Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Purchased by DRW Securities LLC

DRW Securities LLC increased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 205.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,596 shares of the company’s stock after purchasing an additional 3,092 shares during the period. DRW Securities LLC’s holdings in Willis Towers Watson Public were worth $1,354,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Graypoint LLC grew its stake 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 purchasing an additional 37 shares in the last quarter. Fidelis Capital Partners LLC grew its stake 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 purchasing an additional 37 shares in the last quarter. Creative Planning grew its stake in shares of Willis Towers Watson Public by 0.3% during the second 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. Farther Finance Advisors LLC grew its stake in shares of Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after purchasing an additional 43 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its stake in shares of Willis Towers Watson Public by 4.1% during the second quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock worth $312,000 after purchasing an additional 47 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Up 0.1 %

Shares of WTW stock opened at $314.63 on Tuesday. Willis Towers Watson Public Limited has a 1-year low of $234.01 and a 1-year high of $320.77. The firm has a fifty day moving average of $298.98 and a two-hundred day moving average of $279.72. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW) last posted its 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 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 was up 5.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.24 EPS. On average, sell-side analysts anticipate that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on WTW. Keefe, Bruyette & Woods upped their price objective on shares of 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 upped their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Truist Financial upped 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. Roth Mkm upped their price objective 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. Finally, Wells Fargo & Company upped their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, Willis Towers Watson Public has a consensus rating of “Hold” and an average target price of $313.87.

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.