Keefe, Bruyette & Woods Trims Willis Towers Watson Public (NASDAQ:WTW) Target Price to $311.00

Willis Towers Watson Public (NASDAQ:WTW) had its price objective cut by Keefe, Bruyette & Woods from $317.00 to $311.00 in a report published on Monday, Benzinga reports. They currently have an outperform rating on the stock.

Other equities analysts have also issued research reports about the stock. TD Cowen began coverage on shares of Willis Towers Watson Public in a research report on Wednesday, January 10th. They set an outperform rating and a $316.00 price target for the company. Evercore ISI increased their target price on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the company an in-line rating in a research report on Friday, April 26th. BMO Capital Markets raised shares of Willis Towers Watson Public from an underperform rating to a market perform rating and lifted their price target for the stock from $236.00 to $298.00 in a report on Monday, February 12th. Piper Sandler increased their price objective on Willis Towers Watson Public from $297.00 to $303.00 and gave the company an overweight rating in a report on Friday, April 26th. Finally, Morgan Stanley raised their target price on Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an equal weight rating in a research report on Wednesday, February 7th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of Moderate Buy and an average price target of $295.54.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock opened at $253.07 on Monday. Willis Towers Watson Public has a 52 week low of $195.29 and a 52 week high of $278.86. The company’s 50 day moving average price is $267.12 and its two-hundred day moving average price is $253.39. The stock has a market cap of $25.87 billion, a P/E ratio of 25.38, a P/E/G ratio of 1.44 and a beta of 0.75. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.55.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, April 25th. The company reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $3.21 by $0.08. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.37 billion. During the same period last year, the company posted $2.84 earnings per share. Willis Towers Watson Public’s quarterly revenue was up 4.3% compared to the same quarter last year. On average, equities analysts predict that Willis Towers Watson Public will post 16.27 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were given a dividend of $0.88 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.84. This represents a $3.52 annualized dividend and a dividend yield of 1.39%. Willis Towers Watson Public’s dividend payout ratio is currently 35.31%.

Insider Activity

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $272.13, for a total transaction of $299,343.00. Following the completion of the transaction, the chief financial officer now directly owns 4,170 shares in the company, valued at approximately $1,134,782.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.22% of the stock is owned by company insiders.

Institutional Trading of Willis Towers Watson Public

Large investors have recently modified their holdings of the business. Blueshift Asset Management LLC grew its position in Willis Towers Watson Public by 2.6% in the fourth quarter. Blueshift Asset Management LLC now owns 1,494 shares of the company’s stock worth $360,000 after acquiring an additional 38 shares in the last quarter. US Bancorp DE boosted its holdings in shares of Willis Towers Watson Public by 0.3% in the 4th 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 position in shares of Willis Towers Watson Public by 19.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 249 shares of the company’s stock valued at $60,000 after purchasing an additional 41 shares during the last quarter. Live Oak Private Wealth LLC increased its position in shares of Willis Towers Watson Public by 0.7% during the 1st quarter. Live Oak Private Wealth LLC now owns 6,499 shares of the company’s stock valued at $1,787,000 after purchasing an additional 43 shares during the last quarter. Finally, Checchi Capital Advisers LLC raised its holdings in shares of Willis Towers Watson Public by 5.6% during the 1st quarter. Checchi Capital Advisers LLC now owns 884 shares of the company’s stock valued at $243,000 after buying an additional 47 shares in the last quarter. 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.