Transamerica Financial Advisors Inc. Increases Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Transamerica Financial Advisors Inc. raised its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 61,100.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 612 shares of the company’s stock after buying an additional 611 shares during the period. Transamerica Financial Advisors Inc.’s holdings in Willis Towers Watson Public were worth $181,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in WTW. Capital Performance Advisors LLP bought a new stake in Willis Towers Watson Public during the 3rd quarter worth approximately $27,000. American National Bank bought a new stake in shares of Willis Towers Watson Public during the 2nd quarter valued at $36,000. Ashton Thomas Securities LLC purchased a new position in shares of Willis Towers Watson Public during the 3rd quarter valued at $41,000. New Millennium Group LLC bought a new position in Willis Towers Watson Public in the 2nd quarter worth $54,000. Finally, LRI Investments LLC purchased a new stake in Willis Towers Watson Public in the 1st quarter worth $58,000. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WTW has been the topic of several research analyst reports. Jefferies Financial Group boosted their price objective on 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. Truist Financial boosted their price objective on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Barclays boosted their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Wells Fargo & Company boosted their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Finally, UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Willis Towers Watson Public has a consensus rating of “Hold” and a consensus price target of $313.87.

Willis Towers Watson Public Trading Up 1.3 %

Shares of NASDAQ WTW opened at $320.86 on Thursday. The business’s 50 day moving average is $300.03 and its two-hundred day moving average is $280.43. 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 1-year low of $234.01 and a 1-year high of $321.63. The stock has a market capitalization of $32.32 billion, a P/E ratio of -44.07, a PEG ratio of 1.97 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.25. The company had revenue of $2.29 billion for 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 firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.24 earnings per share. As a group, research analysts expect that Willis Towers Watson Public Limited will post 16.7 EPS for the current year.

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.