Daiwa Securities Group Inc. Raises Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Daiwa Securities Group Inc. grew its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 13.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 24,763 shares of the company’s stock after acquiring an additional 2,902 shares during the period. Daiwa Securities Group Inc.’s holdings in Willis Towers Watson Public were worth $7,294,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in WTW. Price T Rowe Associates Inc. MD increased its stake in Willis Towers Watson Public by 4.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 154,973 shares of the company’s stock worth $42,618,000 after buying an additional 6,118 shares during the period. SVB Wealth LLC bought a new stake in shares of Willis Towers Watson Public in the 1st quarter worth about $207,000. Tidal Investments LLC increased its position in shares of Willis Towers Watson Public by 10.5% in the 1st quarter. Tidal Investments LLC now owns 7,753 shares of the company’s stock worth $2,132,000 after purchasing an additional 735 shares during the last quarter. Beacon Capital Management LLC increased its position in shares of Willis Towers Watson Public by 136.5% in the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after purchasing an additional 101 shares during the last quarter. Finally, iA Global Asset Management Inc. bought a new stake in shares of Willis Towers Watson Public in the 1st quarter worth about $278,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on WTW shares. Keefe, Bruyette & Woods boosted 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 research report on Tuesday, November 5th. Truist Financial boosted their target price 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. Barclays lifted 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 report on Thursday, November 21st. Roth Mkm lifted their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Finally, Wells Fargo & Company lifted their price target on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $313.87.

Willis Towers Watson Public Stock Up 0.1 %

Willis Towers Watson Public stock opened at $314.63 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The firm has a 50-day moving average price of $298.98 and a two-hundred day moving average price of $279.72. Willis Towers Watson Public Limited has a 52-week low of $234.01 and a 52-week high of $320.77.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business posted $2.24 EPS. As a group, equities analysts predict that Willis Towers Watson Public Limited will post 16.7 earnings per share 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.