Qsemble Capital Management LP purchased a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,322 shares of the company's stock, valued at approximately $1,273,000.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Price T Rowe Associates Inc. MD lifted its position in Willis Towers Watson Public by 4.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 154,973 shares of the company's stock worth $42,618,000 after acquiring an additional 6,118 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of Willis Towers Watson Public during the 1st quarter worth about $207,000. Tidal Investments LLC boosted its stake in Willis Towers Watson Public by 10.5% during the 1st quarter. Tidal Investments LLC now owns 7,753 shares of the company's stock valued at $2,132,000 after purchasing an additional 735 shares during the period. Beacon Capital Management LLC grew its holdings in Willis Towers Watson Public by 136.5% in the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company's stock valued at $48,000 after buying an additional 101 shares during the last quarter. Finally, iA Global Asset Management Inc. bought a new position in Willis Towers Watson Public in the 1st quarter worth approximately $278,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
WTW has been the topic of several research analyst reports. Truist Financial raised their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a "buy" rating in a research note on Wednesday, October 2nd. Keefe, Bruyette & Woods raised their price target on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 5th. 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 report on Monday, November 4th. UBS Group upgraded shares of Willis Towers Watson Public to a "hold" rating in a research note on Wednesday, October 9th. Finally, 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 note on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $313.87.
Read Our Latest Stock Report on Willis Towers Watson Public
Willis Towers Watson Public Price Performance
WTW stock traded up $2.02 during trading on Tuesday, hitting $316.65. The company had a trading volume of 640,489 shares, compared to its average volume of 489,245. The company has a fifty day moving average price of $299.46 and a two-hundred day moving average price of $280.14. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week high of $320.77. The company has a market cap of $31.89 billion, a P/E ratio of -43.50, a P/E/G ratio of 1.96 and a beta of 0.73. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70.
Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued 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. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the previous year, the company earned $2.24 EPS. The firm's revenue for the quarter was up 5.7% compared to the same quarter last year. Equities research analysts expect 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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