Bridgewater Associates LP Acquires 25,936 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Bridgewater Associates LP raised its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 23.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 135,001 shares of the company’s stock after acquiring an additional 25,936 shares during the period. Bridgewater Associates LP owned about 0.13% of Willis Towers Watson Public worth $39,762,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Swedbank AB acquired a new position in Willis Towers Watson Public in the 1st quarter worth about $4,512,000. Diversified Trust Co increased its stake in shares of Willis Towers Watson Public by 38.4% in the second quarter. Diversified Trust Co now owns 6,716 shares of the company’s stock valued at $1,761,000 after buying an additional 1,863 shares during the period. AMF Tjanstepension AB raised 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 valued at $11,564,000 after buying an additional 2,744 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Willis Towers Watson Public by 4.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 154,973 shares of the company’s stock valued at $42,618,000 after buying an additional 6,118 shares during the last quarter. Finally, OneDigital Investment Advisors LLC boosted its position in Willis Towers Watson Public by 71.7% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock worth $1,957,000 after buying an additional 2,775 shares during the period. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

WTW stock opened at $316.65 on Wednesday. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week high of $320.77. The stock’s 50 day simple moving average is $299.46 and its 200 day simple moving average is $280.14. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping 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 firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the prior year, the company posted $2.24 earnings per share. The business’s revenue was up 5.7% on a year-over-year basis. Equities research analysts forecast that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Jefferies Financial Group upped their price target on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Keefe, Bruyette & Woods increased their price objective on Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Barclays raised 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, Roth Mkm upped their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average 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.