Willis Towers Watson Public (NASDAQ:WTW) Cut to Sell at Wall Street Zen

Willis Towers Watson Public (NASDAQ:WTW) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday.

Other analysts have also issued research reports about the stock. Cantor Fitzgerald began coverage on shares of Willis Towers Watson Public in a research note on Wednesday, August 13th. They set a “neutral” rating and a $355.00 price objective on the stock. Wells Fargo & Company lifted their price objective on shares of Willis Towers Watson Public from $377.00 to $382.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. UBS Group boosted their price target on Willis Towers Watson Public from $395.00 to $398.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Morgan Stanley upped their target price on Willis Towers Watson Public from $335.00 to $345.00 and gave the company an “equal weight” rating in a research report on Monday, August 18th. Finally, Barclays reduced their price target on Willis Towers Watson Public from $341.00 to $303.00 and set an “underweight” rating for the company in a research report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $368.62.

Willis Towers Watson Public Stock Down 0.0%

WTW opened at $321.08 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58. The business’s 50-day moving average price is $329.54 and its 200-day moving average price is $320.49. Willis Towers Watson Public has a 12 month low of $292.97 and a 12 month high of $352.79. The company has a market cap of $30.74 billion, a P/E ratio of 219.92, a P/E/G ratio of 2.54 and a beta of 0.69.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, October 30th. The company reported $3.07 earnings per share for the quarter, beating the consensus estimate of $3.05 by $0.02. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The company’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.93 EPS. On average, equities analysts expect that Willis Towers Watson Public will post 17.32 EPS for the current year.

Willis Towers Watson Public declared that its board has authorized a stock repurchase plan on Thursday, September 18th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the company to purchase up to 4.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Hedge Funds Weigh In On Willis Towers Watson Public

Large investors have recently bought and sold shares of the company. Alpine Bank Wealth Management bought a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at $25,000. SOA Wealth Advisors LLC. raised its stake in Willis Towers Watson Public by 8,200.0% during the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock valued at $29,000 after buying an additional 82 shares during the last quarter. Raiffeisen Bank International AG purchased a new stake in Willis Towers Watson Public during the third quarter valued at approximately $31,000. Quent Capital LLC purchased a new stake in shares of Willis Towers Watson Public in the third quarter worth about $34,000. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Willis Towers Watson Public in the second quarter worth about $39,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

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.