Willis Towers Watson Public (NASDAQ:WTW) Upgraded by Evercore ISI to Outperform Rating

Evercore ISI upgraded shares of Willis Towers Watson Public (NASDAQ:WTWFree Report) from an in-line rating to an outperform rating in a research report report published on Wednesday morning, Marketbeat.com reports. Evercore ISI currently has $373.00 price target on the stock, up from their previous price target of $357.00.

Other equities analysts have also issued research reports about the company. Keefe, Bruyette & Woods increased their target price on Willis Towers Watson Public from $359.00 to $378.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Barclays boosted their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Roth Mkm increased their target price on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Finally, Wells Fargo & Company boosted their price target on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Willis Towers Watson Public currently has a consensus rating of “Moderate Buy” and an average price target of $333.29.

Check Out Our Latest Analysis on Willis Towers Watson Public

Willis Towers Watson Public Trading Down 0.4 %

WTW opened at $312.92 on Wednesday. The firm has a 50 day simple moving average of $314.60 and a 200 day simple moving average of $293.52. Willis Towers Watson Public has a fifty-two week low of $242.54 and a fifty-two week high of $334.99. The company has a market cap of $31.52 billion, a price-to-earnings ratio of -42.98, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last issued its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the previous year, the company posted $2.24 EPS. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Willis Towers Watson Public will post 16.75 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.52 annualized dividend and a dividend yield of 1.12%. Willis Towers Watson Public’s dividend payout ratio is currently -48.35%.

Hedge Funds Weigh In On Willis Towers Watson Public

Hedge funds have recently made changes to their positions in the business. Mizuho Securities USA LLC boosted its holdings in shares of Willis Towers Watson Public by 95,880.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock valued at $2,229,298,000 after buying an additional 7,561,114 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Willis Towers Watson Public by 277.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock valued at $248,706,000 after acquiring an additional 620,926 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec grew its position in shares of Willis Towers Watson Public by 47,515.7% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock valued at $147,255,000 after acquiring an additional 498,915 shares during the period. American Century Companies Inc. increased its stake in shares of Willis Towers Watson Public by 22.5% during the 2nd quarter. American Century Companies Inc. now owns 1,006,728 shares of the company’s stock worth $263,904,000 after purchasing an additional 185,126 shares during the last quarter. Finally, Point72 Asset Management L.P. raised its holdings in shares of Willis Towers Watson Public by 456.5% in the 2nd quarter. Point72 Asset Management L.P. now owns 198,389 shares of the company’s stock valued at $52,006,000 after purchasing an additional 162,741 shares during the period. 93.09% of the stock is owned by institutional investors.

About Willis Towers Watson Public

(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 & 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.

Further Reading

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

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