Willis Towers Watson Public (NASDAQ:WTW) PT Lowered to $311.00 at Keefe, Bruyette & Woods

Willis Towers Watson Public (NASDAQ:WTW) had its price target lowered by equities researchers at Keefe, Bruyette & Woods from $317.00 to $311.00 in a report released on Monday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price target suggests a potential upside of 22.03% from the stock’s previous close.

A number of other brokerages also recently issued reports on WTW. BMO Capital Markets upgraded Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and increased their price target for the stock from $236.00 to $298.00 in a research report on Monday, February 12th. Raymond James reissued an “outperform” rating and issued a $315.00 price target (up previously from $295.00) on shares of Willis Towers Watson Public in a report on Thursday, March 28th. Stifel Nicolaus increased their price objective on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the company a “hold” rating in a report on Wednesday, February 7th. Evercore ISI boosted their target price on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an “in-line” rating in a research note on Friday, April 26th. Finally, Roth Mkm raised their price target on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $295.54.

Willis Towers Watson Public Price Performance

NASDAQ:WTW opened at $254.86 on Monday. The firm’s fifty day moving average is $266.71 and its two-hundred day moving average is $253.74. The firm has a market cap of $26.06 billion, a price-to-earnings ratio of 25.56, a PEG ratio of 1.44 and a beta of 0.75. Willis Towers Watson Public has a one year low of $195.29 and a one year high of $278.86. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.89 and a current ratio of 1.89.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, April 25th. The company reported $3.29 EPS for the quarter, topping the consensus estimate of $3.21 by $0.08. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.37 billion. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.84 EPS. Research analysts expect that Willis Towers Watson Public will post 16.27 EPS for the current year.

Insider Transactions at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $272.13, for a total transaction of $299,343.00. Following the completion of the transaction, the chief financial officer now directly owns 4,170 shares in the company, valued at $1,134,782.10. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.22% of the company’s stock.

Institutional Trading of Willis Towers Watson Public

Hedge funds have recently modified their holdings of the stock. Blueshift Asset Management LLC increased its position in shares of Willis Towers Watson Public by 2.6% in the 4th quarter. Blueshift Asset Management LLC now owns 1,494 shares of the company’s stock valued at $360,000 after purchasing an additional 38 shares during the last quarter. US Bancorp DE boosted its position in shares of Willis Towers Watson Public by 0.3% during the 4th quarter. US Bancorp DE now owns 12,992 shares of the company’s stock worth $3,134,000 after acquiring an additional 39 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Willis Towers Watson Public by 19.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 249 shares of the company’s stock valued at $60,000 after acquiring an additional 41 shares during the last quarter. Live Oak Private Wealth LLC increased its stake in Willis Towers Watson Public by 0.7% in the first quarter. Live Oak Private Wealth LLC now owns 6,499 shares of the company’s stock valued at $1,787,000 after purchasing an additional 43 shares during the last quarter. Finally, Checchi Capital Advisers LLC raised its holdings in Willis Towers Watson Public by 5.6% during the first quarter. Checchi Capital Advisers LLC now owns 884 shares of the company’s stock worth $243,000 after purchasing an additional 47 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

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.