesday, October 9th. Roth Mkm raised their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a "buy" rating in a research report on Wednesday, October 2nd. Wells Fargo & Company lifted their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an "overweight" rating in a report on Monday, November 4th. Finally, Keefe, Bruyette & Woods increased their price objective on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price 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.