UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 620,926 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 277.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 844,417 shares of the company’s stock after purchasing an additional 620,926 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Willis Towers Watson Public were worth $248,706,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of WTW. Swedbank AB purchased a new position in shares of Willis Towers Watson Public in the 1st quarter worth about $4,512,000. Diversified Trust Co raised its position in Willis Towers Watson Public by 38.4% in the second quarter. Diversified Trust Co now owns 6,716 shares of the company’s stock worth $1,761,000 after acquiring an additional 1,863 shares during the period. AMF Tjanstepension AB boosted its stake in Willis Towers Watson Public by 6.6% in the second 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 last quarter. OneDigital Investment Advisors LLC grew its position in shares of 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 during the period. Finally, Intech Investment Management LLC increased its stake in shares of 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 purchasing an additional 23,001 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

NASDAQ:WTW opened at $322.00 on Friday. Willis Towers Watson Public Limited has a twelve month low of $234.01 and a twelve month high of $322.88. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The business’s 50-day moving average price is $301.34 and its two-hundred day moving average price is $281.18.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations 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%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.24 EPS. As a group, equities research analysts predict that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on WTW shares. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Barclays increased their price target on 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. Roth Mkm boosted their price objective on 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. Keefe, Bruyette & Woods increased their target price on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. Finally, Jefferies Financial Group boosted their price target on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus 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.