KBC Group NV Acquires 1,707 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

KBC Group NV boosted its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 11.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,578 shares of the company’s stock after acquiring an additional 1,707 shares during the period. KBC Group NV’s holdings in Willis Towers Watson Public were worth $4,883,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Plato Investment Management Ltd bought a new stake in Willis Towers Watson Public in the third quarter worth $2,981,000. Victory Capital Management Inc. boosted its stake in Willis Towers Watson Public by 0.5% in the 3rd quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock worth $589,698,000 after purchasing an additional 10,856 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in Willis Towers Watson Public by 0.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 251,469 shares of the company’s stock valued at $74,065,000 after purchasing an additional 1,960 shares in the last quarter. GSA Capital Partners LLP purchased a new position in Willis Towers Watson Public in the third quarter worth about $262,000. Finally, Diamond Hill Capital Management Inc. lifted its stake in shares of Willis Towers Watson Public by 11.8% in the third quarter. Diamond Hill Capital Management Inc. now owns 74,858 shares of the company’s stock worth $22,048,000 after buying an additional 7,924 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

WTW has been the subject of a number of recent analyst reports. Barclays initiated coverage on shares of Willis Towers Watson Public in a report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price objective for the company. Jefferies Financial Group upped their price target on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. Roth Mkm boosted their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company raised their price target on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Finally, UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $312.27.

Willis Towers Watson Public Trading Down 0.7 %

Shares of Willis Towers Watson Public stock opened at $312.65 on Monday. Willis Towers Watson Public Limited has a 1-year low of $234.01 and a 1-year high of $320.77. The company’s fifty day simple moving average is $296.49 and its 200-day simple moving average is $277.08. 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 stock has a market capitalization of $31.49 billion, a PE ratio of -42.95, a P/E/G ratio of 1.95 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share 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 the consensus estimate 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%. Willis Towers Watson Public’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.24 earnings per share. As a group, equities analysts anticipate that Willis Towers Watson Public Limited will post 16.67 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -48.35%.

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.