Quarry LP Grows Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Quarry LP boosted its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 462.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,940 shares of the company's stock after acquiring an additional 1,595 shares during the period. Quarry LP's holdings in Willis Towers Watson Public were worth $571,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Timber Creek Capital Management LLC lifted its stake in shares of Willis Towers Watson Public by 11.4% in the third quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company's stock worth $5,625,000 after buying an additional 1,957 shares in the last quarter. Diversified Trust Co increased its holdings in shares of Willis Towers Watson Public by 38.4% in the 2nd quarter. Diversified Trust Co now owns 6,716 shares of the company's stock worth $1,761,000 after purchasing an additional 1,863 shares in the last quarter. OneDigital Investment Advisors LLC raised its stake in shares of Willis Towers Watson Public by 71.7% in the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company's stock worth $1,957,000 after purchasing an additional 2,775 shares during the last quarter. Intech Investment Management LLC lifted its holdings in shares of Willis Towers Watson Public by 28.3% during the third quarter. Intech Investment Management LLC now owns 104,414 shares of the company's stock valued at $30,753,000 after purchasing an additional 23,001 shares in the last quarter. Finally, Atom Investors LP boosted its position in shares of Willis Towers Watson Public by 64.0% during the third quarter. Atom Investors LP now owns 8,014 shares of the company's stock valued at $2,360,000 after buying an additional 3,126 shares during the last quarter. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Price Performance

NASDAQ:WTW traded down $1.43 during trading hours on Thursday, hitting $331.10. 368,489 shares of the stock traded hands, compared to its average volume of 498,577. The company has a market cap of $33.35 billion, a price-to-earnings ratio of -45.68, a price-to-earnings-growth ratio of 2.05 and a beta of 0.74. Willis Towers Watson Public Limited has a 1 year low of $234.01 and a 1 year high of $334.99. The stock has a 50 day moving average price of $303.57 and a 200 day moving average price of $282.86. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating 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 company 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 company earned $2.24 EPS. Willis Towers Watson Public's revenue for the quarter was up 5.7% on a year-over-year basis. Sell-side analysts forecast that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on WTW. Raymond James upgraded shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and upped their target price for the company from $365.00 to $400.00 in a research note on Thursday. Keefe, Bruyette & Woods lifted their target price on shares of Willis Towers Watson Public from $359.00 to $378.00 and gave the stock an "outperform" rating in a research report on Wednesday. Wells Fargo & Company increased their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a report on Monday, November 4th. Barclays lifted their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a report on Thursday, November 21st. Finally, Jefferies Financial Group increased their target price on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a "hold" rating in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $321.80.

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.