Quantbot Technologies LP Raises Stake in Willis Towers Watson Public Limited (NASDAQ:WTW)

Quantbot Technologies LP raised its position in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 87.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,620 shares of the company's stock after buying an additional 2,614 shares during the period. Quantbot Technologies LP's holdings in Willis Towers Watson Public were worth $1,655,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of WTW. Mizuho Securities USA LLC lifted its stake in shares of Willis Towers Watson Public by 95,880.2% in the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company's stock worth $2,229,298,000 after buying an additional 7,561,114 shares in the last quarter. Bank of New York Mellon Corp lifted 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 purchasing an additional 261,562 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Willis Towers Watson Public by 53.0% during the 2nd quarter. Acadian Asset Management LLC now owns 638,535 shares of the company's stock worth $167,352,000 after purchasing an additional 221,108 shares during the last quarter. American Century Companies Inc. grew its position in shares of Willis Towers Watson Public by 22.5% in the second quarter. American Century Companies Inc. now owns 1,006,728 shares of the company's stock valued at $263,904,000 after purchasing an additional 185,126 shares in the last quarter. Finally, Point72 Asset Management L.P. increased its holdings in shares of Willis Towers Watson Public by 456.5% in the second quarter. Point72 Asset Management L.P. now owns 198,389 shares of the company's stock valued at $52,006,000 after purchasing an additional 162,741 shares during the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on WTW. Truist Financial upped 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 report on Wednesday, October 2nd. Barclays increased 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 research note on Thursday, November 21st. Wells Fargo & Company raised their price target on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an "overweight" rating in a report on Monday, November 4th. Jefferies Financial Group upped their price objective 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. Finally, Roth Mkm raised their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a "buy" rating in a research note on Wednesday, October 2nd. One 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 data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $313.87.

Willis Towers Watson Public Stock Up 0.4 %

Shares of Willis Towers Watson Public stock traded up $1.14 on Friday, reaching $322.00. 515,825 shares of the company were exchanged, compared to its average volume of 729,045. The stock's 50 day moving average price is $301.34 and its 200-day moving average price is $281.37. 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 1-year low of $234.01 and a 1-year high of $322.88. The company 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 (NASDAQ:WTW - Get Free Report) last posted 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. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. Willis Towers Watson Public's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.24 earnings per share. As a group, equities analysts forecast that Willis Towers Watson Public Limited will post 16.7 EPS for the current year.

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.