Willis Towers Watson Public (NASDAQ:WTW) Price Target Raised to $345.00 at Morgan Stanley

Willis Towers Watson Public (NASDAQ:WTW) had its target price raised by Morgan Stanley from $335.00 to $345.00 in a research report released on Monday morning,Benzinga reports. They currently have an equal weight rating on the stock.

Other equities analysts have also issued reports about the company. Barclays decreased their target price on Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating for the company in a research report on Monday, July 7th. Cantor Fitzgerald began coverage on Willis Towers Watson Public in a research note on Wednesday, August 13th. They set a “neutral” rating and a $355.00 price objective on the stock. Keefe, Bruyette & Woods dropped their price objective on Willis Towers Watson Public from $371.00 to $366.00 and set an “outperform” rating on the stock in a research note on Monday, April 28th. Citigroup began coverage on Willis Towers Watson Public in a research note on Wednesday, August 13th. They set a “neutral” rating and a $351.00 price objective on the stock. Finally, Wells Fargo & Company dropped their price objective on Willis Towers Watson Public from $387.00 to $369.00 and set an “overweight” rating on the stock in a research note on Thursday, July 10th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $362.92.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ:WTW opened at $329.59 on Monday. The stock has a market capitalization of $32.15 billion, a P/E ratio of 225.75, a P/E/G ratio of 2.63 and a beta of 0.67. Willis Towers Watson Public has a 1-year low of $279.08 and a 1-year high of $344.14. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58. The business has a 50-day moving average price of $309.81 and a two-hundred day moving average price of $316.60.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, July 31st. The company reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.65 by $0.21. The company had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.23 billion. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%. The company’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the previous year, the company earned $2.55 EPS. Equities analysts predict that Willis Towers Watson Public will post 17.32 earnings per share for the current year.

Insider Buying and Selling

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of the business’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $315.75, for a total value of $505,200.00. Following the sale, the chief financial officer owned 11,982 shares in the company, valued at approximately $3,783,316.50. The trade was a 11.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.32% of the company’s stock.

Institutional Investors Weigh In On Willis Towers Watson Public

Several institutional investors have recently bought and sold shares of WTW. Norges Bank bought a new stake in Willis Towers Watson Public in the 2nd quarter valued at approximately $458,662,000. Dodge & Cox bought a new stake in Willis Towers Watson Public in the 2nd quarter valued at approximately $391,837,000. T. Rowe Price Investment Management Inc. lifted its stake in Willis Towers Watson Public by 77.5% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,788,542 shares of the company’s stock valued at $873,483,000 after acquiring an additional 1,217,714 shares in the last quarter. GAMMA Investing LLC lifted its stake in Willis Towers Watson Public by 40,489.4% in the 1st quarter. GAMMA Investing LLC now owns 1,007,429 shares of the company’s stock valued at $340,461,000 after acquiring an additional 1,004,947 shares in the last quarter. Finally, Soundwatch Capital LLC bought a new stake in shares of Willis Towers Watson Public during the 2nd quarter worth approximately $272,790,000. Institutional investors own 93.09% 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 & 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.