Willis Towers Watson Public Limited Company $WTW Stock Holdings Lowered by American Century Companies Inc.

Key Points

• American Century Companies Inc. reduced its stake in Willis Towers Watson Public by 12.4%, owning approximately $220.17 million worth of shares at the end of the first quarter.
• The company's stock recently saw a 0.2% increase, with a current stock price of $330.50 and a market cap of $32.24 billion.
• Willis Towers Watson reported earnings of $2.86 per share, exceeding estimates, but experienced a slight revenue decline of 0.2% year-over-year with total revenue of $2.26 billion.

American Century Companies Inc. reduced its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 12.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 651,497 shares of the company's stock after selling 92,621 shares during the period. American Century Companies Inc. owned about 0.66% of Willis Towers Watson Public worth $220,174,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Willis Towers Watson Public by 77.5% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,788,542 shares of the company's stock valued at $873,483,000 after buying an additional 1,217,714 shares during the period. Northern Trust Corp boosted its holdings in shares of Willis Towers Watson Public by 14.3% in the 4th quarter. Northern Trust Corp now owns 1,216,487 shares of the company's stock valued at $381,052,000 after buying an additional 152,128 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Willis Towers Watson Public by 40,489.4% in the 1st quarter. GAMMA Investing LLC now owns 1,007,429 shares of the company's stock valued at $340,461,000 after buying an additional 1,004,947 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Willis Towers Watson Public by 10.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 936,390 shares of the company's stock valued at $293,315,000 after buying an additional 91,973 shares during the period. Finally, Janus Henderson Group PLC boosted its holdings in shares of Willis Towers Watson Public by 6,286.4% in the 4th quarter. Janus Henderson Group PLC now owns 862,869 shares of the company's stock valued at $270,284,000 after buying an additional 849,358 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of the business's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total transaction of $505,200.00. Following the sale, the chief financial officer directly owned 11,982 shares in the company, valued at approximately $3,783,316.50. The trade was a 11.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.32% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Wells Fargo & Company decreased their price target on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating for the company in a report on Thursday, July 10th. Keefe, Bruyette & Woods decreased their price target on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Cantor Fitzgerald began coverage on shares of Willis Towers Watson Public in a report on Wednesday, August 13th. They issued a "neutral" rating and a $355.00 price target for the company. Barclays cut their price objective on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating on the stock in a research report on Monday, July 7th. Finally, Morgan Stanley lifted their price objective on shares of Willis Towers Watson Public from $335.00 to $345.00 and gave the company an "equal weight" rating in a research report on Monday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Willis Towers Watson Public has a consensus rating of "Moderate Buy" and a consensus price target of $362.92.

Willis Towers Watson Public Stock Performance

NASDAQ:WTW traded down $0.91 during mid-day trading on Monday, hitting $329.59. The stock had a trading volume of 394,283 shares, compared to its average volume of 727,698. Willis Towers Watson Public Limited Company has a 52 week low of $279.08 and a 52 week high of $344.14. The stock has a market capitalization of $32.15 billion, a price-to-earnings ratio of 225.75, a P/E/G ratio of 2.63 and a beta of 0.67. The company has a 50 day simple moving average of $309.81 and a 200-day simple moving average of $316.60. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $2.86 EPS for the quarter, topping analysts' consensus estimates of $2.65 by $0.21. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.23 billion. During the same period in the previous year, the firm earned $2.55 EPS. Willis Towers Watson Public's revenue was down .2% on a year-over-year basis. On average, research analysts expect that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

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.