Willis Towers Watson Public Limited Company (NASDAQ:WTW) Receives $356.30 Average Price Target from Brokerages

Willis Towers Watson Public Limited Company (NASDAQ:WTW) has earned an average rating of “Moderate Buy” from the ten ratings firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $356.30.

Several equities analysts have commented on the stock. UBS Group raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and raised their target price for the company from $344.00 to $395.00 in a report on Tuesday, March 18th. Keefe, Bruyette & Woods cut their target price on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an “outperform” rating on the stock in a research report on Monday, April 28th. Jefferies Financial Group cut their target price on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating on the stock in a research report on Friday, April 11th. Finally, Barclays boosted their price target on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an “underweight” rating in a research report on Friday, April 11th.

Insider Buying and Selling at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,600 shares of the company’s stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total value of $505,200.00. Following the completion of the sale, the chief financial officer now owns 11,982 shares in the company, valued at $3,783,316.50. This represents a 11.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.32% of the stock is currently owned by company insiders.

Institutional Trading of Willis Towers Watson Public

Several institutional investors have recently made changes to their positions in the company. Swedbank AB boosted its holdings in shares of Willis Towers Watson Public by 21.6% in the 1st quarter. Swedbank AB now owns 19,917 shares of the company’s stock worth $6,731,000 after buying an additional 3,536 shares during the last quarter. Strs Ohio bought a new stake in shares of Willis Towers Watson Public in the 1st quarter worth approximately $2,065,000. Advisors Capital Management LLC lifted its holdings in shares of Willis Towers Watson Public by 2.0% in the 1st quarter. Advisors Capital Management LLC now owns 4,101 shares of the company’s stock worth $1,386,000 after acquiring an additional 80 shares during the last quarter. WBI Investments LLC increased its stake in shares of Willis Towers Watson Public by 17.4% in the first quarter. WBI Investments LLC now owns 4,610 shares of the company’s stock worth $1,558,000 after buying an additional 684 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in shares of Willis Towers Watson Public by 38.6% in the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after buying an additional 39 shares during the period. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Down 1.2%

NASDAQ WTW opened at $298.78 on Friday. The company has a market cap of $29.62 billion, a PE ratio of -597.55, a PEG ratio of 2.58 and a beta of 0.70. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.58. Willis Towers Watson Public has a 12 month low of $255.19 and a 12 month high of $344.14. The stock has a 50 day moving average of $307.79 and a 200-day moving average of $317.23.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, April 24th. The company reported $3.13 earnings per share for the quarter, missing analysts’ consensus estimates of $3.27 by ($0.14). Willis Towers Watson Public had a negative net margin of 0.54% and a positive return on equity of 20.53%. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter last year, the company posted $3.13 EPS. The firm’s revenue was down 5.0% on a year-over-year basis. On average, equities research analysts anticipate that Willis Towers Watson Public will post 17.32 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 Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a $0.92 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $3.68 annualized dividend and a dividend yield of 1.23%. Willis Towers Watson Public’s dividend payout ratio is currently -736.00%.

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.