BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Has $5.02 Million Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp decreased its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 13.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,058 shares of the company’s stock after selling 2,570 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Willis Towers Watson Public were worth $5,024,000 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 stock. Mizuho Securities USA LLC raised its holdings in Willis Towers Watson Public by 95,880.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock valued at $2,229,298,000 after acquiring an additional 7,561,114 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Willis Towers Watson Public by 277.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock valued at $248,706,000 after purchasing an additional 620,926 shares during the period. Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Willis Towers Watson Public by 47,515.7% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock valued at $147,255,000 after purchasing an additional 498,915 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Willis Towers Watson Public by 17.8% in the second 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. Finally, Acadian Asset Management LLC boosted its stake in Willis Towers Watson Public by 53.0% during the second quarter. Acadian Asset Management LLC now owns 638,535 shares of the company’s stock worth $167,352,000 after buying an additional 221,108 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW opened at $320.50 on Tuesday. 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 Limited has a 12-month low of $234.01 and a 12-month high of $322.88. The firm’s 50-day simple moving average is $301.93 and its 200 day simple moving average is $282.00.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the firm earned $2.24 EPS. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. 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 brokerages have recently issued reports on WTW. Truist Financial increased their price objective 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. Keefe, Bruyette & Woods raised their price target on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 5th. Wells Fargo & Company lifted their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Barclays increased their target price on 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, UBS Group raised Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. 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 MarketBeat, the stock currently has an average rating of “Hold” and an average target price 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.