Brokerages Set Willis Towers Watson Public Limited Company (NASDAQ:WTW) Price Target at $356.30

Willis Towers Watson Public Limited Company (NASDAQ:WTWGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the ten ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $356.30.

WTW has been the subject of a number of research analyst reports. Barclays raised their price target on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an “underweight” rating in a report on Friday, April 11th. Jefferies Financial Group lowered their price target on Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating for the company in a research report on Friday, April 11th. Keefe, Bruyette & Woods dropped their price target on Willis Towers Watson Public from $371.00 to $366.00 and set an “outperform” rating on the stock in a research note on Monday, April 28th. Finally, UBS Group upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $344.00 to $395.00 in a research note on Tuesday, March 18th.

View Our Latest Research Report on Willis Towers Watson Public

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $303.69 on Friday. Willis Towers Watson Public has a fifty-two week low of $255.19 and a fifty-two week high of $344.14. The company has a market cap of $30.11 billion, a PE ratio of -607.37, a P/E/G ratio of 2.55 and a beta of 0.70. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.89 and a current ratio of 1.89. The business has a 50-day simple moving average of $308.81 and a two-hundred day simple moving average of $317.46.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing the consensus estimate of $3.27 by ($0.14). The company had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Willis Towers Watson Public had a negative net margin of 0.54% and a positive return on equity of 20.53%. The business’s revenue for the quarter was down 5.0% compared to the same quarter last year. During the same period in the previous year, the business earned $3.13 earnings per share. As a group, equities analysts expect that Willis Towers Watson Public will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a $0.92 dividend. The ex-dividend date is Monday, June 30th. This represents a $3.68 annualized dividend and a dividend yield of 1.21%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently -736.00%.

Insider Transactions at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,600 shares of Willis Towers Watson Public stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total transaction of $505,200.00. Following the completion of the transaction, the chief financial officer now directly owns 11,982 shares of the company’s stock, valued at $3,783,316.50. The trade was a 11.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.32% of the company’s stock.

Institutional Trading of Willis Towers Watson Public

A number of hedge funds have recently added to or reduced their stakes in WTW. Brighton Jones LLC raised its holdings in Willis Towers Watson Public by 4.7% in the 4th quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock worth $429,000 after purchasing an additional 61 shares during the period. Allworth Financial LP raised its stake in shares of Willis Towers Watson Public by 22.6% during the 4th quarter. Allworth Financial LP now owns 450 shares of the company’s stock worth $144,000 after buying an additional 83 shares during the period. Sanctuary Advisors LLC lifted its position in shares of Willis Towers Watson Public by 2.7% during the 4th quarter. Sanctuary Advisors LLC now owns 4,135 shares of the company’s stock valued at $1,364,000 after buying an additional 109 shares in the last quarter. CIBC Asset Management Inc grew its stake in Willis Towers Watson Public by 3.4% in the 4th quarter. CIBC Asset Management Inc now owns 12,328 shares of the company’s stock valued at $3,862,000 after acquiring an additional 402 shares during the period. Finally, Atria Wealth Solutions Inc. purchased a new stake in Willis Towers Watson Public in the 4th quarter worth $263,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

About Willis Towers Watson Public

(Get Free Report

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.

Featured Articles

Analyst Recommendations for Willis Towers Watson Public (NASDAQ:WTW)

Receive News & Ratings for Willis Towers Watson Public Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Towers Watson Public and related companies with MarketBeat.com's FREE daily email newsletter.