Willis Towers Watson Public Limited Company (NASDAQ:WTW) Receives $373.50 Average Target Price from Analysts

Shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) have been assigned a consensus recommendation of “Moderate Buy” from the sixteen ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $371.50.

Several brokerages have recently issued reports on WTW. UBS Group lifted their price target on Willis Towers Watson Public from $398.00 to $409.00 and gave the company a “buy” rating in a research report on Monday, February 9th. TD Cowen decreased their target price on Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating for the company in a research note on Monday, November 10th. Wall Street Zen upgraded shares of Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Mizuho cut their price target on shares of Willis Towers Watson Public from $392.00 to $358.00 and set an “outperform” rating for the company in a report on Friday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Willis Towers Watson Public in a research note on Monday, December 29th.

Institutional Investors Weigh In On Willis Towers Watson Public

Several large investors have recently modified their holdings of WTW. Alpine Bank Wealth Management acquired a new stake in shares of Willis Towers Watson Public during the third quarter worth $25,000. Bartlett & CO. Wealth Management LLC increased its stake in Willis Towers Watson Public by 375.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock worth $25,000 after purchasing an additional 60 shares in the last quarter. Fideuram Asset Management Ireland dac acquired a new stake in Willis Towers Watson Public during the 4th quarter worth about $28,000. SOA Wealth Advisors LLC. lifted its stake in Willis Towers Watson Public by 8,200.0% during the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock valued at $29,000 after buying an additional 82 shares in the last quarter. Finally, Larson Financial Group LLC boosted its holdings in shares of Willis Towers Watson Public by 72.5% in the fourth quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock worth $29,000 after buying an additional 37 shares during the period. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Down 1.0%

WTW stock opened at $305.17 on Thursday. The firm’s 50-day moving average is $317.76 and its two-hundred day moving average is $325.34. The company has a market capitalization of $28.85 billion, a price-to-earnings ratio of 18.63, a price-to-earnings-growth ratio of 1.37 and a beta of 0.62. Willis Towers Watson Public has a 52 week low of $275.60 and a 52 week high of $352.79. The company has a current ratio of 2.21, a quick ratio of 1.69 and a debt-to-equity ratio of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $8.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.93 by $0.19. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The business had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.87 billion. During the same period last year, the firm posted $8.13 earnings per share. The business’s revenue was down 3.3% on a year-over-year basis. On average, analysts forecast that Willis Towers Watson Public will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 1.3%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.92. The ex-dividend date is Tuesday, March 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 22.47%.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.