Wells Fargo & Company Issues Pessimistic Forecast for Willis Towers Watson Public (NASDAQ:WTW) Stock Price

Willis Towers Watson Public (NASDAQ:WTW) had its price objective cut by Wells Fargo & Company from $380.00 to $345.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have an overweight rating on the stock.

A number of other research analysts have also weighed in on the stock. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their target price for the stock from $352.00 to $382.00 in a research note on Friday, December 20th. Barclays lifted their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Roth Mkm upped their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price target for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Finally, UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and a consensus price target of $333.64.

Willis Towers Watson Public Trading Up 0.6 %

WTW stock opened at $313.24 on Tuesday. Willis Towers Watson Public has a 12-month low of $242.54 and a 12-month high of $334.99. The business’s 50-day moving average is $314.88 and its 200 day moving average is $294.64. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The stock has a market cap of $31.55 billion, a price-to-earnings ratio of -43.03, a PEG ratio of 1.83 and a beta of 0.74.

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

Willis Towers Watson Public Dividend Announcement

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

Institutional Investors Weigh In On Willis Towers Watson Public

A number of institutional investors have recently modified their holdings of the company. Timber Creek Capital Management LLC boosted its holdings in Willis Towers Watson Public by 11.4% during the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock valued at $5,625,000 after acquiring an additional 1,957 shares during the period. Intech Investment Management LLC boosted its stake in shares of Willis Towers Watson Public by 28.3% in the third quarter. Intech Investment Management LLC now owns 104,414 shares of the company’s stock valued at $30,753,000 after purchasing an additional 23,001 shares during the period. OneDigital Investment Advisors LLC boosted its stake in shares of Willis Towers Watson Public by 71.7% in the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock valued at $1,957,000 after purchasing an additional 2,775 shares during the period. Atom Investors LP grew its holdings in shares of Willis Towers Watson Public by 64.0% in the third quarter. Atom Investors LP now owns 8,014 shares of the company’s stock valued at $2,360,000 after purchasing an additional 3,126 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Willis Towers Watson Public by 24.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company’s stock worth $55,156,000 after buying an additional 37,340 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

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.