Willis Towers Watson Public Limited Company (NASDAQ:WTW) Shares Bought by Cerity Partners LLC

Cerity Partners LLC boosted its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 13.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,473 shares of the company's stock after buying an additional 2,300 shares during the quarter. Cerity Partners LLC's holdings in Willis Towers Watson Public were worth $6,581,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Wayfinding Financial LLC purchased a new stake in shares of Willis Towers Watson Public in the first quarter worth approximately $25,000. Cornerstone Planning Group LLC raised its holdings in shares of Willis Towers Watson Public by 750.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 85 shares of the company's stock worth $28,000 after purchasing an additional 75 shares during the period. McIlrath & Eck LLC bought a new position in Willis Towers Watson Public during the fourth quarter valued at $30,000. Crewe Advisors LLC bought a new position in shares of Willis Towers Watson Public during the 1st quarter worth $32,000. Finally, GeoWealth Management LLC lifted its holdings in Willis Towers Watson Public by 94.9% during the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company's stock valued at $36,000 after purchasing an additional 56 shares during the last quarter. Institutional investors own 93.09% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on WTW. Wells Fargo & Company cut their price target on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating for the company in a report on Thursday, July 10th. Jefferies Financial Group lowered their price target on Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Keefe, Bruyette & Woods dropped their target price on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. Finally, Barclays cut their price target on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating for the company in a research report on Monday, July 7th. One research analyst has rated the stock with a sell rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $367.11.

Insiders Place Their Bets

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of Willis Towers Watson Public stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total transaction of $505,200.00. Following the completion of the sale, the chief financial officer directly owned 11,982 shares in the company, valued at approximately $3,783,316.50. The trade was a 11.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.32% of the stock is currently owned by company insiders.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW traded down $3.89 during trading on Thursday, hitting $303.71. 604,807 shares of the company's stock were exchanged, compared to its average volume of 616,267. The business's 50-day simple moving average is $306.25 and its 200 day simple moving average is $316.58. The company has a market cap of $30.11 billion, a price-to-earnings ratio of -607.21, a PEG ratio of 2.59 and a beta of 0.68. Willis Towers Watson Public Limited Company has a 52-week low of $262.57 and a 52-week high of $344.14. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.89 and a quick ratio of 1.89.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing analysts' consensus estimates of $3.27 by ($0.14). The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.29 billion. Willis Towers Watson Public had a negative net margin of 0.54% and a positive return on equity of 20.53%. The firm's revenue was down 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.13 earnings per share. As a group, equities analysts predict that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a $0.92 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.21%. Willis Towers Watson Public's dividend payout ratio is presently -736.00%.

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.