EP Wealth Advisors LLC Boosts Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

EP Wealth Advisors LLC grew its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 267.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,637 shares of the company's stock after purchasing an additional 3,375 shares during the quarter. EP Wealth Advisors LLC's holdings in Willis Towers Watson Public were worth $1,366,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Capital Performance Advisors LLP purchased a new position in Willis Towers Watson Public in the third quarter valued at approximately $27,000. American National Bank bought a new position in shares of Willis Towers Watson Public during the 2nd quarter worth $36,000. Ashton Thomas Securities LLC bought a new position in shares of Willis Towers Watson Public during the 3rd quarter worth $41,000. New Millennium Group LLC bought a new stake in Willis Towers Watson Public in the 2nd quarter valued at about $54,000. Finally, Farther Finance Advisors LLC raised its stake in Willis Towers Watson Public by 22.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company's stock valued at $70,000 after acquiring an additional 43 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on WTW. Jefferies Financial Group lifted their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a "hold" rating in a research note on Wednesday, October 9th. UBS Group upgraded shares of Willis Towers Watson Public to a "hold" rating in a research note on Wednesday, October 9th. Keefe, Bruyette & Woods increased their target price on Willis Towers Watson Public from $359.00 to $378.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 4th. Wells Fargo & Company lifted their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a research report on Monday, November 4th. Finally, Truist Financial reissued a "buy" rating and set a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $321.80.

Willis Towers Watson Public Trading Down 1.5 %

Willis Towers Watson Public stock traded down $4.57 during mid-day trading on Tuesday, hitting $307.65. The company's stock had a trading volume of 824,856 shares, compared to its average volume of 506,621. The business has a 50 day moving average price of $305.29 and a 200-day moving average price of $284.49. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. Willis Towers Watson Public Limited has a 12 month low of $234.01 and a 12 month high of $334.99. The stock has a market cap of $30.99 billion, a price-to-earnings ratio of -42.26, a price-to-earnings-growth ratio of 1.90 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its earnings results 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. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the previous year, the company posted $2.24 EPS. Willis Towers Watson Public's revenue for the quarter was up 5.7% on a year-over-year basis. As a group, analysts forecast that Willis Towers Watson Public Limited will post 16.75 EPS 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.