KBC Group NV Raises Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

KBC Group NV boosted its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 5.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 17,438 shares of the company’s stock after acquiring an additional 860 shares during the quarter. KBC Group NV’s holdings in Willis Towers Watson Public were worth $5,462,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Planning grew its holdings in shares of Willis Towers Watson Public by 0.3% in the second quarter. Creative Planning now owns 13,147 shares of the company’s stock worth $3,446,000 after purchasing an additional 43 shares during the last quarter. EP Wealth Advisors LLC grew its stake in Willis Towers Watson Public by 31.3% in the 2nd quarter. EP Wealth Advisors LLC now owns 1,262 shares of the company’s stock worth $331,000 after acquiring an additional 301 shares in the last quarter. Truist Financial Corp increased its position in shares of Willis Towers Watson Public by 0.9% during the second quarter. Truist Financial Corp now owns 11,479 shares of the company’s stock worth $3,009,000 after acquiring an additional 100 shares during the period. Cetera Investment Advisers raised its stake in shares of Willis Towers Watson Public by 8.5% during the second quarter. Cetera Investment Advisers now owns 7,691 shares of the company’s stock valued at $2,016,000 after acquiring an additional 600 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Willis Towers Watson Public in the second quarter valued at approximately $895,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on WTW. Barclays raised their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the company from $365.00 to $400.00 in a report on Thursday, December 5th. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Keefe, Bruyette & Woods boosted their price target on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Finally, Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and lifted their price objective for the company from $352.00 to $382.00 in a report on Friday, December 20th. One analyst has rated the stock with a sell rating, five have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and an average price target of $333.64.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $329.83 on Friday. Willis Towers Watson Public Limited has a 12-month low of $242.54 and a 12-month high of $334.99. The business’s fifty day simple moving average is $316.60 and its 200-day simple moving average is $299.12. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The company has a market cap of $33.22 billion, a PE ratio of -45.31, a PEG ratio of 1.72 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.25. The company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.24 EPS. Analysts expect that Willis Towers Watson Public Limited will post 16.75 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend was Tuesday, December 31st. Willis Towers Watson Public’s payout ratio is currently -48.35%.

Willis Towers Watson Public 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.