Keefe, Bruyette & Woods Issues Positive Forecast for Willis Towers Watson Public (NASDAQ:WTW) Stock Price

Willis Towers Watson Public (NASDAQ:WTW - Free Report) had its price objective upped by Keefe, Bruyette & Woods from $352.00 to $359.00 in a report published on Tuesday morning, Benzinga reports. They currently have an outperform rating on the stock.

WTW has been the topic of a number of other reports. Barclays started coverage on shares of Willis Towers Watson Public in a research report on Wednesday, September 4th. They issued an "underweight" rating and a $278.00 price objective on the stock. Roth Mkm upped their price objective on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a "buy" rating in a research report on Wednesday, October 2nd. Wells Fargo & Company raised their target price on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an "overweight" rating in a research report on Monday. Morgan Stanley lowered their price target on Willis Towers Watson Public from $275.00 to $272.00 and set an "equal weight" rating for the company in a report on Wednesday, July 10th. Finally, UBS Group upgraded shares of Willis Towers Watson Public to a "hold" rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $312.27.

Willis Towers Watson Public Trading Up 1.7 %

NASDAQ:WTW traded up $5.10 during trading hours on Tuesday, reaching $307.92. 644,866 shares of the stock were exchanged, compared to its average volume of 471,249. The business has a 50-day moving average of $292.30 and a two-hundred day moving average of $273.65. Willis Towers Watson Public has a twelve month low of $234.00 and a twelve month high of $308.87. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $31.01 billion, a price-to-earnings ratio of -42.12, a PEG ratio of 1.88 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data 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 analysts' expectations 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%. The business's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.24 earnings per share. On average, equities analysts predict that Willis Towers Watson Public will post 16.59 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.14%. The ex-dividend date was Monday, September 30th. Willis Towers Watson Public's payout ratio is -48.35%.

Institutional Investors Weigh In On Willis Towers Watson Public

Several institutional investors have recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. grew its stake in Willis Towers Watson Public by 11.2% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,862 shares of the company's stock valued at $4,087,000 after acquiring an additional 1,499 shares during the last quarter. Nordea Investment Management AB grew its position in shares of Willis Towers Watson Public by 1.9% in the first quarter. Nordea Investment Management AB now owns 7,921 shares of the company's stock valued at $2,185,000 after purchasing an additional 150 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of Willis Towers Watson Public during the 1st quarter worth approximately $514,000. Richardson Financial Services Inc. acquired a new stake in Willis Towers Watson Public during the 1st quarter valued at $28,000. Finally, Csenge Advisory Group purchased a new position in Willis Towers Watson Public during the first quarter worth $265,000. Hedge funds and other institutional investors own 93.09% of the company's stock.

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.