Willis Towers Watson Public (NASDAQ:WTW) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Willis Towers Watson Public (NASDAQ:WTW) had its target price lifted by Keefe, Bruyette & Woods from $359.00 to $378.00 in a research note published on Wednesday,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the stock.

A number of other research analysts have also recently issued reports on WTW. Truist Financial increased 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 report on Wednesday, October 2nd. Jefferies Financial Group increased 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 report on Wednesday, October 9th. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Wells Fargo & Company increased their target price 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, Roth Mkm raised their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $321.80.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW opened at $322.57 on Wednesday. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The company has a market cap of $32.49 billion, a P/E ratio of -44.31, a PEG ratio of 2.07 and a beta of 0.74. Willis Towers Watson Public has a 52 week low of $234.01 and a 52 week high of $334.99. The company has a 50-day moving average price of $304.94 and a 200 day moving average price of $283.67.

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

Institutional Trading of Willis Towers Watson Public

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Mizuho Securities USA LLC grew its stake in Willis Towers Watson Public by 95,880.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after acquiring an additional 7,561,114 shares during the period. Geode Capital Management LLC increased its holdings in shares of Willis Towers Watson Public by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company’s stock worth $772,027,000 after buying an additional 19,623 shares during the last quarter. FMR LLC raised its position in shares of Willis Towers Watson Public by 2.0% in the 3rd quarter. FMR LLC now owns 2,416,455 shares of the company’s stock worth $711,718,000 after buying an additional 48,384 shares during the period. Victory Capital Management Inc. boosted its holdings in Willis Towers Watson Public by 0.5% in the third quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock valued at $589,698,000 after acquiring an additional 10,856 shares during the last quarter. Finally, Baupost Group LLC MA grew its position in Willis Towers Watson Public by 7.8% during the third quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company’s stock valued at $524,619,000 after acquiring an additional 128,558 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

About Willis Towers Watson Public

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.