Willis Towers Watson Public (NASDAQ:WTW) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Willis Towers Watson Public (NASDAQ:WTW) had its price objective upped by Keefe, Bruyette & Woods from $352.00 to $359.00 in a report published on Tuesday,Benzinga reports. The brokerage currently has an outperform rating on the stock.

WTW has been the topic of several other research reports. Barclays began coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 target price on the stock. Jefferies Financial Group increased their target price on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Morgan Stanley dropped their target price on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. Wells Fargo & Company increased their target price on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Finally, Truist Financial increased their price objective on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $312.27.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $316.30 on Tuesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The stock has a 50 day moving average price of $294.22 and a two-hundred day moving average price of $274.90. The firm has a market capitalization of $31.86 billion, a P/E ratio of -43.45, a P/E/G ratio of 1.98 and a beta of 0.73. Willis Towers Watson Public has a 52 week low of $234.01 and a 52 week high of $320.45.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates 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%. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.24 EPS. Equities analysts forecast that Willis Towers Watson Public will post 16.64 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a dividend of $0.88 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.11%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -48.35%.

Institutional Trading of Willis Towers Watson Public

Large investors have recently modified their holdings of the business. Capital Performance Advisors LLP bought a new stake in shares of Willis Towers Watson Public in the third quarter worth about $27,000. Richardson Financial Services Inc. purchased a new stake in Willis Towers Watson Public in the first quarter worth about $28,000. American National Bank purchased a new stake in Willis Towers Watson Public in the second quarter worth about $36,000. Ashton Thomas Securities LLC purchased a new stake in Willis Towers Watson Public in the third quarter worth about $41,000. Finally, Beacon Capital Management LLC lifted its holdings in Willis Towers Watson Public by 136.5% in the first quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after buying an additional 101 shares during the period. 93.09% of the stock is owned by institutional investors.

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.