Baupost Group LLC MA Has $524.62 Million Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Baupost Group LLC MA increased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 7.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,781,206 shares of the company's stock after buying an additional 128,558 shares during the period. Willis Towers Watson Public accounts for 14.9% of Baupost Group LLC MA's holdings, making the stock its 2nd biggest position. Baupost Group LLC MA owned about 1.77% of Willis Towers Watson Public worth $524,619,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in WTW. Capital Performance Advisors LLP acquired a new position in shares of Willis Towers Watson Public in the third quarter worth $27,000. American National Bank acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter worth $36,000. Ashton Thomas Securities LLC acquired a new position in Willis Towers Watson Public during the third quarter worth $41,000. Beacon Capital Management LLC grew its position in shares of Willis Towers Watson Public by 136.5% in the first quarter. Beacon Capital Management LLC now owns 175 shares of the company's stock valued at $48,000 after purchasing an additional 101 shares during the last quarter. Finally, New Millennium Group LLC acquired a new stake in shares of Willis Towers Watson Public during the second quarter worth $54,000. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Up 1.3 %

WTW stock traded up $4.21 during trading on Wednesday, hitting $320.86. The company had a trading volume of 1,204,686 shares, compared to its average volume of 492,361. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. Willis Towers Watson Public Limited has a one year low of $234.01 and a one year high of $321.63. The business has a 50-day moving average of $299.46 and a 200-day moving average of $280.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.25. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate 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 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, analysts expect that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Truist Financial lifted 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. Wells Fargo & Company increased their target price 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. Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an "outperform" rating in a report on Tuesday, November 5th. Barclays increased their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an "underweight" rating in a report on Thursday, November 21st. Finally, Roth Mkm lifted their target price on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, October 2nd. 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 company's stock. Based on data from MarketBeat.com, Willis Towers Watson Public has an average 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.