Raymond James Trust N.A. Sells 613 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Raymond James Trust N.A. trimmed its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 15.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,391 shares of the company’s stock after selling 613 shares during the period. Raymond James Trust N.A.’s holdings in Willis Towers Watson Public were worth $999,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in WTW. O Shaughnessy Asset Management LLC raised its stake in shares of Willis Towers Watson Public by 21.3% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 3,072 shares of the company’s stock worth $845,000 after purchasing an additional 540 shares during the period. 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. SVB Wealth LLC bought a new stake in Willis Towers Watson Public in the 1st quarter valued at about $207,000. Interval Partners LP bought a new stake in Willis Towers Watson Public in the 1st quarter valued at about $6,818,000. Finally, Tidal Investments LLC raised its stake in Willis Towers Watson Public by 10.5% in the 1st quarter. Tidal Investments LLC now owns 7,753 shares of the company’s stock valued at $2,132,000 after acquiring an additional 735 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Keefe, Bruyette & Woods boosted their price objective 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. Barclays boosted their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday. UBS Group raised Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Truist Financial lifted their target price 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. Finally, Jefferies Financial Group lifted their target price on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. One 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’s stock. According to MarketBeat.com, Willis Towers Watson Public has an average rating of “Hold” and a consensus target price of $313.87.

Willis Towers Watson Public Stock Up 0.1 %

Shares of NASDAQ WTW opened at $314.40 on Monday. The company has a quick ratio of 1.72, a current 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 $320.77. The firm’s fifty day moving average is $298.57 and its 200 day moving average is $279.30. 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.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate of $2.68 by $0.25. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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 firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.24 earnings per share. On average, equities research analysts expect that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current year.

Willis Towers Watson Public 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.