BNP Paribas Financial Markets Raises Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

BNP Paribas Financial Markets boosted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 33.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 186,332 shares of the company’s stock after buying an additional 47,148 shares during the period. BNP Paribas Financial Markets’ holdings in Willis Towers Watson Public were worth $54,880,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Brooklyn Investment Group bought a new position in Willis Towers Watson Public in the 3rd quarter valued at $164,000. Quantbot Technologies LP boosted its holdings in Willis Towers Watson Public by 87.0% in the 3rd quarter. Quantbot Technologies LP now owns 5,620 shares of the company’s stock valued at $1,655,000 after purchasing an additional 2,614 shares during the period. FMR LLC lifted 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 last quarter. Dai ichi Life Insurance Company Ltd lifted 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 last quarter. Finally, Qsemble Capital Management LP bought a new stake in shares of Willis Towers Watson Public during the 3rd quarter worth $1,273,000. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on WTW shares. Barclays lifted their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Jefferies Financial Group boosted their price target on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Roth Mkm boosted their price objective on shares of 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. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a research report on Tuesday, November 5th. 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. According to MarketBeat, Willis Towers Watson Public presently has an average rating of “Hold” and a consensus target price of $313.87.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock opened at $320.86 on Friday. The company’s 50-day moving average price is $300.67 and its 200-day moving average price is $280.71. Willis Towers Watson Public Limited has a twelve month low of $234.01 and a twelve month 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.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates 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 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 firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. Analysts predict that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current year.

Willis Towers Watson Public Company 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.