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

Transamerica Financial Advisors Inc. grew its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 61,100.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 612 shares of the company’s stock after acquiring an additional 611 shares during the period. Transamerica Financial Advisors Inc.’s holdings in Willis Towers Watson Public were worth $181,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets grew its holdings in shares of Willis Towers Watson Public by 33.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 186,332 shares of the company’s stock worth $54,880,000 after acquiring an additional 47,148 shares during the period. Brooklyn Investment Group purchased a new position in shares of Willis Towers Watson Public during the 3rd quarter worth approximately $164,000. Quantbot Technologies LP grew its holdings in shares of Willis Towers Watson Public by 87.0% during the 3rd quarter. Quantbot Technologies LP now owns 5,620 shares of the company’s stock worth $1,655,000 after acquiring an additional 2,614 shares during the period. FMR LLC grew its holdings in shares of Willis Towers Watson Public by 2.0% during the 3rd quarter. FMR LLC now owns 2,416,455 shares of the company’s stock worth $711,718,000 after acquiring an additional 48,384 shares during the period. Finally, Dai ichi Life Insurance Company Ltd grew its holdings in shares of Willis Towers Watson Public by 184.1% during the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 20,736 shares of the company’s stock worth $6,107,000 after acquiring an additional 13,437 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Jefferies Financial Group boosted their price target 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. Keefe, Bruyette & Woods boosted their price target 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 boosted their price target 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. Truist Financial boosted their price target 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. Finally, Roth Mkm boosted their price target on Willis Towers Watson Public from $315.00 to $345.00 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’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $313.87.

Willis Towers Watson Public Stock Performance

WTW stock opened at $320.86 on Thursday. The stock has a market capitalization of $32.32 billion, a PE ratio of -44.07, a price-to-earnings-growth ratio of 1.97 and a beta of 0.73. Willis Towers Watson Public Limited has a 12-month low of $234.01 and a 12-month high of $321.63. 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 stock’s 50 day simple moving average is $300.03 and its 200 day simple moving average is $280.43.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. The business 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 company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.24 EPS. As a group, 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.