Bridgewater Associates LP Purchases 25,936 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Bridgewater Associates LP boosted its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 23.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 135,001 shares of the company’s stock after purchasing an additional 25,936 shares during the period. Bridgewater Associates LP’s holdings in Willis Towers Watson Public were worth $39,762,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WTW. Swedbank AB purchased a new stake in shares of Willis Towers Watson Public during the first quarter valued at approximately $4,512,000. Diversified Trust Co grew its stake in Willis Towers Watson Public by 38.4% in the 2nd quarter. Diversified Trust Co now owns 6,716 shares of the company’s stock valued at $1,761,000 after purchasing an additional 1,863 shares during the period. AMF Tjanstepension AB increased its position in shares of Willis Towers Watson Public by 6.6% during the 2nd quarter. AMF Tjanstepension AB now owns 44,115 shares of the company’s stock valued at $11,564,000 after purchasing an additional 2,744 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of 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 purchasing an additional 6,118 shares during the period. Finally, OneDigital Investment Advisors LLC boosted its holdings in shares of Willis Towers Watson Public by 71.7% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock worth $1,957,000 after buying an additional 2,775 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on WTW. 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 report on Tuesday, November 5th. Barclays lifted their price target on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Truist Financial increased their price objective on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Roth Mkm boosted their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Finally, UBS Group upgraded Willis Towers Watson Public to 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 given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $313.87.

Willis Towers Watson Public Trading Up 0.6 %

Shares of WTW stock opened at $316.65 on Wednesday. Willis Towers Watson Public Limited has a 52-week low of $234.01 and a 52-week high of $320.77. The business’s fifty day moving average is $299.46 and its 200 day moving average is $280.14. 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 issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the company posted $2.24 EPS. Equities research analysts forecast 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.