American National Bank Purchases Shares of 137 Willis Towers Watson Public Limited (NASDAQ:WTW)

American National Bank acquired a new stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) during the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 137 shares of the company’s stock, valued at approximately $36,000.

A number of other large investors also recently modified their holdings of the company. Richardson Financial Services Inc. bought a new position in shares of Willis Towers Watson Public during the first quarter valued at about $28,000. Hexagon Capital Partners LLC boosted its stake in shares of Willis Towers Watson Public by 168.8% during the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock valued at $31,000 after purchasing an additional 81 shares during the period. HHM Wealth Advisors LLC bought a new position in shares of Willis Towers Watson Public in the fourth quarter worth approximately $34,000. Beacon Capital Management LLC increased its stake in shares of Willis Towers Watson Public by 136.5% in the first 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 period. Finally, Glassman Wealth Services bought a new stake in Willis Towers Watson Public during the 4th quarter valued at $49,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on WTW shares. Piper Sandler boosted their price objective on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Citigroup dropped their price objective on Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating for the company in a report on Monday, April 29th. Keefe, Bruyette & Woods boosted their target price on Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. Evercore ISI raised their price target on Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an “in-line” rating in a research note on Friday, April 26th. Finally, Morgan Stanley reduced their price objective on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and an average target price of $300.21.

Willis Towers Watson Public Stock Up 0.3 %

Shares of WTW stock traded up $0.98 during mid-day trading on Thursday, hitting $284.66. The company’s stock had a trading volume of 229,740 shares, compared to its average volume of 445,368. Willis Towers Watson Public Limited has a 52-week low of $200.61 and a 52-week high of $286.13. The business has a 50-day moving average price of $268.80 and a 200 day moving average price of $265.93. The stock has a market cap of $28.91 billion, a price-to-earnings ratio of 28.69, a PEG ratio of 1.44 and a beta of 0.73. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.94 and a current ratio of 1.94.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.28 by $0.27. The company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. Willis Towers Watson Public’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.05 earnings per share. Research analysts predict that Willis Towers Watson Public Limited will post 16.62 EPS for the current fiscal year.

About Willis Towers Watson Public

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.