Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its holdings in Willis Towers Watson Public Limited (NASDAQ:WTWFree Report) by 12.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,487 shares of the company’s stock after acquiring an additional 12,678 shares during the quarter. BNP Paribas Financial Markets’ holdings in Willis Towers Watson Public were worth $27,614,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC bought a new stake in Willis Towers Watson Public during the fourth quarter worth approximately $29,000. Hexagon Capital Partners LLC grew its holdings in Willis Towers Watson Public by 168.8% during the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock worth $31,000 after acquiring an additional 81 shares during the period. Loomis Sayles & Co. L P bought a new stake in Willis Towers Watson Public in the third quarter worth about $28,000. HHM Wealth Advisors LLC acquired a new stake in Willis Towers Watson Public in the 4th quarter valued at about $34,000. Finally, Massmutual Trust Co. FSB ADV lifted its holdings in Willis Towers Watson Public by 112.8% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock valued at $48,000 after acquiring an additional 106 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $253.68 on Tuesday. The stock’s 50-day moving average is $265.64 and its two-hundred day moving average is $254.77. Willis Towers Watson Public Limited has a fifty-two week low of $195.29 and a fifty-two week high of $278.86. The firm has a market cap of $25.94 billion, a P/E ratio of 25.44, a PEG ratio of 1.47 and a beta of 0.75. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 1.89.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.21 by $0.08. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.37 billion. During the same quarter in the prior year, the company posted $2.84 EPS. The firm’s revenue was up 4.3% on a year-over-year basis. Analysts predict that Willis Towers Watson Public Limited will post 16.28 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were issued a $0.88 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $3.52 dividend on an annualized basis and a yield of 1.39%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s dividend payout ratio (DPR) is 35.31%.

Insider Buying and Selling

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the stock in a transaction on Friday, March 1st. The shares were sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the transaction, the chief financial officer now owns 4,170 shares in the company, valued at approximately $1,134,782.10. The sale was disclosed in a filing with the SEC, which is available at this link. 0.22% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Stifel Nicolaus increased their target price on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the company a “hold” rating in a research note on Wednesday, February 7th. Truist Financial lifted their target price on Willis Towers Watson Public from $275.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. BMO Capital Markets raised Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and upped their target price for the company from $236.00 to $298.00 in a report on Monday, February 12th. Piper Sandler upped their price objective on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Finally, Citigroup cut their price target on shares of Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating on the stock in a report on Monday, April 29th. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $295.54.

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About Willis Towers Watson Public

(Free Report)

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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Institutional Ownership by Quarter for Willis Towers Watson Public (NASDAQ:WTW)

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