Healthcare of Ontario Pension Plan Trust Fund Lowers Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Healthcare of Ontario Pension Plan Trust Fund reduced its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 23.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,000 shares of the company’s stock after selling 5,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Willis Towers Watson Public were worth $4,712,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Mizuho Securities USA LLC raised its stake in shares of Willis Towers Watson Public by 95,880.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after buying an additional 7,561,114 shares in the last quarter. FMR LLC lifted its holdings in Willis Towers Watson Public by 2.0% in the third quarter. FMR LLC now owns 2,416,455 shares of the company’s stock valued at $711,718,000 after acquiring an additional 48,384 shares during the period. Victory Capital Management Inc. lifted its holdings in Willis Towers Watson Public by 0.5% in the third quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock valued at $589,698,000 after acquiring an additional 10,856 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Willis Towers Watson Public by 17.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock worth $453,123,000 after purchasing an additional 261,562 shares during the period. Finally, Baupost Group LLC MA grew its stake in shares of Willis Towers Watson Public by 6.2% during the 2nd quarter. Baupost Group LLC MA now owns 1,652,648 shares of the company’s stock worth $433,225,000 after purchasing an additional 96,981 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on WTW shares. Barclays raised their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Roth Mkm upped their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Jefferies Financial Group lifted their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. Wells Fargo & Company upped their target price on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Finally, Truist Financial lifted their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $313.87.

Willis Towers Watson Public Stock Up 0.4 %

Willis Towers Watson Public stock opened at $322.00 on Friday. The stock has a fifty day moving average price of $301.34 and a 200 day moving average price of $281.18. 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 Limited has a 52 week low of $234.01 and a 52 week high of $322.88.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the prior year, the company posted $2.24 EPS. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. As a group, analysts expect that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current year.

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.