Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Acquired by Point72 Asia Singapore Pte. Ltd.

Point72 Asia Singapore Pte. Ltd. raised its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 590.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,899 shares of the company's stock after purchasing an additional 2,479 shares during the period. Point72 Asia Singapore Pte. Ltd.'s holdings in Willis Towers Watson Public were worth $854,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of WTW. Mizuho Securities USA LLC lifted its holdings in Willis Towers Watson Public by 95,880.2% in 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 purchasing an additional 7,561,114 shares in the last quarter. FMR LLC raised its position in shares of Willis Towers Watson Public by 2.0% in the third quarter. FMR LLC now owns 2,416,455 shares of the company's stock valued at $711,718,000 after buying an additional 48,384 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Willis Towers Watson Public by 0.5% during the third quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company's stock valued at $589,698,000 after buying an additional 10,856 shares during the period. Baupost Group LLC MA boosted its position in Willis Towers Watson Public by 7.8% during the third quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company's stock worth $524,619,000 after acquiring an additional 128,558 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Willis Towers Watson Public by 17.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company's stock worth $453,123,000 after acquiring an additional 261,562 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Up 0.4 %

Willis Towers Watson Public stock traded up $1.14 during midday trading on Monday, hitting $322.00. 515,825 shares of the stock were exchanged, compared to its average volume of 719,330. 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 quick ratio of 1.72 and a current ratio of 1.72. The company has a 50 day moving average price of $301.34 and a two-hundred day moving average price of $281.55.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate 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 business had revenue of $2.29 billion for the quarter, compared to analysts' expectations of $2.28 billion. During the same quarter in the previous year, the firm posted $2.24 earnings per share. The company's revenue was up 5.7% compared to the same quarter last year. On average, research analysts anticipate that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. UBS Group raised Willis Towers Watson Public to a "hold" rating in a research note on Wednesday, October 9th. Truist Financial boosted their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a "buy" rating in a research note on Wednesday, October 2nd. Barclays increased their target price 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. Jefferies Financial Group boosted their price target on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a "hold" rating in a research report on Wednesday, October 9th. Finally, Keefe, Bruyette & Woods upped their price target on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of "Hold" and an average 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.