Healthcare of Ontario Pension Plan Trust Fund reduced its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 23.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,000 shares of the company's stock after selling 5,000 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund's holdings in Willis Towers Watson Public were worth $4,712,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in the business. 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 purchased a new position in shares of Willis Towers Watson Public in the 2nd quarter valued at $36,000. Ashton Thomas Securities LLC purchased a new position in Willis Towers Watson Public in the third quarter valued at about $41,000. New Millennium Group LLC acquired a new stake in Willis Towers Watson Public during the 2nd quarter valued at approximately $54,000. Finally, LRI Investments LLC acquired a new stake in Willis Towers Watson Public during the 1st quarter valued at approximately $58,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on WTW shares. UBS Group upgraded Willis Towers Watson Public to a "hold" rating in a research note on Wednesday, October 9th. Wells Fargo & Company boosted their target price on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an "overweight" rating in a research report on Monday, November 4th. Roth Mkm increased their price target 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 upped their price objective on 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. Finally, Jefferies Financial Group lifted their target price on 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. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Willis Towers Watson Public has a consensus rating of "Hold" and a consensus price target of $313.87.
Get Our Latest Report on Willis Towers Watson Public
Willis Towers Watson Public Price Performance
NASDAQ WTW traded up $1.14 on Friday, hitting $322.00. The stock had a trading volume of 515,825 shares, compared to its average volume of 729,045. The company's 50-day moving average is $301.34 and its two-hundred day moving average is $281.18. 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 one year low of $234.01 and a one year high of $322.88.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.68 by $0.25. The firm had revenue of $2.29 billion for the quarter, compared to analysts' expectations of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The firm's revenue was up 5.7% compared to the same quarter last year. During the same period last year, the firm earned $2.24 EPS. On average, equities analysts predict that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current fiscal year.
About Willis Towers Watson Public
(
Free Report)
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.
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