Willis Towers Watson Public Limited (NASDAQ:WTW) Receives $326.33 Consensus PT from Brokerages

Shares of Willis Towers Watson Public Limited (NASDAQ:WTW) have received a consensus recommendation of “Moderate Buy” from the sixteen analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, eight have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $326.33.

Several equities analysts have recently weighed in on WTW shares. Truist Financial reiterated a “buy” rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Roth Mkm upped their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Barclays increased their price target on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Finally, Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their target price for the stock from $352.00 to $382.00 in a research note on Friday, December 20th.

Institutional Investors Weigh In On Willis Towers Watson Public

Institutional investors and hedge funds have recently bought and sold shares of the business. Mizuho Securities USA LLC increased its position in shares of Willis Towers Watson Public by 95,880.2% during 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 during the period. Geode Capital Management LLC grew its holdings in shares of 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 worth $772,027,000 after acquiring an additional 19,623 shares during the period. FMR LLC grew its holdings in shares of Willis Towers Watson Public by 2.0% during the 3rd quarter. FMR LLC now owns 2,416,455 shares of the company’s stock worth $711,718,000 after acquiring an additional 48,384 shares during the period. Victory Capital Management Inc. raised its position in shares of Willis Towers Watson Public by 0.5% in the 3rd quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock worth $589,698,000 after acquiring an additional 10,856 shares in the last quarter. Finally, Baupost Group LLC MA lifted its stake in shares of Willis Towers Watson Public by 7.8% in the 3rd 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 period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Up 0.3 %

Willis Towers Watson Public stock opened at $313.24 on Friday. The firm has a 50 day moving average price of $312.30 and a 200-day moving average price of $291.25. 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 has a twelve month low of $237.50 and a twelve month high of $334.99. The company has a market capitalization of $31.55 billion, a P/E ratio of -43.03, a P/E/G ratio of 1.83 and a beta of 0.74.

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

Willis Towers Watson Public Announces Dividend

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

About Willis Towers Watson Public

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.