Willis Towers Watson Public (NASDAQ:WTW) Stock Rating Upgraded by UBS Group

Willis Towers Watson Public (NASDAQ:WTW) was upgraded by equities researchers at UBS Group to a “hold” rating in a report issued on Wednesday, Zacks.com reports.

WTW has been the topic of a number of other reports. Roth Mkm lifted their price objective on shares of 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. Truist Financial lifted their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Jefferies Financial Group lifted their price objective on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research note on Wednesday. Barclays initiated coverage on shares of Willis Towers Watson Public in a research note on Wednesday, September 4th. They set an “underweight” rating and a $278.00 target price on the stock. Finally, Morgan Stanley decreased their target price on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 10th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $309.47.

Willis Towers Watson Public Stock Down 2.6 %

Shares of WTW opened at $290.24 on Wednesday. Willis Towers Watson Public has a 12 month low of $203.36 and a 12 month high of $303.42. The firm’s 50 day moving average is $287.56 and its 200-day moving average is $270.35. The stock has a market capitalization of $29.48 billion, a PE ratio of 27.77, a P/E/G ratio of 1.89 and a beta of 0.74. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.56.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, July 25th. The company reported $2.55 EPS for the quarter, topping the consensus estimate of $2.28 by $0.27. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The company had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same period last year, the firm earned $2.05 earnings per share. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. Equities research analysts forecast that Willis Towers Watson Public will post 16.51 EPS for the current year.

Hedge Funds Weigh In On Willis Towers Watson Public

Several institutional investors have recently made changes to their positions in WTW. V Square Quantitative Management LLC raised its holdings in shares of Willis Towers Watson Public by 28.0% during the fourth quarter. V Square Quantitative Management LLC now owns 2,142 shares of the company’s stock valued at $517,000 after purchasing an additional 468 shares during the period. Syon Capital LLC acquired a new position in shares of Willis Towers Watson Public during the fourth quarter valued at about $237,000. Goldman Sachs Group Inc. raised its holdings in shares of Willis Towers Watson Public by 0.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 375,114 shares of the company’s stock valued at $90,478,000 after purchasing an additional 2,336 shares during the period. Royal London Asset Management Ltd. raised its holdings in shares of Willis Towers Watson Public by 4.9% during the fourth quarter. Royal London Asset Management Ltd. now owns 45,770 shares of the company’s stock valued at $11,040,000 after purchasing an additional 2,135 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Willis Towers Watson Public by 17.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 9,482 shares of the company’s stock valued at $2,287,000 after purchasing an additional 1,427 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

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.