Mizuho Issues Pessimistic Forecast for Willis Towers Watson Public (NASDAQ:WTW) Stock Price

Willis Towers Watson Public (NASDAQ:WTW) had its target price lowered by Mizuho from $392.00 to $358.00 in a report released on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Mizuho’s price objective would indicate a potential upside of 17.31% from the company’s current price.

Several other equities research analysts have also issued reports on WTW. Weiss Ratings reissued a “buy (b)” rating on shares of Willis Towers Watson Public in a report on Monday, December 29th. Barclays increased 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. TD Cowen lowered their target price on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. UBS Group upped their target price on shares of Willis Towers Watson Public from $398.00 to $409.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Finally, Citigroup raised their price target on Willis Towers Watson Public from $351.00 to $366.00 and gave the company a “neutral” rating in a report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $371.50.

Willis Towers Watson Public Trading Down 1.0%

NASDAQ:WTW opened at $305.17 on Friday. Willis Towers Watson Public has a one year low of $275.60 and a one year high of $352.79. The business has a fifty day moving average price of $317.76 and a 200-day moving average price of $325.34. The firm has a market capitalization of $28.85 billion, a price-to-earnings ratio of 18.63, a price-to-earnings-growth ratio of 1.37 and a beta of 0.62. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.21 and a quick ratio of 1.69.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.93 by $0.19. The business had revenue of $2.94 billion during the quarter, compared to analyst estimates of $2.87 billion. Willis Towers Watson Public had a return on equity of 20.91% and a net margin of 16.53%.Willis Towers Watson Public’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $8.13 earnings per share. Sell-side analysts forecast that Willis Towers Watson Public will post 17.32 EPS for the current year.

Hedge Funds Weigh In On Willis Towers Watson Public

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Willis Towers Watson Public by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 11,372,970 shares of the company’s stock worth $3,928,792,000 after acquiring an additional 103,784 shares during the last quarter. Dodge & Cox grew its holdings in shares of Willis Towers Watson Public by 90.7% in the fourth quarter. Dodge & Cox now owns 6,925,525 shares of the company’s stock valued at $2,275,728,000 after purchasing an additional 3,293,334 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in Willis Towers Watson Public by 2.4% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,238,308 shares of the company’s stock worth $1,912,041,000 after purchasing an additional 146,104 shares during the last quarter. Artisan Partners Limited Partnership raised its stake in Willis Towers Watson Public by 1.8% during the second quarter. Artisan Partners Limited Partnership now owns 3,579,098 shares of the company’s stock valued at $1,096,994,000 after purchasing an additional 62,570 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its stake in Willis Towers Watson Public by 23.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,505,195 shares of the company’s stock valued at $1,151,808,000 after purchasing an additional 664,202 shares in the last quarter. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Company Profile

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.