Capital Fund Management S.A. Invests $9.57 Million in Willis Towers Watson Public Limited Company $WTW

Capital Fund Management S.A. acquired a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 31,223 shares of the company’s stock, valued at approximately $9,570,000.

A number of other large investors have also bought and sold shares of WTW. State Board of Administration of Florida Retirement System raised its stake in shares of Willis Towers Watson Public by 0.9% in the second quarter. State Board of Administration of Florida Retirement System now owns 96,189 shares of the company’s stock valued at $29,482,000 after buying an additional 850 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in Willis Towers Watson Public in the 2nd quarter worth about $39,000. Quadrant Capital Group LLC raised its stake in Willis Towers Watson Public by 13.7% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,349 shares of the company’s stock valued at $413,000 after acquiring an additional 163 shares during the period. Choreo LLC lifted its holdings in Willis Towers Watson Public by 46.2% during the second quarter. Choreo LLC now owns 2,361 shares of the company’s stock valued at $726,000 after purchasing an additional 746 shares during the last quarter. Finally, Inceptionr LLC purchased a new stake in Willis Towers Watson Public during the second quarter valued at about $800,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on WTW. Wall Street Zen lowered shares of Willis Towers Watson Public from a “hold” rating to a “sell” rating in a research report on Friday. Cantor Fitzgerald initiated coverage on shares of Willis Towers Watson Public in a report on Wednesday, August 13th. They set a “neutral” rating and a $355.00 target price on the stock. Keefe, Bruyette & Woods cut their price target on Willis Towers Watson Public from $382.00 to $373.00 and set an “outperform” rating for the company in a report on Tuesday, November 4th. Piper Sandler reduced their price target on Willis Towers Watson Public from $387.00 to $356.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Finally, Morgan Stanley increased their price objective on Willis Towers Watson Public from $335.00 to $345.00 and gave the stock an “equal weight” rating in a report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $368.62.

Willis Towers Watson Public Trading Down 0.0%

Willis Towers Watson Public stock opened at $321.08 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.90 and a current ratio of 1.90. Willis Towers Watson Public Limited Company has a fifty-two week low of $292.97 and a fifty-two week high of $352.79. The stock has a market cap of $30.74 billion, a P/E ratio of 219.92, a PEG ratio of 2.54 and a beta of 0.69. The firm’s fifty day moving average price is $329.54 and its 200-day moving average price is $320.61.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, October 30th. The company reported $3.07 EPS for the quarter, topping the consensus estimate of $3.05 by $0.02. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The business 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 business earned $2.93 earnings per share. The firm’s revenue was up .0% on a year-over-year basis. Equities research analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public declared that its board has authorized a stock buyback program on Thursday, September 18th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 4.6% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

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.