Cerity Partners LLC Has $4.93 Million Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Cerity Partners LLC raised its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 190.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,725 shares of the company’s stock after acquiring an additional 10,965 shares during the period. Cerity Partners LLC’s holdings in Willis Towers Watson Public were worth $4,926,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Mizuho Securities USA LLC lifted its position in Willis Towers Watson Public by 95,880.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock valued at $2,229,298,000 after acquiring an additional 7,561,114 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Willis Towers Watson Public by 0.5% in the third quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock valued at $589,698,000 after purchasing an additional 10,856 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Willis Towers Watson Public by 17.8% during the second quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock worth $453,123,000 after buying an additional 261,562 shares during the period. Baupost Group LLC MA raised its position in Willis Towers Watson Public by 6.2% in the 2nd quarter. Baupost Group LLC MA now owns 1,652,648 shares of the company’s stock valued at $433,225,000 after buying an additional 96,981 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Willis Towers Watson Public by 3.6% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,122,475 shares of the company’s stock valued at $294,246,000 after acquiring an additional 39,288 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on WTW. Keefe, Bruyette & Woods raised their price target on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 5th. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Wells Fargo & Company increased 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 note on Monday, November 4th. Truist Financial lifted their target price on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Finally, 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 report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $313.87.

Willis Towers Watson Public Price Performance

NASDAQ:WTW opened at $320.86 on Friday. The firm’s fifty day moving average price is $300.67 and its two-hundred day moving average price is $280.71. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The company has a market cap of $32.32 billion, a P/E ratio of -44.07, a P/E/G ratio of 1.97 and a beta of 0.73. Willis Towers Watson Public Limited has a one year low of $234.01 and a one year high of $321.63.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the prior year, the firm earned $2.24 EPS. The business’s revenue was up 5.7% on a year-over-year basis. Equities analysts expect that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current year.

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.