Quarry LP Acquires 1,595 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Quarry LP increased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 462.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,940 shares of the company’s stock after purchasing an additional 1,595 shares during the quarter. Quarry LP’s holdings in Willis Towers Watson Public were worth $571,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. Point72 Asset Management L.P. increased its stake in Willis Towers Watson Public by 27.8% during the 3rd quarter. Point72 Asset Management L.P. now owns 253,604 shares of the company’s stock worth $74,694,000 after purchasing an additional 55,215 shares in the last quarter. NFJ Investment Group LLC bought a new position in shares of Willis Towers Watson Public during the 3rd quarter worth approximately $15,548,000. Investment Management Corp of Ontario grew its stake in shares of Willis Towers Watson Public by 1,093.2% during the 3rd quarter. Investment Management Corp of Ontario now owns 26,848 shares of the company’s stock worth $7,908,000 after acquiring an additional 24,598 shares in the last quarter. Janus Henderson Group PLC grew its stake in shares of Willis Towers Watson Public by 18.4% during the 3rd quarter. Janus Henderson Group PLC now owns 13,511 shares of the company’s stock worth $3,978,000 after acquiring an additional 2,100 shares in the last quarter. Finally, Centiva Capital LP bought a new position in shares of Willis Towers Watson Public during the 3rd quarter worth approximately $490,000. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Trading Up 1.1 %

Shares of Willis Towers Watson Public stock opened at $332.53 on Thursday. The business has a fifty day simple moving average of $303.57 and a two-hundred day simple moving average of $282.86. Willis Towers Watson Public Limited has a 1 year low of $234.01 and a 1 year high of $334.49. 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) last announced its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) 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 business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter last year, the firm posted $2.24 EPS. The company’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 year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on WTW shares. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Truist Financial reaffirmed a “buy” rating and set a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday. Roth Mkm raised their price target on shares of 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. Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $359.00 to $378.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, Jefferies Financial Group raised 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 note on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public currently has a consensus rating of “Hold” and a consensus price target of $316.13.

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.