Willis Towers Watson Public Limited (NASDAQ:WTW) Stock Position Raised by Baupost Group LLC MA

Baupost Group LLC MA raised its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 7.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,781,206 shares of the company’s stock after purchasing an additional 128,558 shares during the quarter. Willis Towers Watson Public accounts for about 14.9% of Baupost Group LLC MA’s holdings, making the stock its 2nd biggest position. Baupost Group LLC MA owned approximately 1.77% of Willis Towers Watson Public worth $524,619,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new stake in shares of Willis Towers Watson Public during the 3rd quarter valued at approximately $27,000. American National Bank acquired a new stake in shares of Willis Towers Watson Public during the 2nd quarter valued at approximately $36,000. Ashton Thomas Securities LLC acquired a new stake in shares of Willis Towers Watson Public during the 3rd quarter valued at approximately $41,000. Beacon Capital Management LLC lifted its position in shares of Willis Towers Watson Public by 136.5% during the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after acquiring an additional 101 shares during the period. Finally, New Millennium Group LLC acquired a new stake in shares of Willis Towers Watson Public during the 2nd quarter valued at approximately $54,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Analyst Ratings Changes

WTW has been the subject of several research reports. Wells Fargo & Company lifted their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Keefe, Bruyette & Woods lifted their price objective on 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. 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 report on Thursday, November 21st. Finally, Jefferies Financial Group lifted their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. 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’s stock. According to MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Hold” and a consensus price target of $313.87.

Willis Towers Watson Public Price Performance

Shares of WTW opened at $316.65 on Wednesday. The stock has a fifty day moving average of $299.46 and a two-hundred day moving average of $280.14. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week high of $320.77.

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, beating the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the previous year, the company earned $2.24 EPS. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. Equities research analysts forecast that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current fiscal year.

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.