Willis Towers Watson Public Limited (NASDAQ:WTW) Shares Acquired by KBC Group NV

KBC Group NV increased its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 11.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,578 shares of the company's stock after purchasing an additional 1,707 shares during the quarter. KBC Group NV's holdings in Willis Towers Watson Public were worth $4,883,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in shares of Willis Towers Watson Public by 17.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company's stock valued at $453,123,000 after purchasing an additional 261,562 shares in the last quarter. Acadian Asset Management LLC boosted its stake in Willis Towers Watson Public by 53.0% during the second quarter. Acadian Asset Management LLC now owns 638,535 shares of the company's stock worth $167,352,000 after acquiring an additional 221,108 shares in the last quarter. American Century Companies Inc. boosted its stake in Willis Towers Watson Public by 22.5% during the second quarter. American Century Companies Inc. now owns 1,006,728 shares of the company's stock worth $263,904,000 after acquiring an additional 185,126 shares in the last quarter. Point72 Asset Management L.P. raised its holdings in Willis Towers Watson Public by 456.5% in the second quarter. Point72 Asset Management L.P. now owns 198,389 shares of the company's stock worth $52,006,000 after buying an additional 162,741 shares during the last quarter. Finally, Hsbc Holdings PLC raised its holdings in Willis Towers Watson Public by 161.4% in the second quarter. Hsbc Holdings PLC now owns 190,101 shares of the company's stock worth $50,032,000 after buying an additional 117,372 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on WTW. Roth Mkm upped their target price on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a "buy" rating in a report on Wednesday, October 2nd. Barclays started coverage on shares of Willis Towers Watson Public in a research note on Wednesday, September 4th. They set an "underweight" rating and a $278.00 price target on the stock. Keefe, Bruyette & Woods increased their target price on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the company an "outperform" rating in a research note on Tuesday, November 5th. Wells Fargo & Company increased their target price on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a research note on Monday, November 4th. Finally, Truist Financial increased their target price on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a "buy" rating in a research note on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Willis Towers Watson Public has an average rating of "Hold" and a consensus price target of $312.27.

Willis Towers Watson Public Trading Up 0.3 %

Shares of WTW stock traded up $0.84 during trading on Monday, hitting $313.49. 272,279 shares of the stock traded hands, compared to its average volume of 481,743. 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 firm has a market capitalization of $31.57 billion, a P/E ratio of -42.95, a price-to-earnings-growth ratio of 1.95 and a beta of 0.73. The firm's fifty day moving average price is $296.49 and its 200-day moving average price is $277.24. Willis Towers Watson Public Limited has a 52-week low of $234.01 and a 52-week high of $320.77.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping analysts' consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The business's quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.24 earnings per share. As a group, research analysts forecast that Willis Towers Watson Public Limited will post 16.67 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.88 dividend. The ex-dividend date was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.12%. Willis Towers Watson Public's dividend payout ratio (DPR) is presently -48.35%.

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.