Daiwa Securities Group Inc. Acquires 2,902 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Daiwa Securities Group Inc. boosted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 13.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,763 shares of the company's stock after acquiring an additional 2,902 shares during the quarter. Daiwa Securities Group Inc.'s holdings in Willis Towers Watson Public were worth $7,294,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Mizuho Securities USA LLC boosted its position in Willis Towers Watson Public by 95,880.2% in the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company's stock valued at $2,229,298,000 after buying an additional 7,561,114 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Willis Towers Watson Public by 0.5% during the third quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company's stock worth $589,698,000 after buying an additional 10,856 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Willis Towers Watson Public by 17.8% during the second quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company's stock worth $453,123,000 after buying an additional 261,562 shares during the last quarter. Baupost Group LLC MA raised its stake in shares of Willis Towers Watson Public by 6.2% during the second quarter. Baupost Group LLC MA now owns 1,652,648 shares of the company's stock worth $433,225,000 after buying an additional 96,981 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC increased its stake in Willis Towers Watson Public by 3.6% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,122,475 shares of the company's stock valued at $294,246,000 after purchasing an additional 39,288 shares in the last quarter. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Trading Up 0.6 %

WTW stock traded up $2.02 during trading hours on Tuesday, reaching $316.65. The stock had a trading volume of 640,489 shares, compared to its average volume of 489,245. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The stock has a 50-day simple moving average of $298.98 and a 200 day simple moving average of $279.72. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week high of $320.77.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.68 by $0.25. The company had revenue of $2.29 billion during 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%. Willis Towers Watson Public's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.24 EPS. Equities research analysts anticipate that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on WTW. Roth Mkm increased 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. Barclays increased their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a research report on Thursday, November 21st. Jefferies Financial Group increased their price objective on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a "hold" rating in a research report on Wednesday, October 9th. Truist Financial increased their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a "buy" rating in a research report on Wednesday, October 2nd. Finally, UBS Group upgraded shares of Willis Towers Watson Public to a "hold" rating in a report on Wednesday, October 9th. One 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.com, the company currently has an average rating of "Hold" and a consensus price target 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.