Willis Towers Watson Public Limited Company (NASDAQ:WTW) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Willis Towers Watson Public Limited Company (NASDAQ:WTW – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the sixteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $364.40.

A number of brokerages have commented on WTW. UBS Group decreased their price objective on Willis Towers Watson Public from $405.00 to $398.00 and set a “buy” rating on the stock in a report on Tuesday, October 6th. Mizuho lowered their price objective on Willis Towers Watson Public from $380.00 to $349.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 7th. Barclays lifted their target price on Willis Towers Watson Public from $303.00 to $332.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 7th. Keefe, Bruyette & Woods raised their price target on shares of Willis Towers Watson Public from $381.00 to $394.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. Finally, TD Cowen lifted their price objective on Willis Towers Watson Public from $391.00 to $455.00 and gave the company a “buy” rating in a report on Thursday, August 20th.

View Our Latest Analysis on WTW

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $310.36 on Friday. The firm’s 50 day moving average is $318.33 and its 200-day moving average is $292.56. 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 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $28.82 billion, a PE ratio of 19.09, a price-to-earnings-growth ratio of 0.86 and a beta of 0.46.

Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $3.35 earnings per share for the quarter, topping analysts’ consensus estimates of $3.12 by $0.23. Willis Towers Watson Public had a net margin of 15.49% and a return on equity of 22.19%. The business had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.42 billion. During the same period in the previous year, the company earned $2.86 earnings per share. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. Equities research analysts anticipate that Willis Towers Watson Public will post 19.80 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Wednesday, September 30th. Willis Towers Watson Public’s payout ratio is currently 23.62%.

Institutional Trading of Willis Towers Watson Public

A number of hedge funds have recently made changes to their positions in the company. V Square Quantitative Management LLC raised its position in Willis Towers Watson Public by 4.9% during the 3rd quarter. V Square Quantitative Management LLC now owns 2,855 shares of the company’s stock worth $823,000 after purchasing an additional 134 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in Willis Towers Watson Public by 2.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 3,404 shares of the company’s stock worth $981,000 after acquiring an additional 76 shares during the period. Mather Group LLC. raised its position in shares of Willis Towers Watson Public by 17.1% in the 3rd quarter. Mather Group LLC. now owns 1,907 shares of the company’s stock worth $550,000 after acquiring an additional 279 shares in the last quarter. Virginia Estate & Retirement Planning Advisors Inc. acquired a new stake in Willis Towers Watson Public during the third quarter worth approximately $31,000. Finally, Wedmont Private Capital lifted its stake in Willis Towers Watson Public by 17.0% in the third quarter. Wedmont Private Capital now owns 1,739 shares of the company’s stock valued at $518,000 after buying an additional 253 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

About Willis Towers Watson Public

(Get Free Report)

Willis Towers Watson Public Limited Company, operating under the name WTW, is a global advisory, broking and solutions company. It helps organizations manage risk, optimize employee benefits and support their workforce strategies, while also providing investment, data and technology services.

WTW’s principal activities include insurance brokerage and risk management, health and benefits consulting, retirement and investment advisory services, actuarial consulting, executive compensation and talent management.

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Analyst Recommendations for Willis Towers Watson Public (NASDAQ:WTW)

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