Northwest & Ethical Investments L.P. Has $8.48 Million Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Northwest & Ethical Investments L.P. raised its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 13.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,792 shares of the company's stock after purchasing an additional 3,509 shares during the period. Northwest & Ethical Investments L.P.'s holdings in Willis Towers Watson Public were worth $8,480,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of WTW. Capital Performance Advisors LLP bought a new position in shares of Willis Towers Watson Public during the 3rd quarter worth about $27,000. American National Bank bought a new position in shares of Willis Towers Watson Public during the 2nd quarter worth about $36,000. Ashton Thomas Securities LLC bought a new position in shares of Willis Towers Watson Public during the 3rd quarter worth about $41,000. New Millennium Group LLC bought a new position in shares of Willis Towers Watson Public during the 2nd quarter worth about $54,000. Finally, LRI Investments LLC bought a new position in shares of Willis Towers Watson Public during the 1st quarter worth about $58,000. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Up 0.4 %

WTW traded up $1.14 during trading on Friday, reaching $322.00. 515,825 shares of the stock were exchanged, compared to its average volume of 492,462. The stock has a market cap of $32.43 billion, a P/E ratio of -44.23, a price-to-earnings-growth ratio of 2.00 and a beta of 0.73. Willis Towers Watson Public Limited has a twelve month low of $234.01 and a twelve month high of $322.88. The stock's 50 day moving average price is $301.34 and its two-hundred day moving average price is $281.18. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping analysts' consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the previous year, the company earned $2.24 earnings per share. The firm's revenue for the quarter was up 5.7% on a year-over-year basis. Equities analysts expect that Willis Towers Watson Public Limited will post 16.7 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on WTW. Truist Financial lifted their price target on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a "buy" rating in a report on Wednesday, October 2nd. Barclays lifted their price target on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an "underweight" rating in a report on Thursday, November 21st. Roth Mkm lifted 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. Wells Fargo & Company lifted their price target on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a report on Monday, November 4th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the company an "outperform" rating in a report on Tuesday, November 5th. One research 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, the company presently has an average rating of "Hold" and an average price target 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.