GSA Capital Partners LLP bought a new stake in Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 891 shares of the company’s stock, valued at approximately $262,000.
A number of other institutional investors have also added to or reduced their stakes in the company. Diamond Hill Capital Management Inc. increased its stake in shares of Willis Towers Watson Public by 11.8% in the third quarter. Diamond Hill Capital Management Inc. now owns 74,858 shares of the company’s stock valued at $22,048,000 after buying an additional 7,924 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in Willis Towers Watson Public during the 3rd quarter worth about $41,000. River Global Investors LLP increased its position in Willis Towers Watson Public by 3.4% in the 3rd quarter. River Global Investors LLP now owns 18,928 shares of the company’s stock valued at $5,573,000 after acquiring an additional 629 shares in the last quarter. Mesirow Financial Investment Management Inc. raised its stake in shares of Willis Towers Watson Public by 105.4% in the third quarter. Mesirow Financial Investment Management Inc. now owns 7,902 shares of the company’s stock worth $2,328,000 after acquiring an additional 4,054 shares during the last quarter. Finally, Sheets Smith Wealth Management acquired a new position in shares of Willis Towers Watson Public during the third quarter worth approximately $370,000. 93.09% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the company. Keefe, Bruyette & Woods lifted their target price on Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a research note on Tuesday, November 5th. Wells Fargo & Company upped 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. Roth Mkm lifted 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 report on Wednesday, October 2nd. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Finally, Jefferies Financial Group raised their price objective 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 equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Hold” and an average target price of $313.87.
Willis Towers Watson Public Stock Performance
WTW opened at $314.40 on Friday. Willis Towers Watson Public Limited has a 1-year low of $234.01 and a 1-year high of $320.77. The company has a market cap of $31.67 billion, a price-to-earnings ratio of -43.19, a PEG ratio of 1.96 and a beta of 0.73. The company’s fifty day moving average price is $298.57 and its two-hundred day moving average price is $278.95. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the business earned $2.24 EPS. The business’s revenue was up 5.7% on a year-over-year basis. On average, analysts expect that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal year.
Willis Towers Watson Public Company 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.
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