Willis Towers Watson Public (NASDAQ:WTW – Free Report) had its price objective boosted by Raymond James from $250.00 to $255.00 in a research note released on Tuesday, Benzinga reports. The brokerage currently has an outperform rating on the stock.
Other equities analysts have also recently issued reports about the company. Citigroup lifted their price target on Willis Towers Watson Public from $221.00 to $223.00 and gave the stock a neutral rating in a research note on Tuesday, September 19th. Morgan Stanley lifted their price objective on Willis Towers Watson Public from $225.00 to $236.00 and gave the stock an equal weight rating in a research report on Friday, October 27th. Jefferies Financial Group lifted their price objective on Willis Towers Watson Public from $218.00 to $226.00 and gave the stock a hold rating in a research report on Friday, October 6th. Roth Mkm cut their price objective on Willis Towers Watson Public from $285.00 to $250.00 and set a buy rating on the stock in a research report on Monday, August 28th. Finally, BMO Capital Markets lowered Willis Towers Watson Public from a market perform rating to an underperform rating and cut their price objective for the stock from $230.00 to $205.00 in a research report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of Moderate Buy and a consensus price target of $258.00.
Get Our Latest Report on Willis Towers Watson Public
Willis Towers Watson Public Trading Up 1.3 %
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last issued its earnings results on Thursday, October 26th. The company reported $2.24 EPS for the quarter, topping the consensus estimate of $2.05 by $0.19. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.08 billion. Willis Towers Watson Public had a return on equity of 14.64% and a net margin of 10.99%. The firm’s revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the company earned $2.20 EPS. Equities research analysts anticipate that Willis Towers Watson Public will post 13.96 EPS for the current year.
Willis Towers Watson Public Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Saturday, September 30th were given a dividend of $0.84 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $3.36 dividend on an annualized basis and a yield of 1.42%. Willis Towers Watson Public’s dividend payout ratio is presently 35.56%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Resurgent Financial Advisors LLC purchased a new stake in shares of Willis Towers Watson Public during the fourth quarter worth about $27,000. Massmutual Trust Co. FSB ADV increased its stake in shares of Willis Towers Watson Public by 67.9% during the second quarter. Massmutual Trust Co. FSB ADV now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 53 shares in the last quarter. Covington Capital Management purchased a new stake in shares of Willis Towers Watson Public during the third quarter worth about $32,000. Money Concepts Capital Corp purchased a new stake in shares of Willis Towers Watson Public during the fourth quarter worth about $37,000. Finally, Capital Advisors Ltd. LLC purchased a new stake in Willis Towers Watson Public during the 2nd quarter valued at about $41,000. Hedge funds and other institutional investors own 91.41% of the company’s stock.
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 and 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 programs; actuarial support, plan design, and administrative services for pension and retirement savings plans; and benefits outsourcing services, including a suite of health and welfare, and pension administration outsourcing services.
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