Dai ichi Life Insurance Company Ltd Acquires 13,437 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Dai ichi Life Insurance Company Ltd raised its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 184.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,736 shares of the company's stock after purchasing an additional 13,437 shares during the period. Dai ichi Life Insurance Company Ltd's holdings in Willis Towers Watson Public were worth $6,107,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Capital Performance Advisors LLP purchased a new stake in Willis Towers Watson Public during the third quarter valued at $27,000. American National Bank bought a new stake in Willis Towers Watson Public during the second quarter valued at approximately $36,000. Ashton Thomas Securities LLC purchased a new stake in Willis Towers Watson Public during the third quarter valued at approximately $41,000. Beacon Capital Management LLC increased its holdings in Willis Towers Watson Public by 136.5% during the first quarter. Beacon Capital Management LLC now owns 175 shares of the company's stock valued at $48,000 after buying an additional 101 shares during the last quarter. Finally, New Millennium Group LLC bought a new position in Willis Towers Watson Public in the second quarter worth approximately $54,000. Hedge funds and other institutional investors own 93.09% of the company's stock.

Analysts Set New Price Targets

WTW has been the topic of a number of recent research reports. Barclays raised their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a report on Thursday, November 21st. Keefe, Bruyette & Woods increased their target price 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. UBS Group upgraded shares of Willis Towers Watson Public to a "hold" rating in a research report on Wednesday, October 9th. Truist Financial raised their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a "buy" rating in a research report on Wednesday, October 2nd. Finally, Roth Mkm increased their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a "buy" rating in a research note on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $313.87.

Willis Towers Watson Public Trading Up 1.3 %

Shares of NASDAQ:WTW traded up $4.21 during trading on Wednesday, hitting $320.86. The company had a trading volume of 1,204,686 shares, compared to its average volume of 492,361. The stock has a market cap of $32.32 billion, a price-to-earnings ratio of -44.07, a price-to-earnings-growth ratio of 1.96 and a beta of 0.73. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The company has a fifty day simple moving average of $300.03 and a two-hundred day simple moving average of $280.43. Willis Towers Watson Public Limited has a one year low of $234.01 and a one year high of $321.63.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating analysts' consensus estimates of $2.68 by $0.25. The business had revenue of $2.29 billion for the quarter, compared to analysts' expectations 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 revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.24 earnings per share. As a group, equities analysts forecast that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current 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.