5 Best UK Stocks To Buy Now

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1. Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Number of Hedge Fund Holders: 50

Willis Towers Watson Public Limited Company (NASDAQ:WTW) operates as an advisory, broking, and solutions firm worldwide. The company offers actuarial support, plan design, administrative services, health and group benefit programs, and benefits outsourcing services. Willis Towers Watson Public Limited Company (NASDAQ:WTW) paid a $0.82 per share quarterly dividend to shareholders on October 17. It is one of the best UK stocks to invest in. 

On October 13, Piper Sandler analyst Paul Newsome upgraded Willis Towers Watson Public Limited Company (NASDAQ:WTW) to Overweight from Neutral with an unchanged price target of $250. The analyst attributed the upgrade to the firm’s valuation, as the stock is notably trading below the price target. He also thinks Willis Towers Watson Public Limited Company (NASDAQ:WTW)’s organic growth and cost saving initiatives could improve in the second half of the year “as management is publicly under pressure to deliver.”

According to Insider Monkey’s data, 50 hedge funds were long Willis Towers Watson Public Limited Company (NASDAQ:WTW) at the end of June 2022, compared to 49 funds in the prior quarter. Jean-Marie Eveillard’s First Eagle Investment Management is the largest stakeholder of the company, with 4.8 million shares worth $953.4 million. 

Here is what Artisan Partners specifically said about Willis Towers Watson Public Limited Company (NASDAQ:WTW) in its Q3 2022 investor letter:

“Willis Towers Watson Public Limited Company (NASDAQ:WTW) shares rose 2% in the quarter. This modest increase made it one of our best performers during a difficult quarter. Absent significant news, the business continues to benefit from a hard insurance market. Results are still lagging peers, but the management team seems to be making progress in closing the gap. In the meantime, the company is returning significant amounts of capital to shareholders. Over the past eight months, it has repurchased $4 billion in stock and reduced the share count by 15%. And there is more on the way. This is a good business in a fantastic industry trading at 12X normalized earnings . We believe it is worth much more.”

You can also take a look at 10 Best International Dividend Stocks To Buy and 10 Best TSX Stocks To Buy

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