Brooklyn Investment Group Takes Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Brooklyn Investment Group bought a new position in Willis Towers Watson Public Limited (NASDAQ:WTW) in the 3rd quarter, Holdings Channel.com reports. The fund bought 558 shares of the company’s stock, valued at approximately $164,000.

Several other hedge funds also recently bought and sold shares of the company. Mizuho Securities USA LLC lifted its stake 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 worth $2,229,298,000 after purchasing an additional 7,561,114 shares in the last quarter. FMR LLC lifted its stake in Willis Towers Watson Public by 2.0% in the 3rd quarter. FMR LLC now owns 2,416,455 shares of the company’s stock worth $711,718,000 after purchasing an additional 48,384 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Willis Towers Watson Public by 0.5% in the 3rd quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock worth $589,698,000 after purchasing an additional 10,856 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Willis Towers Watson Public by 17.8% in 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 in the last quarter. Finally, Baupost Group LLC MA lifted its stake in Willis Towers Watson Public by 6.2% in the 2nd quarter. Baupost Group LLC MA now owns 1,652,648 shares of the company’s stock worth $433,225,000 after purchasing an additional 96,981 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 $320.86 on Thursday. The company has a market capitalization of $32.32 billion, a price-to-earnings ratio of -44.07, a PEG ratio of 1.97 and a beta of 0.73. Willis Towers Watson Public Limited has a 12 month low of $234.01 and a 12 month high of $321.63. The firm’s 50-day moving average is $300.03 and its 200 day moving average is $280.43. 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 issued its quarterly 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. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.24 EPS. Research analysts predict that Willis Towers Watson Public Limited will post 16.7 EPS for the current year.

Analysts Set New Price Targets

WTW has been the topic of several research analyst reports. Roth Mkm boosted their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Keefe, Bruyette & Woods upped their target price 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. Barclays upped their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Wells Fargo & Company upped their target price on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Finally, UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Willis Towers Watson Public currently has an average rating of “Hold” and an average price target of $313.87.

Willis Towers Watson Public 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.