Northwest & Ethical Investments L.P. Acquires 3,509 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Northwest & Ethical Investments L.P. lifted its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 13.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 28,792 shares of the company’s stock after purchasing an additional 3,509 shares during the quarter. Northwest & Ethical Investments L.P.’s holdings in Willis Towers Watson Public were worth $8,480,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. Graypoint LLC boosted its holdings in shares of Willis Towers Watson Public by 4.7% during the second quarter. Graypoint LLC now owns 820 shares of the company’s stock worth $215,000 after acquiring an additional 37 shares during the period. Fidelis Capital Partners LLC lifted its holdings in shares of Willis Towers Watson Public by 3.1% during the third quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock worth $357,000 after buying an additional 37 shares in the last quarter. Glenmede Trust Co. NA grew its stake in shares of Willis Towers Watson Public by 3.1% in the third quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock valued at $418,000 after acquiring an additional 42 shares in the last quarter. Creative Planning raised its stake in Willis Towers Watson Public by 0.3% in the 2nd quarter. Creative Planning now owns 13,147 shares of the company’s stock worth $3,446,000 after purchasing an additional 43 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in Willis Towers Watson Public by 22.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after purchasing an additional 43 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Up 1.3 %

Shares of WTW opened at $320.86 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. Willis Towers Watson Public Limited has a 52 week low of $234.01 and a 52 week high of $321.63. The stock has a market capitalization of $32.32 billion, a price-to-earnings ratio of -44.07, a PEG ratio of 2.00 and a beta of 0.73. The stock has a fifty day moving average of $300.67 and a 200-day moving average of $280.71.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating the consensus estimate 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 business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the company earned $2.24 earnings per share. As a group, sell-side analysts anticipate that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on WTW shares. 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 research report on Thursday, November 21st. Wells Fargo & Company increased their target price on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Roth Mkm upped 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 report on Wednesday, October 2nd. Jefferies Financial Group raised their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. Finally, UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. One 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. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target 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.