Plato Investment Management Ltd Makes New Investment in Willis Towers Watson Public Limited Company $WTW

Plato Investment Management Ltd acquired a new stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the second quarter, Holdings Channel reports. The firm acquired 2,391 shares of the company’s stock, valued at approximately $621,000.

Several other large investors also recently modified their holdings of the stock. AlTi Global Inc. lifted its holdings in shares of Willis Towers Watson Public by 1.1% during the fourth quarter. AlTi Global Inc. now owns 3,302 shares of the company’s stock valued at $1,088,000 after acquiring an additional 36 shares during the period. Larson Financial Group LLC grew its holdings in shares of Willis Towers Watson Public by 72.5% in the 4th quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock worth $29,000 after purchasing an additional 37 shares during the last quarter. Crossmark Global Holdings Inc. increased its position in shares of Willis Towers Watson Public by 1.3% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 3,064 shares of the company’s stock worth $801,000 after purchasing an additional 38 shares in the last quarter. 44 Wealth Management LLC increased its position in shares of Willis Towers Watson Public by 1.3% during the 4th quarter. 44 Wealth Management LLC now owns 2,939 shares of the company’s stock worth $966,000 after purchasing an additional 39 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in Willis Towers Watson Public by 38.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after purchasing an additional 39 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Mizuho upped their price objective on shares of Willis Towers Watson Public from $338.00 to $361.00 and gave the stock an “outperform” rating in a research note on Thursday, July 9th. Keefe, Bruyette & Woods lifted their target price on shares of Willis Towers Watson Public from $381.00 to $394.00 and gave the company an “outperform” rating in a research note on Tuesday, August 4th. UBS Group boosted their target price on Willis Towers Watson Public from $382.00 to $405.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Willis Towers Watson Public in a report on Wednesday, August 12th. Finally, Cantor Fitzgerald lifted their price objective on Willis Towers Watson Public from $344.00 to $380.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $363.50.

Willis Towers Watson Public Trading Up 0.6%

WTW stock opened at $327.90 on Wednesday. The company has a market cap of $30.45 billion, a P/E ratio of 20.17, a PEG ratio of 0.95 and a beta of 0.42. Willis Towers Watson Public Limited Company has a twelve month low of $240.61 and a twelve month high of $352.79. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.74. The business has a fifty day moving average of $295.25 and a 200-day moving average of $287.81.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Thursday, July 30th. The company reported $3.35 EPS for the quarter, topping analysts’ consensus estimates of $3.12 by $0.23. Willis Towers Watson Public had a return on equity of 22.19% and a net margin of 15.49%.The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.42 billion. During the same period last year, the company earned $2.86 earnings per share. The company’s revenue was up 9.1% on a year-over-year basis. As a group, equities research analysts expect that Willis Towers Watson Public Limited Company will post 19.77 EPS for the current year.

Willis Towers Watson Public Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.