Willis Towers Watson Public (NASDAQ:WTW) Upgraded to Market Perform by BMO Capital Markets

BMO Capital Markets upgraded shares of Willis Towers Watson Public (NASDAQ:WTWFree Report) from an underperform rating to a market perform rating in a research report report published on Monday, Marketbeat.com reports. BMO Capital Markets currently has $298.00 price objective on the stock, up from their prior price objective of $236.00.

WTW has been the subject of a number of other reports. Raymond James boosted their price objective on shares of Willis Towers Watson Public from $250.00 to $255.00 and gave the stock an outperform rating in a report on Tuesday, October 31st. Stifel Nicolaus upped their price target on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the company a hold rating in a research report on Wednesday, February 7th. Roth Mkm raised their price objective on Willis Towers Watson Public from $275.00 to $300.00 and gave the company a buy rating in a research note on Wednesday, February 7th. TD Cowen started coverage on Willis Towers Watson Public in a research note on Wednesday, January 10th. They issued an outperform rating and a $316.00 target price for the company. Finally, TheStreet raised Willis Towers Watson Public from a c+ rating to a b- rating in a research note on Monday, October 30th. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of Moderate Buy and a consensus price target of $284.36.

Read Our Latest Report on Willis Towers Watson Public

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW opened at $272.20 on Monday. The company’s fifty day moving average price is $246.62 and its 200-day moving average price is $227.54. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.45 and a quick ratio of 1.32. The firm has a market capitalization of $28.11 billion, a price-to-earnings ratio of 27.17, a PEG ratio of 1.62 and a beta of 0.72. Willis Towers Watson Public has a one year low of $195.29 and a one year high of $275.00.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $7.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.05 by $0.39. The firm had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.91 billion. Willis Towers Watson Public had a return on equity of 15.70% and a net margin of 11.12%. The company’s revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.33 earnings per share. On average, equities research analysts anticipate that Willis Towers Watson Public will post 16.28 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Sunday, December 31st were given a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date was Thursday, December 28th. Willis Towers Watson Public’s payout ratio is currently 33.53%.

Hedge Funds Weigh In On Willis Towers Watson Public

Several hedge funds and other institutional investors have recently modified their holdings of the stock. US Bancorp DE raised its holdings in Willis Towers Watson Public by 0.3% in the fourth quarter. US Bancorp DE now owns 12,992 shares of the company’s stock worth $3,134,000 after purchasing an additional 39 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Willis Towers Watson Public by 19.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 249 shares of the company’s stock worth $60,000 after acquiring an additional 41 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Willis Towers Watson Public by 2.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,699 shares of the company’s stock valued at $416,000 after acquiring an additional 42 shares during the period. National Bank of Canada FI boosted its stake in Willis Towers Watson Public by 1.3% during the second quarter. National Bank of Canada FI now owns 3,897 shares of the company’s stock worth $912,000 after acquiring an additional 51 shares in the last quarter. Finally, Steel Canyon Capital LLC grew its holdings in Willis Towers Watson Public by 0.3% in the fourth quarter. Steel Canyon Capital LLC now owns 16,063 shares of the company’s stock worth $3,929,000 after purchasing an additional 51 shares during the period. Hedge funds and other institutional investors own 91.41% of the company’s stock.

Willis Towers Watson Public Company Profile

(Get Free Report)

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth and 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 programs; actuarial support, plan design, and administrative services for pension and retirement savings plans; and benefits outsourcing services, including a suite of health and welfare, and pension administration outsourcing services.

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

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