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

BNP Paribas Financial Markets raised its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 72.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 197,022 shares of the company’s stock after acquiring an additional 82,535 shares during the quarter. BNP Paribas Financial Markets owned 0.19% of Willis Towers Watson Public worth $54,181,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. First Eagle Investment Management LLC lifted its holdings in Willis Towers Watson Public by 2.9% in the 4th quarter. First Eagle Investment Management LLC now owns 5,568,252 shares of the company’s stock valued at $1,343,062,000 after acquiring an additional 158,234 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Willis Towers Watson Public by 4,811.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,472,707 shares of the company’s stock valued at $355,217,000 after acquiring an additional 1,442,722 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Willis Towers Watson Public by 2.3% during the first quarter. Bank of New York Mellon Corp now owns 1,466,992 shares of the company’s stock valued at $403,423,000 after buying an additional 32,792 shares in the last quarter. Norges Bank purchased a new stake in Willis Towers Watson Public during the fourth quarter valued at about $300,782,000. Finally, American Century Companies Inc. lifted its stake in Willis Towers Watson Public by 25.4% during the third quarter. American Century Companies Inc. now owns 1,093,722 shares of the company’s stock valued at $228,544,000 after buying an additional 221,450 shares in the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Up 0.5 %

NASDAQ:WTW traded up $1.27 during mid-day trading on Friday, reaching $261.61. The stock had a trading volume of 373,605 shares, compared to its average volume of 443,404. The business’s 50 day moving average is $256.18 and its 200 day moving average is $259.14. Willis Towers Watson Public Limited has a fifty-two week low of $195.29 and a fifty-two week high of $278.86. The stock has a market cap of $26.75 billion, a P/E ratio of 26.24, a PEG ratio of 1.48 and a beta of 0.73. 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:WTW) last released its quarterly earnings data on Thursday, April 25th. The company reported $3.29 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.37 billion. During the same quarter in the prior year, the company posted $2.84 earnings per share. The firm’s revenue was up 4.3% on a year-over-year basis. As a group, sell-side analysts predict that Willis Towers Watson Public Limited will post 16.27 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Sunday, June 30th will be issued a dividend of $0.88 per share. The ex-dividend date is Friday, June 28th. This represents a $3.52 annualized dividend and a yield of 1.35%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 35.31%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on WTW shares. 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. Keefe, Bruyette & Woods reduced their price objective on shares of Willis Towers Watson Public from $317.00 to $311.00 and set an “outperform” rating for the company in a research note on Monday, May 6th. Raymond James reaffirmed an “outperform” rating and set a $315.00 price objective (up from $295.00) on shares of Willis Towers Watson Public in a research note on Thursday, March 28th. Wells Fargo & Company upped their price objective on shares of Willis Towers Watson Public from $317.00 to $318.00 and gave the company an “overweight” rating in a research note on Thursday, June 20th. Finally, Evercore ISI upped their price objective on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the company an “in-line” rating in a research note on Friday, April 26th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Moderate Buy” and an average target price of $296.14.

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.