Blueshift Asset Management LLC Lowers Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Blueshift Asset Management LLC trimmed its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 13.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,627 shares of the company’s stock after selling 401 shares during the quarter. Blueshift Asset Management LLC’s holdings in Willis Towers Watson Public were worth $774,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Capital Performance Advisors LLP bought a new position in shares of Willis Towers Watson Public in the third quarter worth approximately $27,000. American National Bank purchased a new position in Willis Towers Watson Public in the 2nd quarter worth approximately $36,000. Ashton Thomas Securities LLC bought a new position in Willis Towers Watson Public in the 3rd quarter valued at approximately $41,000. New Millennium Group LLC purchased a new stake in Willis Towers Watson Public during the 2nd quarter valued at $54,000. Finally, LRI Investments LLC bought a new stake in shares of Willis Towers Watson Public in the 1st quarter worth $58,000. 93.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Roth Mkm increased their price objective on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Wells Fargo & Company boosted their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. Finally, Truist Financial boosted their target price on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $313.87.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $320.86 on Thursday. The business’s fifty day moving average is $300.03 and its 200 day moving average is $280.43. Willis Towers Watson Public Limited has a fifty-two week low of $234.01 and a fifty-two week high of $321.63. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The company 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 (NASDAQ:WTW) last posted its quarterly earnings data 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 firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.24 EPS. Sell-side analysts predict that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current 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.