Bank of Montreal Can Lowers Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Bank of Montreal Can cut its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 9.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 201,362 shares of the company’s stock after selling 21,403 shares during the period. Bank of Montreal Can’s holdings in Willis Towers Watson Public were worth $59,002,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD boosted its position in 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 purchased a new stake in Willis Towers Watson Public during the 1st quarter worth $207,000. Tidal Investments LLC boosted its position in Willis Towers Watson Public by 10.5% during the 1st quarter. Tidal Investments LLC now owns 7,753 shares of the company’s stock worth $2,132,000 after purchasing an additional 735 shares during the period. iA Global Asset Management Inc. purchased a new stake in Willis Towers Watson Public during the 1st quarter worth $278,000. Finally, LRI Investments LLC purchased a new stake in Willis Towers Watson Public during the 1st quarter worth $58,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $320.86 on Thursday. The firm’s 50-day simple moving average is $300.03 and its 200-day simple moving average is $280.43. 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 1 year low of $234.01 and a 1 year high of $321.63.

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

Analyst Upgrades and Downgrades

WTW has been the subject of a number of research reports. Roth Mkm upped their price target 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. Keefe, Bruyette & Woods boosted 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. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Barclays boosted their price objective 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. Finally, Wells Fargo & Company boosted their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. 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. According to MarketBeat, the stock 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.