Atalan Capital Partners LP Sells 80,000 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Atalan Capital Partners LP decreased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 24.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 250,000 shares of the company’s stock after selling 80,000 shares during the period. Willis Towers Watson Public accounts for approximately 6.3% of Atalan Capital Partners LP’s portfolio, making the stock its 9th biggest position. Atalan Capital Partners LP owned about 0.25% of Willis Towers Watson Public worth $73,632,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Swedbank AB acquired a new position in Willis Towers Watson Public during the first quarter worth $4,512,000. Diversified Trust Co raised its stake in shares of Willis Towers Watson Public by 38.4% in the 2nd quarter. Diversified Trust Co now owns 6,716 shares of the company’s stock valued at $1,761,000 after acquiring an additional 1,863 shares in the last quarter. AMF Tjanstepension AB lifted its holdings in Willis Towers Watson Public by 6.6% in the 2nd quarter. AMF Tjanstepension AB now owns 44,115 shares of the company’s stock worth $11,564,000 after purchasing an additional 2,744 shares during the last quarter. Timber Creek Capital Management LLC lifted its position in Willis Towers Watson Public by 11.4% during the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock worth $5,625,000 after acquiring an additional 1,957 shares during the last quarter. Finally, OneDigital Investment Advisors LLC grew its stake in shares of Willis Towers Watson Public by 71.7% in the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock worth $1,957,000 after acquiring an additional 2,775 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

Willis Towers Watson Public stock opened at $322.00 on Monday. Willis Towers Watson Public Limited has a 12-month low of $234.01 and a 12-month high of $322.88. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The business’s 50-day simple moving average is $301.34 and its 200 day simple moving average is $281.55.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same period last year, the company earned $2.24 EPS. The firm’s revenue was up 5.7% on a year-over-year basis. On average, equities analysts predict that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal year.

Analysts Set New Price Targets

WTW has been the topic of several research reports. Wells Fargo & Company boosted their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Barclays boosted their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Keefe, Bruyette & Woods boosted their price target on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Finally, Truist Financial raised their target price on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. One 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. Based on data from MarketBeat.com, Willis Towers Watson Public has an average rating of “Hold” and a consensus target price of $313.87.

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.