Willis Towers Watson Public (NASDAQ:WTW) Upgraded at Evercore ISI

Evercore ISI upgraded shares of Willis Towers Watson Public (NASDAQ:WTW - Free Report) from an in-line rating to an outperform rating in a research note released on Wednesday, Marketbeat reports. They currently have $373.00 price target on the stock, up from their prior price target of $357.00.

Several other equities research analysts also recently weighed in on the company. Raymond James raised Willis Towers Watson Public from an "outperform" rating to a "strong-buy" rating and increased their price objective for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a "hold" rating to a "buy" rating and raised their price objective for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Truist Financial reaffirmed a "buy" rating and issued a $380.00 target price (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. 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 report on Thursday, November 21st. Finally, UBS Group raised Willis Towers Watson Public to a "hold" rating in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, five have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $331.53.

Willis Towers Watson Public Stock Up 1.7 %

Shares of NASDAQ WTW traded up $5.15 during midday trading on Wednesday, hitting $314.15. 655,015 shares of the company's stock were exchanged, compared to its average volume of 519,583. The firm's fifty day simple moving average is $313.68 and its 200-day simple moving average is $292.90. The company has a market cap of $31.64 billion, a PE ratio of -43.15, a P/E/G ratio of 1.83 and a beta of 0.74. Willis Towers Watson Public has a twelve month low of $238.37 and a twelve month high of $334.99. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share 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 company had revenue of $2.29 billion for the quarter, compared to analysts' expectations of $2.28 billion. During the same quarter last year, the company earned $2.24 earnings per share. The firm's revenue for the quarter was up 5.7% on a year-over-year basis. Research analysts predict that Willis Towers Watson Public will post 16.75 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business 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 dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Tuesday, December 31st. Willis Towers Watson Public's dividend payout ratio is currently -48.35%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mizuho Securities USA LLC increased its position in shares of Willis Towers Watson Public by 95,880.2% in the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company's stock valued at $2,229,298,000 after buying an additional 7,561,114 shares in the last quarter. Geode Capital Management LLC increased its holdings in Willis Towers Watson Public by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company's stock valued at $772,027,000 after acquiring an additional 19,623 shares in the last quarter. FMR LLC lifted its holdings in shares of Willis Towers Watson Public by 2.0% in the third quarter. FMR LLC now owns 2,416,455 shares of the company's stock valued at $711,718,000 after purchasing an additional 48,384 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Willis Towers Watson Public by 0.5% in the third quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company's stock valued at $589,698,000 after purchasing an additional 10,856 shares in the last quarter. Finally, Baupost Group LLC MA grew its position in shares of Willis Towers Watson Public by 7.8% in the third quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company's stock valued at $524,619,000 after purchasing an additional 128,558 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

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.