UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 620,926 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 277.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 844,417 shares of the company's stock after acquiring an additional 620,926 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.84% of Willis Towers Watson Public worth $248,706,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. UBS Group upgraded Willis Towers Watson Public to a "hold" rating in a report on Wednesday, October 9th. Jefferies Financial Group boosted their price target on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a "hold" rating in a research report on Wednesday, October 9th. Wells Fargo & Company boosted their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an "overweight" rating in a research report on Monday, November 4th. Truist Financial boosted their price objective on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a "buy" rating in a research report on Wednesday, October 2nd. Finally, Barclays boosted their price target on 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. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Willis Towers Watson Public has a consensus rating of "Hold" and an average price target of $313.87.

Willis Towers Watson Public Stock Performance

Willis Towers Watson Public stock traded up $1.14 during trading hours on Friday, hitting $322.00. The stock had a trading volume of 515,825 shares, compared to its average volume of 729,045. 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 one year low of $234.01 and a one year high of $322.88. The business's 50 day simple moving average is $301.34 and its 200-day simple moving average is $281.18.

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

Willis Towers Watson Public 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.