Willis Towers Watson Public (NASDAQ:WTW) Rating Increased to Hold at Wolfe Research

Willis Towers Watson Public (NASDAQ:WTW) was upgraded by equities research analysts at Wolfe Research to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

A number of other research analysts have also recently commented on the company. Morgan Stanley raised their price target on Willis Towers Watson Public from $335.00 to $345.00 and gave the stock an “equal weight” rating in a research report on Monday, August 18th. Citigroup began coverage on Willis Towers Watson Public in a research note on Wednesday, August 13th. They issued a “neutral” rating and a $351.00 price objective on the stock. Barclays decreased their price objective on Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating for the company in a report on Monday, July 7th. Wells Fargo & Company decreased their price target on Willis Towers Watson Public from $387.00 to $369.00 and set an “overweight” rating for the company in a report on Thursday, July 10th. Finally, Cantor Fitzgerald assumed coverage on Willis Towers Watson Public in a research report on Wednesday, August 13th. They issued a “neutral” rating and a $355.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $362.92.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $330.72 on Monday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.90 and a quick ratio of 1.90. The stock has a market cap of $32.26 billion, a PE ratio of 226.52, a price-to-earnings-growth ratio of 2.66 and a beta of 0.71. The stock has a 50-day moving average of $322.66 and a 200-day moving average of $317.56. Willis Towers Watson Public has a one year low of $286.00 and a one year high of $344.14.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, July 31st. The company reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.65 by $0.21. Willis Towers Watson Public had a return on equity of 21.60% and a net margin of 1.40%.The firm had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.23 billion. During the same quarter in the prior year, the firm posted $2.55 EPS. The business’s revenue was down .2% on a year-over-year basis. As a group, sell-side analysts expect that Willis Towers Watson Public will post 17.32 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Wayfinding Financial LLC purchased a new position in Willis Towers Watson Public during the first quarter valued at $25,000. Cornerstone Planning Group LLC grew its holdings in shares of Willis Towers Watson Public by 750.0% in the first quarter. Cornerstone Planning Group LLC now owns 85 shares of the company’s stock worth $28,000 after acquiring an additional 75 shares during the period. McIlrath & Eck LLC bought a new stake in shares of Willis Towers Watson Public in the fourth quarter worth $30,000. Crewe Advisors LLC bought a new stake in Willis Towers Watson Public during the first quarter valued at about $32,000. Finally, Larson Financial Group LLC grew its holdings in Willis Towers Watson Public by 122.9% during the first quarter. Larson Financial Group LLC now owns 107 shares of the company’s stock valued at $36,000 after purchasing an additional 59 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

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.