Willis Towers Watson Public (NASDAQ:WTW) Price Target Raised to $340.00

Willis Towers Watson Public (NASDAQ:WTW) had its price objective increased by Wells Fargo & Company from $334.00 to $340.00 in a research report sent to investors on Monday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

WTW has been the subject of a number of other reports. Jefferies Financial Group raised their price target on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. Barclays started coverage on Willis Towers Watson Public in a research note on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price target on the stock. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Keefe, Bruyette & Woods lifted their price objective on Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an “outperform” rating in a report on Wednesday, July 31st. Finally, Roth Mkm increased their target price on Willis Towers Watson Public from $315.00 to $345.00 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 company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $312.27.

Willis Towers Watson Public Stock Down 0.4 %

Shares of NASDAQ WTW opened at $315.90 on Monday. The stock has a fifty day moving average price of $293.74 and a 200 day moving average price of $274.54. The company has a market cap of $31.82 billion, a P/E ratio of -43.39, a P/E/G ratio of 1.89 and a beta of 0.73. Willis Towers Watson Public has a 12-month low of $234.00 and a 12-month high of $320.10. 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 (NASDAQ:WTW) last announced its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.68 by $0.25. The business 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%. The company’s revenue was up 5.7% on a year-over-year basis. During the same period last year, the business posted $2.24 EPS. Research analysts anticipate that Willis Towers Watson Public will post 16.64 EPS 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. Stockholders of record on Monday, September 30th were issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.11%. The ex-dividend date was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -48.35%.

Institutional Investors Weigh In On Willis Towers Watson Public

Large investors have recently added to or reduced their stakes in the stock. Graypoint LLC grew its position in shares of Willis Towers Watson Public by 4.7% during the second quarter. Graypoint LLC now owns 820 shares of the company’s stock worth $215,000 after acquiring an additional 37 shares during the last quarter. Fidelis Capital Partners LLC grew its position in Willis Towers Watson Public by 3.1% in the 3rd quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock worth $357,000 after purchasing an additional 37 shares during the last quarter. Creative Planning increased its stake 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 valued at $3,446,000 after purchasing an additional 43 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after buying an additional 43 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in shares of Willis Towers Watson Public by 4.1% during the second quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock worth $312,000 after buying an additional 47 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

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.