iA Global Asset Management Inc. Takes $1.21 Million Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

iA Global Asset Management Inc. bought a new stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,091 shares of the company's stock, valued at approximately $1,205,000.

A number of other large investors have also recently modified their holdings of the stock. Mizuho Securities USA LLC boosted its holdings in shares of Willis Towers Watson Public by 95,880.2% during the 3rd 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Willis Towers Watson Public by 277.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company's stock worth $248,706,000 after acquiring an additional 620,926 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec grew its holdings in Willis Towers Watson Public by 47,515.7% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company's stock worth $147,255,000 after purchasing an additional 498,915 shares during the period. Bank of New York Mellon Corp increased 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 valued at $453,123,000 after purchasing an additional 261,562 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in shares of Willis Towers Watson Public by 53.0% during the second quarter. Acadian Asset Management LLC now owns 638,535 shares of the company's stock valued at $167,352,000 after purchasing an additional 221,108 shares during the last quarter. Institutional investors own 93.09% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on WTW. Raymond James upgraded Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and upped their price target for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. UBS Group upgraded Willis Towers Watson Public to a "hold" rating in a report on Wednesday, October 9th. Truist Financial reiterated a "buy" rating and issued a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Barclays raised their price objective on shares of 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, Roth Mkm increased their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a "buy" rating in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $321.80.

Willis Towers Watson Public Stock Performance

Shares of WTW traded down $4.57 during trading hours on Tuesday, hitting $307.65. The stock had a trading volume of 824,856 shares, compared to its average volume of 506,621. The firm has a market capitalization of $30.99 billion, a PE ratio of -42.26, a PEG ratio of 1.90 and a beta of 0.74. 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 fifty day moving average price of $305.29 and a 200 day moving average price of $284.49.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping 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 negative net margin of 7.36% and a positive return on equity of 18.57%. The business's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.24 EPS. Analysts anticipate that Willis Towers Watson Public Limited will post 16.75 EPS for the current year.

Willis Towers Watson Public Company 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.