Wells Fargo & Company Has Lowered Expectations for Willis Towers Watson Public (NASDAQ:WTW) Stock Price

Willis Towers Watson Public (NASDAQ:WTW - Free Report) had its price objective decreased by Wells Fargo & Company from $380.00 to $345.00 in a research note published on Tuesday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

Several other equities analysts have also issued reports on WTW. Roth Mkm lifted their price target 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. Raymond James upgraded shares of Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and boosted their price objective for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Evercore ISI upgraded Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and increased their target price for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. UBS Group upgraded Willis Towers Watson Public to a "hold" rating in a research note on Wednesday, October 9th. Finally, Truist Financial reaffirmed a "buy" rating and set a $380.00 price objective (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, five have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $333.64.

Willis Towers Watson Public Stock Up 0.6 %

Shares of Willis Towers Watson Public stock traded up $1.98 during trading on Tuesday, hitting $313.24. The company's stock had a trading volume of 441,692 shares, compared to its average volume of 511,760. Willis Towers Watson Public has a 52 week low of $242.54 and a 52 week high of $334.99. The company has a market capitalization of $31.55 billion, a PE ratio of -43.03, a P/E/G ratio of 1.83 and a beta of 0.74. The company has a fifty day simple moving average of $314.77 and a two-hundred day simple moving average of $294.28. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. The business's revenue was up 5.7% on a year-over-year basis. During the same period last year, the business earned $2.24 earnings per share. Equities research analysts predict that Willis Towers Watson Public will post 16.75 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

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

Institutional Trading of Willis Towers Watson Public

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Timber Creek Capital Management LLC grew its holdings in Willis Towers Watson Public by 11.4% during the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company's stock valued at $5,625,000 after buying an additional 1,957 shares in the last quarter. Intech Investment Management LLC boosted its position in shares of Willis Towers Watson Public by 28.3% during the third quarter. Intech Investment Management LLC now owns 104,414 shares of the company's stock worth $30,753,000 after acquiring an additional 23,001 shares during the last quarter. OneDigital Investment Advisors LLC grew its stake in Willis Towers Watson Public by 71.7% during the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company's stock valued at $1,957,000 after acquiring an additional 2,775 shares in the last quarter. Atom Investors LP increased its holdings in Willis Towers Watson Public by 64.0% in the 3rd quarter. Atom Investors LP now owns 8,014 shares of the company's stock valued at $2,360,000 after acquiring an additional 3,126 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Willis Towers Watson Public by 24.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company's stock worth $55,156,000 after purchasing an additional 37,340 shares in the last quarter. 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.