Cerity Partners LLC boosted its stake in Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) by 190.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,725 shares of the company’s stock after purchasing an additional 10,965 shares during the quarter. Cerity Partners LLC’s holdings in Willis Towers Watson Public were worth $4,926,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its stake in Willis Towers Watson Public by 4.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 154,973 shares of the company’s stock valued at $42,618,000 after acquiring an additional 6,118 shares during the last quarter. Tidal Investments LLC increased its stake in shares of Willis Towers Watson Public by 10.5% in the 1st quarter. Tidal Investments LLC now owns 7,753 shares of the company’s stock valued at $2,132,000 after purchasing an additional 735 shares during the last quarter. iA Global Asset Management Inc. acquired a new position in shares of Willis Towers Watson Public during the 1st quarter worth $278,000. LRI Investments LLC bought a new stake in shares of Willis Towers Watson Public during the 1st quarter worth $58,000. Finally, Swedbank AB acquired a new stake in Willis Towers Watson Public in the first quarter valued at about $4,512,000. Institutional investors own 93.09% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on WTW shares. Keefe, Bruyette & Woods increased their target price on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. Truist Financial increased their price objective on shares of 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. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Jefferies Financial Group increased their price target on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Finally, Wells Fargo & Company boosted their price objective on 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. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $313.87.
Willis Towers Watson Public Stock Up 1.3 %
Willis Towers Watson Public stock opened at $320.86 on Friday. The firm has a 50 day moving average price of $300.67 and a two-hundred day moving average price of $280.71. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. Willis Towers Watson Public Limited has a 52-week low of $234.01 and a 52-week high of $321.63. The firm has a market cap of $32.32 billion, a price-to-earnings ratio of -44.07, a PEG ratio of 1.97 and a beta of 0.73.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. The business had revenue of $2.29 billion for the quarter, compared to analysts’ expectations 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 business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.24 earnings per share. Equities analysts predict that Willis Towers Watson Public Limited will post 16.7 EPS for the current 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.
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