Keefe, Bruyette & Woods Increases Willis Towers Watson Public (NASDAQ:WTW) Price Target to $387.00

Willis Towers Watson Public (NASDAQ:WTW - Free Report) had its target price lifted by Keefe, Bruyette & Woods from $378.00 to $387.00 in a research note published on Friday morning,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the stock.

WTW has been the subject of a number of other research reports. Roth Mkm increased their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a "buy" rating in a report on Wednesday, October 2nd. Raymond James raised Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and raised their price objective for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Evercore ISI raised Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and boosted their target price for the company from $357.00 to $373.00 in a research report on Wednesday. Barclays raised their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a research report on Thursday, November 21st. Finally, Wells Fargo & Company boosted their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a research report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $332.13.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock traded down $1.23 during midday trading on Friday, reaching $312.92. 594,687 shares of the stock traded hands, compared to its average volume of 528,795. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public has a 12 month low of $242.54 and a 12 month high of $334.99. The stock's fifty day moving average is $314.60 and its 200-day moving average is $293.52. The stock has a market cap of $31.52 billion, a P/E ratio of -42.98, a PEG ratio of 1.83 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating analysts' consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. Willis Towers Watson Public's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm posted $2.24 earnings per share. As a group, equities research analysts anticipate that Willis Towers Watson Public will post 16.75 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Tuesday, December 31st. Willis Towers Watson Public's dividend payout ratio is -48.35%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital Performance Advisors LLP purchased a new stake in shares of Willis Towers Watson Public during the 3rd quarter worth $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter worth approximately $41,000. Versant Capital Management Inc raised its stake in shares of Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company's stock worth $55,000 after acquiring an additional 85 shares in the last quarter. Farther Finance Advisors LLC lifted its position in Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company's stock valued at $70,000 after acquiring an additional 43 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new stake in Willis Towers Watson Public in the third quarter valued at approximately $164,000. 93.09% of the stock is currently owned by 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.