Willis Towers Watson Public (NASDAQ:WTW) Given New $366.00 Price Target at Keefe, Bruyette & Woods

Willis Towers Watson Public (NASDAQ:WTW) had its price objective reduced by Keefe, Bruyette & Woods from $371.00 to $366.00 in a report published on Monday,Benzinga reports. They currently have an outperform rating on the stock.

Several other research analysts have also issued reports on the company. UBS Group upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $344.00 to $395.00 in a research note on Tuesday, March 18th. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their target price for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Barclays increased their target price on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an “underweight” rating in a report on Friday, April 11th. Wells Fargo & Company cut their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th. Finally, Jefferies Financial Group cut their target price on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating for the company in a research note on Friday, April 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $348.25.

Willis Towers Watson Public Trading Up 0.3 %

Shares of NASDAQ WTW opened at $303.16 on Monday. The stock has a market cap of $30.22 billion, a price-to-earnings ratio of -303.16, a PEG ratio of 2.95 and a beta of 0.68. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. The business has a 50 day simple moving average of $326.01 and a 200 day simple moving average of $317.80. Willis Towers Watson Public has a 52 week low of $248.09 and a 52 week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, April 24th. The company reported $3.13 earnings per share for the quarter, missing the consensus estimate of $3.27 by ($0.14). The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.29 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm’s revenue was down 5.0% compared to the same quarter last year. During the same period in the prior year, the company posted $3.13 earnings per share. On average, research analysts predict that Willis Towers Watson Public will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 1.21%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend was Monday, March 31st. Willis Towers Watson Public’s dividend payout ratio is presently -736.00%.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the sale, the insider now directly owns 74,417 shares of the company’s stock, valued at approximately $24,986,996.09. The trade was a 4.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.32% of the company’s stock.

Institutional Investors Weigh In On Willis Towers Watson Public

A number of institutional investors and hedge funds have recently bought and sold shares of WTW. Crewe Advisors LLC bought a new position in Willis Towers Watson Public in the 1st quarter valued at $32,000. McIlrath & Eck LLC purchased a new position in shares of Willis Towers Watson Public during the 4th quarter valued at about $30,000. GeoWealth Management LLC raised its holdings in shares of Willis Towers Watson Public by 94.9% during the 4th quarter. GeoWealth Management LLC now owns 115 shares of the company’s stock valued at $36,000 after buying an additional 56 shares in the last quarter. Y.D. More Investments Ltd raised 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 buying an additional 69 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Willis Towers Watson Public during the 4th quarter valued at about $49,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

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 & 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.