Willis Towers Watson Public (NASDAQ:WTW) Stock Price Target Raised at Mizuho

Willis Towers Watson Public (NASDAQ:WTW) had its price target lifted by Mizuho from $370.00 to $384.00 in a research report released on Friday morning,Benzinga reports. Mizuho currently has an outperform rating on the stock.

Several other equities analysts also recently issued reports on WTW. Keefe, Bruyette & Woods lifted their price target on shares of Willis Towers Watson Public from $360.00 to $397.00 and gave the company an “outperform” rating in a report on Thursday, November 5th. BMO Capital Markets decreased their price objective on shares of Willis Towers Watson Public from $365.00 to $332.00 and set an “outperform” rating on the stock in a research note on Thursday, October 1st. Robert W. Baird dropped their price objective on shares of Willis Towers Watson Public from $385.00 to $383.00 in a report on Friday, October 30th. Morgan Stanley cut their target price on shares of Willis Towers Watson Public from $350.00 to $310.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 6th. Finally, Jefferies Financial Group reduced their target price on Willis Towers Watson Public from $402.00 to $401.00 and set a “buy” rating on the stock in a report on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $370.89.

Willis Towers Watson Public Stock Performance

NASDAQ:WTW opened at $335.34 on Friday. Willis Towers Watson Public has a 12-month low of $240.61 and a 12-month high of $351.51. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $30.93 billion, a PE ratio of 20.46, a price-to-earnings-growth ratio of 0.95 and a beta of 0.44. The firm has a 50-day moving average price of $312.90 and a 200 day moving average price of $297.74.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, October 29th. The company reported $3.63 EPS for the quarter, topping the consensus estimate of $3.59 by $0.04. Willis Towers Watson Public had a return on equity of 22.65% and a net margin of 15.22%. The business had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.45 billion. During the same quarter last year, the company earned $3.07 EPS. Willis Towers Watson Public’s revenue was up 7.5% on a year-over-year basis. Research analysts anticipate that Willis Towers Watson Public will post 19.80 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Wednesday, September 30th. Willis Towers Watson Public’s dividend payout ratio is presently 23.43%.

Institutional Trading of Willis Towers Watson Public

Hedge funds and other institutional investors have recently modified their holdings of the stock. Steward Partners Investment Advisory LLC increased its stake in shares of Willis Towers Watson Public by 23.9% in the 3rd quarter. Steward Partners Investment Advisory LLC now owns 1,987 shares of the company’s stock valued at $573,000 after buying an additional 383 shares during the period. State Board of Administration of Florida Retirement System raised its position in shares of Willis Towers Watson Public by 7.5% during the third quarter. State Board of Administration of Florida Retirement System now owns 90,235 shares of the company’s stock worth $26,008,000 after acquiring an additional 6,317 shares during the last quarter. PEAK6 LLC lifted its stake in shares of Willis Towers Watson Public by 80.4% during the third quarter. PEAK6 LLC now owns 3,190 shares of the company’s stock valued at $919,000 after acquiring an additional 1,422 shares during the period. Polymer Capital Management US LLC acquired a new position in shares of Willis Towers Watson Public during the third quarter valued at $243,000. Finally, Meeder Advisory Services Inc. acquired a new position in shares of Willis Towers Watson Public during the third quarter valued at $216,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

About Willis Towers Watson Public

Willis Towers Watson Public Limited Company, which operates under the WTW name, is a global advisory, broking and solutions firm. It helps organizations manage risk, improve employee benefits and support workforce and business performance. WTW’s services include insurance and risk brokerage, risk management advice, retirement and investment consulting, health and benefits solutions, and guidance on talent, rewards and organizational strategy. It serves businesses, public-sector organizations and individuals across a range of industries.