Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Sold by Atalan Capital Partners LP

Atalan Capital Partners LP reduced its stake in Willis Towers Watson Public Limited (NASDAQ:WTW) by 24.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 250,000 shares of the company’s stock after selling 80,000 shares during the quarter. Willis Towers Watson Public comprises 6.3% of Atalan Capital Partners LP’s investment portfolio, making the stock its 9th largest position. Atalan Capital Partners LP’s holdings in Willis Towers Watson Public were worth $73,632,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Swedbank AB acquired a new position in Willis Towers Watson Public during the 1st quarter worth approximately $4,512,000. Cetera Investment Advisers bought a new position in shares of Willis Towers Watson Public in the 1st quarter valued at about $1,950,000. Cetera Advisors LLC acquired a new stake in Willis Towers Watson Public in the 1st quarter valued at about $211,000. GAMMA Investing LLC grew its holdings in Willis Towers Watson Public by 72.1% during the second quarter. GAMMA Investing LLC now owns 1,227 shares of the company’s stock worth $322,000 after purchasing an additional 514 shares during the period. Finally, Massmutual Trust Co. FSB ADV boosted its stake in shares of Willis Towers Watson Public by 33.6% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 302 shares of the company’s stock worth $79,000 after acquiring an additional 76 shares during the period. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Up 0.4 %

Shares of NASDAQ WTW opened at $322.00 on Monday. The company has a 50 day simple moving average of $301.34 and a 200 day simple moving average of $281.55. 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 Limited has a 1 year low of $234.01 and a 1 year high of $322.88.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.25. The firm had revenue of $2.29 billion during 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 company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.24 earnings per share. Equities research analysts anticipate that Willis Towers Watson Public Limited will post 16.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WTW has been the subject of several research reports. Wells Fargo & Company raised their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Keefe, Bruyette & Woods lifted their price target 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 increased their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Truist Financial lifted their price objective on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Finally, Jefferies Financial Group increased their target price on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Willis Towers Watson Public presently 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.