Willis Towers Watson Public Limited (NASDAQ:WTW) Receives $333.64 Average Target Price from Analysts

Shares of Willis Towers Watson Public Limited (NASDAQ:WTW) have received an average rating of “Moderate Buy” from the fifteen analysts that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $333.64.

WTW has been the subject of several research reports. Truist Financial reaffirmed a “buy” rating and issued a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price objective for the company from $357.00 to $373.00 in a report on Wednesday, January 8th. Keefe, Bruyette & Woods lifted their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a report on Friday, January 10th. UBS Group raised Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Finally, Wells Fargo & Company cut their price objective on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th.

Hedge Funds Weigh In On Willis Towers Watson Public

Institutional investors have recently modified their holdings of the stock. Capital Performance Advisors LLP bought a new position in shares of Willis Towers Watson Public during the 3rd quarter valued at about $27,000. Y.D. More Investments Ltd lifted its holdings in shares of Willis Towers Watson Public by 121.1% during the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after purchasing an additional 69 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in shares of Willis Towers Watson Public during the 3rd quarter valued at about $41,000. Versant Capital Management Inc lifted its holdings in shares of Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after purchasing an additional 85 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Willis Towers Watson Public by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after purchasing an additional 43 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Down 1.0 %

Shares of WTW stock opened at $326.07 on Wednesday. The stock has a market cap of $32.84 billion, a P/E ratio of -44.79, a price-to-earnings-growth ratio of 1.72 and a beta of 0.74. Willis Towers Watson Public has a one year low of $242.54 and a one year high of $334.99. The stock has a fifty day moving average price of $315.91 and a 200 day moving average price of $298.51. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72.

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

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.88 per share. The ex-dividend date was Tuesday, December 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.08%. Willis Towers Watson Public’s payout ratio is currently -48.35%.

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.