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

Daiwa Securities Group Inc. increased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 13.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,763 shares of the company’s stock after purchasing 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.

Other large investors have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP purchased a new position in Willis Towers Watson Public in the third quarter valued at about $27,000. American National Bank purchased a new position in Willis Towers Watson Public in the second quarter valued at about $36,000. Ashton Thomas Securities LLC purchased a new position in Willis Towers Watson Public in the third quarter valued at about $41,000. Beacon Capital Management LLC increased its holdings in Willis Towers Watson Public by 136.5% in the first quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after buying an additional 101 shares in the last quarter. Finally, New Millennium Group LLC purchased a new position in Willis Towers Watson Public in the second quarter valued at about $54,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Trading Up 0.1 %

Shares of WTW opened at $314.63 on Tuesday. The company’s fifty day moving average is $298.98 and its two-hundred day moving average is $279.72. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week high of $320.77. 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) last announced its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. The company had revenue of $2.29 billion for 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%. Willis Towers Watson Public’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the business earned $2.24 EPS. Equities analysts predict that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WTW has been the subject of a number of research analyst reports. Wells Fargo & Company increased 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 report on Monday, November 4th. Roth Mkm raised their price objective 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. Barclays raised their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research note on Thursday, November 21st. Jefferies Financial Group raised their price objective on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 5th. One 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 stock. According to MarketBeat, Willis Towers Watson Public 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.