Zurcher Kantonalbank Zurich Cantonalbank Grows Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 18.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,315 shares of the company's stock after purchasing an additional 6,661 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Willis Towers Watson Public were worth $12,463,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Swedbank AB bought a new stake in shares of Willis Towers Watson Public in the 1st quarter valued at about $4,512,000. Diversified Trust Co raised its stake in Willis Towers Watson Public by 38.4% in the second quarter. Diversified Trust Co now owns 6,716 shares of the company's stock worth $1,761,000 after buying an additional 1,863 shares in the last quarter. AMF Tjanstepension AB lifted its holdings in Willis Towers Watson Public by 6.6% during the second quarter. AMF Tjanstepension AB now owns 44,115 shares of the company's stock worth $11,564,000 after buying an additional 2,744 shares during the period. OneDigital Investment Advisors LLC boosted its position in Willis Towers Watson Public by 71.7% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company's stock valued at $1,957,000 after acquiring an additional 2,775 shares in the last quarter. Finally, Intech Investment Management LLC increased its holdings in shares of Willis Towers Watson Public by 28.3% in the 3rd quarter. Intech Investment Management LLC now owns 104,414 shares of the company's stock valued at $30,753,000 after acquiring an additional 23,001 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Up 0.4 %

WTW traded up $1.14 during trading hours on Friday, reaching $322.00. The company's stock had a trading volume of 515,825 shares, compared to its average volume of 729,045. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week high of $322.88. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The business's 50-day moving average is $301.34 and its 200-day moving average is $281.37.

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 (EPS) for the quarter, topping 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 analyst estimates of $2.28 billion. During the same period in the prior year, the business earned $2.24 EPS. The firm's quarterly revenue was up 5.7% on a year-over-year basis. On average, research analysts anticipate that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on WTW. Wells Fargo & Company lifted 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. Roth Mkm upped their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a "buy" rating in a research report on Wednesday, October 2nd. Truist Financial raised their price target on shares of 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. UBS Group raised shares of Willis Towers Watson Public to a "hold" rating in a report on Wednesday, October 9th. Finally, Jefferies Financial Group boosted their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a "hold" rating in a research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus 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.