Caisse DE Depot ET Placement DU Quebec Has $147.26 Million Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 47,515.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 499,965 shares of the company’s stock after buying an additional 498,915 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in Willis Towers Watson Public were worth $147,255,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of WTW. Tidal Investments LLC increased its position in Willis Towers Watson Public by 10.5% during the first quarter. Tidal Investments LLC now owns 7,753 shares of the company’s stock worth $2,132,000 after buying an additional 735 shares during the last quarter. iA Global Asset Management Inc. acquired a new position in shares of Willis Towers Watson Public in the 1st quarter valued at $278,000. LRI Investments LLC bought a new position in Willis Towers Watson Public during the first quarter worth about $58,000. Swedbank AB bought a new stake in Willis Towers Watson Public in the first quarter valued at $4,512,000. Finally, Cetera Investment Advisers acquired a new stake in shares of Willis Towers Watson Public during the 1st quarter worth about $1,950,000. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $322.00 on Friday. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week 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 has a fifty day moving average price of $301.34 and a two-hundred day moving average price of $281.18.

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Roth Mkm raised their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Barclays lifted their price objective 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. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Keefe, Bruyette & Woods increased their target price on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 5th. Finally, Jefferies Financial Group raised their price objective on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. One equities 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. Based on data from MarketBeat.com, the company currently 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.