Willis Towers Watson Public (NASDAQ:WTW) Price Target Raised to $387.00

Willis Towers Watson Public (NASDAQ:WTW) had its price objective increased by Keefe, Bruyette & Woods from $378.00 to $387.00 in a research report sent to investors on Friday morning,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the stock.

Other equities research analysts also recently issued reports about the company. Roth Mkm boosted their price target 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. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their price objective for the company from $352.00 to $382.00 in a research report on Friday, December 20th. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Finally, Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their price target for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Willis Towers Watson Public currently has a consensus rating of “Moderate Buy” and a consensus price target of $333.29.

Willis Towers Watson Public Stock Down 0.4 %

Shares of NASDAQ:WTW opened at $312.92 on Friday. The company has a market capitalization of $31.52 billion, a price-to-earnings ratio of -42.98, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74. The company has a 50 day moving average of $314.60 and a two-hundred day moving average of $293.95. Willis Towers Watson Public has a 52-week low of $242.54 and a 52-week high of $334.99. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company earned $2.24 earnings per share. As a group, analysts forecast that Willis Towers Watson Public will post 16.75 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

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

Hedge Funds Weigh In On Willis Towers Watson Public

A number of hedge funds have recently added to or reduced their stakes in the company. Mizuho Securities USA LLC boosted its holdings in shares of Willis Towers Watson Public by 95,880.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after buying an additional 7,561,114 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Willis Towers Watson Public by 277.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock worth $248,706,000 after purchasing an additional 620,926 shares during the period. Caisse DE Depot ET Placement DU Quebec lifted its position in shares of Willis Towers Watson Public by 47,515.7% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock worth $147,255,000 after purchasing an additional 498,915 shares during the last quarter. Point72 Asset Management L.P. boosted its stake in Willis Towers Watson Public by 456.5% during the 2nd quarter. Point72 Asset Management L.P. now owns 198,389 shares of the company’s stock valued at $52,006,000 after purchasing an additional 162,741 shares during the period. Finally, World Investment Advisors LLC acquired a new stake in Willis Towers Watson Public in the 3rd quarter valued at approximately $39,999,000. Institutional investors and hedge funds 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.