Willis Towers Watson Public Limited (NASDAQ:WTW) is Baupost Group LLC MA’s 2nd Largest Position

Baupost Group LLC MA grew its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 7.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,781,206 shares of the company’s stock after buying an additional 128,558 shares during the period. Willis Towers Watson Public accounts for approximately 14.9% of Baupost Group LLC MA’s holdings, making the stock its 2nd biggest holding. Baupost Group LLC MA’s holdings in Willis Towers Watson Public were worth $524,619,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Mizuho Securities USA LLC boosted its position in Willis Towers Watson Public by 95,880.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after purchasing an additional 7,561,114 shares during the period. Bank of New York Mellon Corp boosted its position in Willis Towers Watson Public by 17.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock worth $453,123,000 after purchasing an additional 261,562 shares during the period. Acadian Asset Management LLC boosted its position in Willis Towers Watson Public by 53.0% during the 2nd quarter. Acadian Asset Management LLC now owns 638,535 shares of the company’s stock worth $167,352,000 after purchasing an additional 221,108 shares during the period. American Century Companies Inc. boosted its position in Willis Towers Watson Public by 22.5% during the 2nd quarter. American Century Companies Inc. now owns 1,006,728 shares of the company’s stock worth $263,904,000 after purchasing an additional 185,126 shares during the period. Finally, Point72 Asset Management L.P. lifted its holdings in Willis Towers Watson Public by 456.5% in the 2nd quarter. Point72 Asset Management L.P. now owns 198,389 shares of the company’s stock worth $52,006,000 after buying an additional 162,741 shares in the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Trading Up 0.6 %

WTW 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 company’s 50-day moving average price is $299.46 and its 200 day moving average price is $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 (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. The firm had revenue of $2.29 billion for 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%. Willis Towers Watson Public’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.24 earnings per share. Equities research analysts predict that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Jefferies Financial Group boosted their price objective on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. Truist Financial boosted their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company boosted their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Barclays boosted 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. Finally, Roth Mkm boosted their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report 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 stock. Based on data from MarketBeat, Willis Towers Watson Public currently has an average rating of “Hold” and an average price target of $313.87.

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.