Willis Towers Watson Public Limited Company (NASDAQ:WTW) Holdings Raised by Kovitz Investment Group Partners LLC

Key Points

• Kovitz Investment Group Partners LLC significantly increased its stake in Willis Towers Watson by 1,022.2%, owning 20,917 shares valued at approximately $7.07 million.
• Willis Towers Watson reported earnings of $2.86 per share for the most recent quarter, beating estimates of $2.65, alongside a revenue of $2.26 billion.
• Analysts have issued mixed ratings for the stock, with a consensus rating of "Moderate Buy" and a price target averaging $364.55.

Kovitz Investment Group Partners LLC boosted its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 1,022.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,917 shares of the company's stock after buying an additional 19,053 shares during the period. Kovitz Investment Group Partners LLC's holdings in Willis Towers Watson Public were worth $7,069,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Dynamic Advisor Solutions LLC lifted its holdings in Willis Towers Watson Public by 1.8% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 2,018 shares of the company's stock valued at $682,000 after acquiring an additional 35 shares during the last quarter. Vident Advisory LLC raised its holdings in shares of Willis Towers Watson Public by 2.8% in the 4th quarter. Vident Advisory LLC now owns 1,405 shares of the company's stock worth $440,000 after purchasing an additional 38 shares in the last quarter. Brighton Jones LLC lifted its stake in Willis Towers Watson Public by 2.9% during the first quarter. Brighton Jones LLC now owns 1,408 shares of the company's stock valued at $476,000 after purchasing an additional 40 shares during the last quarter. Mather Group LLC. lifted its stake in Willis Towers Watson Public by 6.2% during the first quarter. Mather Group LLC. now owns 718 shares of the company's stock valued at $243,000 after purchasing an additional 42 shares during the last quarter. Finally, Forum Financial Management LP increased its holdings in shares of Willis Towers Watson Public by 3.8% in the fourth quarter. Forum Financial Management LP now owns 1,197 shares of the company's stock valued at $375,000 after buying an additional 44 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company's stock.

Willis Towers Watson Public Stock Up 0.2%

WTW stock opened at $330.50 on Friday. The company has a 50 day moving average of $309.24 and a two-hundred day moving average of $316.69. The company has a market cap of $32.24 billion, a price-to-earnings ratio of 226.37, a PEG ratio of 2.64 and a beta of 0.67. Willis Towers Watson Public Limited Company has a 12-month low of $279.08 and a 12-month high of $344.14. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.58.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $2.86 earnings per share for the quarter, topping analysts' consensus estimates of $2.65 by $0.21. The business had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.23 billion. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. Willis Towers Watson Public's revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the prior year, the business posted $2.55 earnings per share. On average, equities analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

WTW has been the subject of several analyst reports. Citigroup initiated coverage on Willis Towers Watson Public in a report on Wednesday. They set a "neutral" rating and a $351.00 target price for the company. Barclays reduced their price objective on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating for the company in a research note on Monday, July 7th. Wells Fargo & Company dropped their target price on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating on the stock in a research report on Thursday, July 10th. Cantor Fitzgerald started coverage on shares of Willis Towers Watson Public in a report on Wednesday. They set a "neutral" rating and a $355.00 price target on the stock. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Willis Towers Watson Public has a consensus rating of "Moderate Buy" and a consensus price target of $364.55.

Insiders Place Their Bets

In other news, CFO Andrew Jay Krasner sold 1,600 shares of Willis Towers Watson Public stock in a transaction dated Tuesday, June 3rd. The stock was 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 $3,783,316.50. The trade was a 11.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.32% of the stock is currently owned by insiders.

Willis Towers Watson Public Company 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.

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