Willis Towers Watson Public (NASDAQ:WTW) Stock Rating Upgraded by Wall Street Zen

Willis Towers Watson Public (NASDAQ:WTW) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

A number of other research analysts also recently issued reports on the stock. Evercore boosted their price objective on shares of Willis Towers Watson Public from $383.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday. Barclays boosted their price objective on shares of Willis Towers Watson Public from $303.00 to $318.00 and gave the stock an “underweight” rating in a research note on Thursday, January 8th. Weiss Ratings restated a “buy (b)” rating on shares of Willis Towers Watson Public in a report on Monday, December 29th. Truist Financial raised their price target on shares of Willis Towers Watson Public from $380.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Mizuho began coverage on shares of Willis Towers Watson Public in a research note on Tuesday, December 16th. They set an “outperform” rating and a $386.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $372.71.

Willis Towers Watson Public Price Performance

WTW opened at $330.04 on Friday. The firm has a market cap of $31.60 billion, a price-to-earnings ratio of 20.15, a PEG ratio of 1.49 and a beta of 0.62. Willis Towers Watson Public has a 1 year low of $292.97 and a 1 year high of $352.79. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.21 and a quick ratio of 1.69. The stock’s 50 day simple moving average is $326.66 and its 200 day simple moving average is $327.63.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Tuesday, February 3rd. The company reported $8.12 EPS for the quarter, topping the consensus estimate of $7.93 by $0.19. The company had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $2.87 billion. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The firm’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the previous year, the firm earned $8.13 earnings per share. As a group, analysts predict that Willis Towers Watson Public will post 17.32 earnings per share for the current year.

Institutional Investors Weigh In On Willis Towers Watson Public

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Willis Towers Watson Public by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 11,372,970 shares of the company’s stock valued at $3,928,792,000 after purchasing an additional 103,784 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of Willis Towers Watson Public by 2.4% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,238,308 shares of the company’s stock worth $1,912,041,000 after buying an additional 146,104 shares during the last quarter. Dodge & Cox increased its stake in Willis Towers Watson Public by 184.1% during the third quarter. Dodge & Cox now owns 3,632,191 shares of the company’s stock worth $1,254,740,000 after acquiring an additional 2,353,768 shares during the last quarter. Artisan Partners Limited Partnership raised its holdings in Willis Towers Watson Public by 1.8% during the 2nd quarter. Artisan Partners Limited Partnership now owns 3,579,098 shares of the company’s stock valued at $1,096,994,000 after buying an additional 62,570 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Willis Towers Watson Public by 0.8% in the second quarter. Geode Capital Management LLC now owns 2,591,115 shares of the company’s stock valued at $790,908,000 after acquiring an additional 19,384 shares during the period. Institutional investors own 93.09% of the company’s stock.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.