Willis Towers Watson Public Limited (NASDAQ:WTW) Given Consensus Rating of “Hold” by Brokerages

Shares of Willis Towers Watson Public Limited (NASDAQ:WTW) have been assigned a consensus recommendation of “Hold” from the sixteen analysts that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $313.87.

WTW has been the subject of several research reports. Truist Financial lifted their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Roth Mkm lifted their price objective on shares of 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. Keefe, Bruyette & Woods lifted their price objective on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 5th. Jefferies Financial Group lifted their price objective on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Finally, Barclays raised their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st.

Willis Towers Watson Public Price Performance

Shares of WTW opened at $320.50 on Tuesday. The company has a 50 day moving average price of $301.93 and a 200-day moving average price of $282.00. Willis Towers Watson Public has a fifty-two week low of $234.01 and a fifty-two week high of $322.88. The stock has a market capitalization of $32.28 billion, a PE ratio of -44.02, a PEG ratio of 2.01 and a beta of 0.73. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating analysts’ consensus estimates 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 prior year, the company posted $2.24 earnings per share. Willis Towers Watson Public’s revenue for the quarter was up 5.7% compared to the same quarter last year. Equities analysts predict that Willis Towers Watson Public will post 16.7 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Willis Towers Watson Public

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Timber Creek Capital Management LLC boosted its holdings in Willis Towers Watson Public by 11.4% in the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock valued at $5,625,000 after purchasing an additional 1,957 shares during the last quarter. Diversified Trust Co raised its stake in shares of Willis Towers Watson Public by 38.4% in the 2nd quarter. Diversified Trust Co now owns 6,716 shares of the company’s stock valued at $1,761,000 after acquiring an additional 1,863 shares during the period. AMF Tjanstepension AB raised its stake in shares of Willis Towers Watson Public by 6.6% in the 2nd quarter. AMF Tjanstepension AB now owns 44,115 shares of the company’s stock valued at $11,564,000 after acquiring an additional 2,744 shares during the period. OneDigital Investment Advisors LLC raised its stake in shares of Willis Towers Watson Public by 71.7% in the 3rd 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 during the period. Finally, Intech Investment Management LLC raised its stake in shares of Willis Towers Watson Public by 28.3% in the 3rd quarter. Intech Investment Management LLC now owns 104,414 shares of the company’s stock valued at $30,753,000 after acquiring an additional 23,001 shares during the period. 93.09% of the stock is currently 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.