NFJ Investment Group LLC Invests $15.55 Million in Willis Towers Watson Public Limited (NASDAQ:WTW)

NFJ Investment Group LLC acquired a new position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 52,788 shares of the company’s stock, valued at approximately $15,548,000.

Several other institutional investors have also modified their holdings of the company. Investment Management Corp of Ontario raised its holdings in shares of Willis Towers Watson Public by 1,093.2% in the third quarter. Investment Management Corp of Ontario now owns 26,848 shares of the company’s stock valued at $7,908,000 after buying an additional 24,598 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of Willis Towers Watson Public by 18.4% in the third quarter. Janus Henderson Group PLC now owns 13,511 shares of the company’s stock valued at $3,978,000 after purchasing an additional 2,100 shares during the last quarter. Centiva Capital LP acquired a new stake in shares of Willis Towers Watson Public in the third quarter valued at approximately $490,000. Benjamin Edwards Inc. acquired a new stake in shares of Willis Towers Watson Public in the third quarter valued at approximately $413,000. Finally, Atom Investors LP grew its position in shares of Willis Towers Watson Public by 64.0% in the third quarter. Atom Investors LP now owns 8,014 shares of the company’s stock valued at $2,360,000 after purchasing an additional 3,126 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WTW has been the topic of a number of analyst reports. Barclays raised their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Keefe, Bruyette & Woods upped their price objective on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a 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 company a “hold” rating in a report on Wednesday, October 9th. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Finally, Roth Mkm lifted 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. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $313.87.

Willis Towers Watson Public Trading Up 0.2 %

Shares of WTW traded up $0.62 during midday trading on Tuesday, hitting $321.12. The company had a trading volume of 90,054 shares, compared to its average volume of 492,082. 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 52 week low of $234.01 and a 52 week high of $322.88. The company’s 50 day moving average price is $301.93 and its 200 day moving average price is $282.00.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share 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 analyst estimates 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 firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.24 earnings per share. As a group, equities analysts predict that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal 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.