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

Northwest & Ethical Investments L.P. boosted its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 13.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. 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 large investors also recently added to or reduced their stakes in the business. Capital Performance Advisors LLP bought a new position in shares of Willis Towers Watson Public in the 3rd quarter worth $27,000. American National Bank acquired a new position in Willis Towers Watson Public in the second quarter valued at about $36,000. Ashton Thomas Securities LLC bought a new position in Willis Towers Watson Public during the third quarter worth about $41,000. New Millennium Group LLC acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter worth about $54,000. Finally, LRI Investments LLC bought a new stake in shares of Willis Towers Watson Public in the 1st quarter valued at about $58,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Trading Up 1.3 %

Shares of NASDAQ:WTW opened at $320.86 on Friday. The stock has a market capitalization of $32.32 billion, a PE ratio of -44.07, a price-to-earnings-growth ratio of 2.00 and a beta of 0.73. The company’s 50-day moving average price is $300.67 and its two-hundred day moving average price is $280.71. 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 Limited has a one year low of $234.01 and a one year high of $321.63.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly 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 analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.24 earnings per share. On average, equities analysts forecast that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on WTW shares. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Wells Fargo & Company boosted their price target on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. 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 report on Tuesday, November 5th. Jefferies Financial Group lifted their target price on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. Finally, Truist Financial increased their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. One investment 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. According to data from MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Hold” and an average target price 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.