Willis Towers Watson Public Limited (NASDAQ:WTW) Position Increased by Atom Investors LP

Atom Investors LP boosted its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 64.0% in the third quarter, HoldingsChannel reports. The firm owned 8,014 shares of the company’s stock after purchasing an additional 3,126 shares during the quarter. Atom Investors LP’s holdings in Willis Towers Watson Public were worth $2,360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Timber Creek Capital Management LLC grew its position in Willis Towers Watson Public by 11.4% in the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock worth $5,625,000 after purchasing an additional 1,957 shares during the last quarter. Diversified Trust Co grew its holdings 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 worth $1,761,000 after buying an additional 1,863 shares in the last quarter. AMF Tjanstepension AB increased its position in Willis Towers Watson Public by 6.6% in the 2nd quarter. AMF Tjanstepension AB now owns 44,115 shares of the company’s stock valued at $11,564,000 after acquiring an additional 2,744 shares during the period. OneDigital Investment Advisors LLC raised its stake in Willis Towers Watson Public by 71.7% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock valued at $1,957,000 after acquiring an additional 2,775 shares in the last quarter. Finally, Intech Investment Management LLC boosted its position in Willis Towers Watson Public by 28.3% during the 3rd quarter. Intech Investment Management LLC now owns 104,414 shares of the company’s stock worth $30,753,000 after acquiring an additional 23,001 shares during the period. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ:WTW opened at $320.50 on Tuesday. Willis Towers Watson Public Limited has a 52 week low of $234.01 and a 52 week high of $322.88. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The firm has a 50 day simple moving average of $301.93 and a 200 day simple moving average of $282.00.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period in the previous year, the company earned $2.24 EPS. The firm’s revenue was up 5.7% on a year-over-year basis. Research analysts forecast that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal year.

Analysts Set New Price Targets

WTW has been the topic of a number of research analyst reports. UBS Group raised Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Roth Mkm raised their target price on shares of 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. Barclays upped 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 research note on Thursday, November 21st. Truist Financial raised their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Finally, Wells Fargo & Company upped their target price on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Willis Towers Watson Public currently has a consensus rating of “Hold” and an average target price of $313.87.

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.