Keefe, Bruyette & Woods Boosts Willis Towers Watson Public (NASDAQ:WTW) Price Target to $359.00

Willis Towers Watson Public (NASDAQ:WTW) had its target price lifted by research analysts at Keefe, Bruyette & Woods from $352.00 to $359.00 in a note issued to investors on Tuesday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 13.14% from the stock’s current price.

Several other equities analysts have also commented on the company. Barclays assumed coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price objective for the company. Wells Fargo & Company lifted 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 research report on Monday. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Jefferies Financial Group lifted their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. Finally, Roth Mkm upped their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $312.27.

Willis Towers Watson Public Trading Up 3.0 %

Shares of WTW opened at $317.31 on Tuesday. Willis Towers Watson Public has a 1-year low of $234.00 and a 1-year high of $320.10. 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 firm’s 50-day moving average price is $293.26 and its 200-day moving average price is $274.26. The firm has a market capitalization of $31.96 billion, a price-to-earnings ratio of -43.59, a PEG ratio of 1.89 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The business had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the previous year, the firm posted $2.24 EPS. The business’s revenue was up 5.7% on a year-over-year basis. Sell-side analysts anticipate that Willis Towers Watson Public will post 16.64 EPS for the current year.

Institutional Investors Weigh In On Willis Towers Watson Public

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Natixis Advisors LLC grew its stake in Willis Towers Watson Public by 2.6% in the third quarter. Natixis Advisors LLC now owns 147,913 shares of the company’s stock worth $43,565,000 after purchasing an additional 3,709 shares in the last quarter. Mizuho Securities USA LLC lifted 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 worth $2,229,298,000 after buying an additional 7,561,114 shares during the period. Empowered Funds LLC grew its position in shares of Willis Towers Watson Public by 2.8% during the 3rd quarter. Empowered Funds LLC now owns 4,417 shares of the company’s stock worth $1,301,000 after buying an additional 120 shares in the last quarter. CIBC Asset Management Inc increased its stake in shares of Willis Towers Watson Public by 8.8% during the third quarter. CIBC Asset Management Inc now owns 11,926 shares of the company’s stock valued at $3,513,000 after buying an additional 967 shares during the period. Finally, OneDigital Investment Advisors LLC raised its holdings 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 acquiring an additional 2,775 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

About Willis Towers Watson Public

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.