Willis Towers Watson Public (NASDAQ:WTW) Upgraded at UBS Group

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) was upgraded by investment analysts at UBS Group from a "neutral" rating to a "buy" rating in a report issued on Tuesday, Marketbeat reports. The firm presently has a $395.00 target price on the stock, up from their previous target price of $344.00. UBS Group's price target suggests a potential upside of 18.72% from the stock's previous close.

Other research analysts have also recently issued reports about the company. Evercore ISI raised Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and lifted their price objective for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. 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. Keefe, Bruyette & Woods lifted their price objective on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an "outperform" rating in a research report on Friday, January 10th. Jefferies Financial Group raised Willis Towers Watson Public from a "hold" rating to a "buy" rating and lifted their target price for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Finally, Barclays upped their price target on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an "underweight" rating in a research note on Thursday, November 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Willis Towers Watson Public has a consensus rating of "Moderate Buy" and an average target price of $346.15.

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Willis Towers Watson Public Stock Performance

NASDAQ:WTW traded down $1.80 on Tuesday, hitting $332.71. The stock had a trading volume of 892,586 shares, compared to its average volume of 504,003. The stock has a market cap of $33.17 billion, a price-to-earnings ratio of -332.71, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The business's 50-day simple moving average is $326.11 and its two-hundred day simple moving average is $311.77. Willis Towers Watson Public has a 52-week low of $245.04 and a 52-week high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating analysts' consensus estimates of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The firm had revenue of $3.04 billion for the quarter, compared to analysts' expectations of $3.05 billion. During the same period in the previous year, the firm earned $7.44 EPS. The business's quarterly revenue was up 4.2% on a year-over-year basis. As a group, research analysts predict that Willis Towers Watson Public will post 17.32 earnings per share for the current year.

Insider Transactions at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of the business's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $335.77, for a total value of $1,136,245.68. Following the sale, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.22% of the company's stock.

Institutional Trading of Willis Towers Watson Public

A number of large investors have recently made changes to their positions in WTW. 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 purchasing an additional 1,957 shares during the last quarter. Intech Investment Management LLC grew its holdings in Willis Towers Watson Public by 28.3% during the 3rd quarter. Intech Investment Management LLC now owns 104,414 shares of the company's stock valued at $30,753,000 after purchasing an additional 23,001 shares during the last quarter. Atom Investors LP grew its holdings in Willis Towers Watson Public by 64.0% during the 3rd quarter. Atom Investors LP now owns 8,014 shares of the company's stock valued at $2,360,000 after purchasing an additional 3,126 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Willis Towers Watson Public by 24.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company's stock valued at $55,156,000 after purchasing an additional 37,340 shares during the last quarter. Finally, DRW Securities LLC grew its holdings in Willis Towers Watson Public by 205.6% during the 3rd quarter. DRW Securities LLC now owns 4,596 shares of the company's stock valued at $1,354,000 after purchasing an additional 3,092 shares during the last quarter. 93.09% of the stock is currently owned by 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.