Willis Towers Watson Public Limited Company (NASDAQ:WTW) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Willis Towers Watson Public Limited Company (NASDAQ:WTW) has earned a consensus recommendation of “Moderate Buy” from the sixteen ratings firms that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $373.1429.

A number of equities analysts recently weighed in on WTW shares. Truist Financial lifted their price objective 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, February 4th. Mizuho cut their price objective on shares of Willis Towers Watson Public from $392.00 to $358.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Wells Fargo & Company raised their target price on shares of Willis Towers Watson Public from $366.00 to $379.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Willis Towers Watson Public in a report on Monday, December 29th. Finally, Keefe, Bruyette & Woods increased their price target on shares of Willis Towers Watson Public from $375.00 to $388.00 and gave the stock an “outperform” rating in a report on Tuesday, January 6th.

Institutional Trading of Willis Towers Watson Public

A number of institutional investors have recently modified their holdings of the business. Alpine Bank Wealth Management purchased a new position in Willis Towers Watson Public in the third quarter worth $25,000. Bartlett & CO. Wealth Management LLC lifted its holdings in Willis Towers Watson Public by 375.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock valued at $25,000 after acquiring an additional 60 shares during the period. Fideuram Asset Management Ireland dac purchased a new stake in shares of Willis Towers Watson Public during the 4th quarter worth $28,000. SOA Wealth Advisors LLC. grew its stake in shares of Willis Towers Watson Public by 8,200.0% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock worth $29,000 after purchasing an additional 82 shares during the period. Finally, Larson Financial Group LLC grew its stake in shares of Willis Towers Watson Public by 72.5% during the 4th quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock worth $29,000 after purchasing an additional 37 shares during the period. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Up 1.4%

Willis Towers Watson Public stock opened at $291.25 on Monday. The stock has a 50 day moving average of $306.31 and a two-hundred day moving average of $321.33. Willis Towers Watson Public has a twelve month low of $275.60 and a twelve month high of $352.79. The stock has a market capitalization of $27.54 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.30 and a beta of 0.62. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.71.

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

Willis Towers Watson Public Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 1.3%. The ex-dividend date is Tuesday, March 31st. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.92. Willis Towers Watson Public’s payout ratio is presently 22.47%.

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.