Coldstream Capital Management Inc. Has $495,000 Stake in Willis Towers Watson Public Limited Company $WTW

Coldstream Capital Management Inc. increased its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 13.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,615 shares of the company’s stock after purchasing an additional 190 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Willis Towers Watson Public were worth $495,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. WPG Advisers LLC acquired a new stake in shares of Willis Towers Watson Public in the first quarter worth $43,000. Geneos Wealth Management Inc. raised its holdings in Willis Towers Watson Public by 38.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after acquiring an additional 39 shares during the period. Zions Bancorporation National Association UT acquired a new position in Willis Towers Watson Public during the 1st quarter worth $54,000. Ameritas Advisory Services LLC bought a new stake in Willis Towers Watson Public during the second quarter valued at about $70,000. Finally, SVB Wealth LLC bought a new stake in Willis Towers Watson Public during the first quarter valued at about $90,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Wells Fargo & Company lifted their price objective on Willis Towers Watson Public from $377.00 to $382.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. Cantor Fitzgerald initiated coverage on Willis Towers Watson Public in a research report on Wednesday, August 13th. They issued a “neutral” rating and a $355.00 price target on the stock. Wolfe Research raised Willis Towers Watson Public to a “hold” rating in a research report on Monday, September 15th. Morgan Stanley raised their price objective on shares of Willis Towers Watson Public from $335.00 to $345.00 and gave the stock an “equal weight” rating in a research note on Monday, August 18th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Willis Towers Watson Public in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and a consensus target price of $368.62.

Willis Towers Watson Public Stock Up 0.2%

WTW opened at $321.23 on Friday. The company has a market capitalization of $30.76 billion, a P/E ratio of 220.02, a P/E/G ratio of 2.54 and a beta of 0.69. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.90 and a quick ratio of 1.90. The firm’s fifty day moving average price is $329.85 and its two-hundred day moving average price is $320.40. Willis Towers Watson Public Limited Company has a fifty-two week low of $292.97 and a fifty-two week high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, October 30th. The company reported $3.07 EPS for the quarter, topping analysts’ consensus estimates of $3.05 by $0.02. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same period last year, the firm earned $2.93 EPS. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. On average, analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public announced that its board has authorized a share repurchase plan on Thursday, September 18th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 4.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

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.