Fmr LLC Acquires 48,384 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

FMR LLC grew its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 2.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 2,416,455 shares of the company's stock after acquiring an additional 48,384 shares during the period. FMR LLC owned 2.40% of Willis Towers Watson Public worth $711,718,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of WTW. Dai ichi Life Insurance Company Ltd boosted its position in Willis Towers Watson Public by 184.1% during the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 20,736 shares of the company's stock worth $6,107,000 after buying an additional 13,437 shares during the period. Qsemble Capital Management LP acquired a new position in shares of Willis Towers Watson Public during the third quarter worth $1,273,000. DRW Securities LLC grew its stake in shares of Willis Towers Watson Public by 205.6% in the third quarter. DRW Securities LLC now owns 4,596 shares of the company's stock worth $1,354,000 after purchasing an additional 3,092 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in Willis Towers Watson Public by 13.3% in the third quarter. Daiwa Securities Group Inc. now owns 24,763 shares of the company's stock valued at $7,294,000 after purchasing an additional 2,902 shares during the period. Finally, Kingsview Wealth Management LLC raised its position in Willis Towers Watson Public by 2.2% during the 3rd quarter. Kingsview Wealth Management LLC now owns 30,962 shares of the company's stock worth $9,119,000 after purchasing an additional 676 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Stock Up 0.4 %

Shares of NASDAQ:WTW traded up $1.14 during trading on Friday, reaching $322.00. 515,824 shares of the stock were exchanged, compared to its average volume of 492,457. The stock has a fifty day moving average of $300.67 and a two-hundred day moving average of $280.71. Willis Towers Watson Public Limited has a 1-year low of $234.01 and a 1-year high of $322.88. 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 firm has a market cap of $32.43 billion, a price-to-earnings ratio of -44.07, a price-to-earnings-growth ratio of 2.00 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released 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 firm had revenue of $2.29 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the firm earned $2.24 earnings per share. Research analysts anticipate that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on WTW shares. Barclays raised their price objective on 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. Wells Fargo & Company upped 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. Roth Mkm lifted their target price on shares of 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. UBS Group raised shares of Willis Towers Watson Public to a "hold" rating in a research report on Wednesday, October 9th. Finally, Truist Financial increased their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a "buy" rating in a report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $313.87.

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.