Willis Towers Watson Public (NASDAQ:WTW) Price Target Cut to $311.00

Willis Towers Watson Public (NASDAQ:WTW) had its price objective decreased by investment analysts at Keefe, Bruyette & Woods from $317.00 to $311.00 in a report issued on Monday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price target suggests a potential upside of 22.03% from the company’s current price.

A number of other brokerages have also issued reports on WTW. BMO Capital Markets upgraded Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and boosted their price target for the stock from $236.00 to $298.00 in a research report on Monday, February 12th. Stifel Nicolaus increased their target price on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the company a “hold” rating in a research report on Wednesday, February 7th. Citigroup dropped their price target on shares of Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating on the stock in a research report on Monday, April 29th. Roth Mkm increased their price objective on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Finally, Evercore ISI boosted their target price on Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an “in-line” rating in a report on Friday, April 26th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Willis Towers Watson Public currently has a consensus rating of “Moderate Buy” and an average price target of $295.54.

Willis Towers Watson Public Stock Performance

WTW stock opened at $254.86 on Monday. Willis Towers Watson Public has a 1 year low of $195.29 and a 1 year high of $278.86. The stock has a market capitalization of $26.06 billion, a price-to-earnings ratio of 25.56, a PEG ratio of 1.44 and a beta of 0.75. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.89 and a current ratio of 1.89. The stock’s fifty day moving average is $266.71 and its two-hundred day moving average is $253.74.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.21 by $0.08. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same period in the previous year, the business posted $2.84 EPS. Willis Towers Watson Public’s revenue was up 4.3% on a year-over-year basis. On average, research analysts predict that Willis Towers Watson Public will post 16.27 EPS for the current year.

Insider Buying and Selling

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the sale, the chief financial officer now directly owns 4,170 shares of the company’s stock, valued at $1,134,782.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.22% of the company’s stock.

Institutional Investors Weigh In On Willis Towers Watson Public

Several institutional investors have recently made changes to their positions in WTW. Schechter Investment Advisors LLC acquired a new stake in Willis Towers Watson Public in the 3rd quarter worth approximately $502,000. Fidelis Capital Partners LLC boosted its holdings in shares of Willis Towers Watson Public by 11.2% during the 4th quarter. Fidelis Capital Partners LLC now owns 1,098 shares of the company’s stock worth $265,000 after buying an additional 111 shares during the period. Deutsche Bank AG grew its stake in Willis Towers Watson Public by 7.7% in the 3rd quarter. Deutsche Bank AG now owns 259,505 shares of the company’s stock valued at $54,226,000 after buying an additional 18,657 shares during the last quarter. SG Americas Securities LLC raised its holdings in Willis Towers Watson Public by 1,736.9% in the 4th quarter. SG Americas Securities LLC now owns 56,465 shares of the company’s stock worth $13,619,000 after acquiring an additional 53,391 shares during the period. Finally, Seed Wealth Management Inc. acquired a new position in Willis Towers Watson Public during the 4th quarter worth $204,000. 93.09% of the stock is currently 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.