Roth Mkm Increases Willis Towers Watson Public (NASDAQ:WTW) Price Target to $345.00

Willis Towers Watson Public (NASDAQ:WTW - Free Report) had its price target increased by Roth Mkm from $315.00 to $345.00 in a report issued on Wednesday morning, Benzinga reports. The brokerage currently has a buy rating on the stock.

WTW has been the topic of a number of other reports. Keefe, Bruyette & Woods lifted their price target on Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an outperform rating in a report on Wednesday, July 31st. Barclays started coverage on Willis Towers Watson Public in a report on Wednesday, September 4th. They set an underweight rating and a $278.00 price target on the stock. Wells Fargo & Company lifted their price target on Willis Towers Watson Public from $318.00 to $321.00 and gave the stock an overweight rating in a report on Friday, July 26th. Truist Financial lifted their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a buy rating in a report on Wednesday. Finally, Morgan Stanley decreased their target price on Willis Towers Watson Public from $275.00 to $272.00 and set an equal weight rating for the company in a research report on Wednesday, July 10th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of Hold and a consensus target price of $302.73.

Willis Towers Watson Public Trading Down 1.7 %

NASDAQ WTW traded down $5.17 during trading hours on Wednesday, hitting $295.41. 510,340 shares of the company's stock were exchanged, compared to its average volume of 458,861. The stock has a 50-day simple moving average of $285.91 and a 200 day simple moving average of $269.53. Willis Towers Watson Public has a 1-year low of $203.36 and a 1-year high of $303.42. The firm has a market cap of $30.00 billion, a price-to-earnings ratio of 29.98, a PEG ratio of 1.52 and a beta of 0.74. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.56.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Thursday, July 25th. The company reported $2.55 EPS for the quarter, beating analysts' consensus estimates of $2.28 by $0.27. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. The firm had revenue of $2.27 billion during the quarter, compared to analysts' expectations of $2.27 billion. During the same quarter last year, the firm posted $2.05 earnings per share. The company's revenue for the quarter was up 4.9% compared to the same quarter last year. On average, equities analysts forecast that Willis Towers Watson Public will post 16.51 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a $0.88 dividend. The ex-dividend date is Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.19%. Willis Towers Watson Public's dividend payout ratio is currently 35.31%.

Hedge Funds Weigh In On Willis Towers Watson Public

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Willis Towers Watson Public by 110.0% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 21,000 shares of the company's stock worth $5,505,000 after purchasing an additional 11,000 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Willis Towers Watson Public in the 2nd quarter worth about $895,000. Cetera Investment Advisers boosted its holdings in shares of Willis Towers Watson Public by 8.5% in the 2nd quarter. Cetera Investment Advisers now owns 7,691 shares of the company's stock worth $2,016,000 after purchasing an additional 600 shares in the last quarter. 3Chopt Investment Partners LLC purchased a new stake in Willis Towers Watson Public during the 2nd quarter valued at about $581,000. Finally, Truist Financial Corp boosted its holdings in Willis Towers Watson Public by 0.9% during the 2nd quarter. Truist Financial Corp now owns 11,479 shares of the company's stock valued at $3,009,000 after acquiring an additional 100 shares during the period. 93.09% of the stock is currently owned by hedge funds and other 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.