Willis Towers Watson Public Limited (NASDAQ:WTW) Receives Average Recommendation of "Moderate Buy" from Brokerages

Willis Towers Watson Public Limited (NASDAQ:WTW - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the sixteen ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $326.33.

A number of brokerages recently commented on WTW. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and lifted their target price for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Wells Fargo & Company lifted their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an "overweight" rating in a report on Monday, November 4th. Roth Mkm increased their target price on 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 lifted their price target for the stock from $365.00 to $400.00 in a research note on Thursday, December 5th. Finally, Truist Financial reissued a "buy" rating and set a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th.

Willis Towers Watson Public Price Performance

NASDAQ WTW traded down $1.56 during trading on Friday, reaching $316.31. The company's stock had a trading volume of 310,710 shares, compared to its average volume of 515,422. The stock has a market capitalization of $31.86 billion, a PE ratio of -43.45, a P/E/G ratio of 1.83 and a beta of 0.74. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The firm has a fifty day moving average of $310.99 and a 200 day moving average of $290.04. Willis Towers Watson Public has a one year low of $237.50 and a one year high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The business had revenue of $2.29 billion during the quarter, compared to analysts' expectations of $2.28 billion. During the same quarter in the previous year, the company earned $2.24 EPS. The business's quarterly revenue was up 5.7% compared to the same quarter last year. Analysts expect that Willis Towers Watson Public will post 16.75 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.88 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a yield of 1.11%. Willis Towers Watson Public's payout ratio is currently -48.35%.

Institutional Investors Weigh In On Willis Towers Watson Public

Several institutional investors have recently modified their holdings of WTW. Capital Performance Advisors LLP purchased a new stake in Willis Towers Watson Public in the third quarter worth approximately $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter worth $41,000. Farther Finance Advisors LLC grew its holdings in shares of Willis Towers Watson Public by 22.2% in the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company's stock worth $70,000 after acquiring an additional 43 shares during the period. UMB Bank n.a. increased its position in Willis Towers Watson Public by 15.3% during the second quarter. UMB Bank n.a. now owns 445 shares of the company's stock valued at $117,000 after acquiring an additional 59 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in Willis Towers Watson Public in the third quarter valued at about $164,000. 93.09% of the stock is 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.