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

BNP Paribas Financial Markets raised its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 33.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 186,332 shares of the company’s stock after acquiring an additional 47,148 shares during the period. BNP Paribas Financial Markets owned approximately 0.19% of Willis Towers Watson Public worth $54,880,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Price T Rowe Associates Inc. MD increased its stake in Willis Towers Watson Public by 4.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 154,973 shares of the company’s stock valued at $42,618,000 after buying an additional 6,118 shares during the period. Tidal Investments LLC raised its holdings in Willis Towers Watson Public by 10.5% in the 1st quarter. Tidal Investments LLC now owns 7,753 shares of the company’s stock valued at $2,132,000 after acquiring an additional 735 shares during the last quarter. iA Global Asset Management Inc. acquired a new position in Willis Towers Watson Public in the 1st quarter valued at $278,000. LRI Investments LLC acquired a new position in Willis Towers Watson Public in the 1st quarter valued at $58,000. Finally, Swedbank AB acquired a new stake in shares of Willis Towers Watson Public during the 1st quarter worth $4,512,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

NASDAQ:WTW opened at $320.86 on Friday. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public Limited has a 52 week low of $234.01 and a 52 week high of $321.63. The firm has a 50-day moving average price of $300.67 and a two-hundred day moving average price of $280.71.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.68 by $0.25. The firm had revenue of $2.29 billion during 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 company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $2.24 EPS. Analysts forecast that Willis Towers Watson Public Limited will post 16.7 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on WTW shares. Keefe, Bruyette & Woods upped their price target on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Barclays upped their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Truist Financial upped 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. Finally, Jefferies Financial Group upped their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $313.87.

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.