Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Acquired by Citigroup Inc.

Citigroup Inc. raised its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 7.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 90,110 shares of the company’s stock after purchasing an additional 6,051 shares during the quarter. Citigroup Inc.’s holdings in Willis Towers Watson Public were worth $26,540,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of WTW. Capital Performance Advisors LLP bought a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at approximately $27,000. American National Bank bought a new stake in Willis Towers Watson Public during the second quarter valued at $36,000. Ashton Thomas Securities LLC acquired a new stake in shares of Willis Towers Watson Public during the third quarter worth $41,000. Beacon Capital Management LLC lifted its position in shares of Willis Towers Watson Public by 136.5% in the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after buying an additional 101 shares during the last quarter. Finally, New Millennium Group LLC acquired a new position in shares of Willis Towers Watson Public in the 2nd quarter valued at about $54,000. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW opened at $314.63 on Tuesday. The stock’s fifty day simple moving average is $298.98 and its 200 day simple moving average is $279.72. The stock has a market capitalization of $31.69 billion, a price-to-earnings ratio of -43.22, a PEG ratio of 1.96 and a beta of 0.73. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public Limited has a 52-week low of $234.01 and a 52-week high of $320.77.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter last year, the business posted $2.24 EPS. Willis Towers Watson Public’s revenue was up 5.7% on a year-over-year basis. As a group, sell-side analysts forecast that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

WTW has been the topic of a number of recent research reports. Roth Mkm raised their target price on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Keefe, Bruyette & Woods raised their price target on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Truist Financial raised their target price on 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. Finally, Jefferies Financial Group upped their price target on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target 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.