Willis Towers Watson Public Limited (NASDAQ:WTW) Receives $342.08 Consensus Target Price from Brokerages

Willis Towers Watson Public Limited (NASDAQ:WTW) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $342.08.

Several research analysts have recently issued reports on the stock. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their target price for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Jefferies Financial Group upgraded shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their target price for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Truist Financial restated a “buy” rating and issued a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $357.00 to $373.00 in a research note on Wednesday, January 8th. Finally, Wells Fargo & Company dropped their price target on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th.

Willis Towers Watson Public Stock Down 0.3 %

Shares of Willis Towers Watson Public stock opened at $324.73 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98. Willis Towers Watson Public has a 52-week low of $245.04 and a 52-week high of $334.99. The stock has a market capitalization of $32.71 billion, a price-to-earnings ratio of -324.73, a P/E/G ratio of 2.92 and a beta of 0.74. The company’s 50 day moving average price is $317.98 and its 200-day moving average price is $304.44.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter last year, the business earned $7.44 earnings per share. The business’s revenue was up 4.2% on a year-over-year basis. Equities research analysts forecast that Willis Towers Watson Public will post 17.35 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.08%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is currently -352.00%.

Hedge Funds Weigh In On Willis Towers Watson Public

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Capital Performance Advisors LLP purchased a new position in Willis Towers Watson Public during the third quarter valued at $27,000. McIlrath & Eck LLC purchased a new position in Willis Towers Watson Public during the fourth quarter valued at $30,000. GeoWealth Management LLC lifted its position in Willis Towers Watson Public by 94.9% during the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company’s stock valued at $36,000 after buying an additional 56 shares during the period. Y.D. More Investments Ltd lifted its position in Willis Towers Watson Public by 121.1% during the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock valued at $39,000 after buying an additional 69 shares during the period. Finally, Ashton Thomas Securities LLC purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter worth about $41,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

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.