Willis Towers Watson Public (NASDAQ:WTW) Upgraded at Evercore ISI

Evercore ISI upgraded shares of Willis Towers Watson Public (NASDAQ:WTW) from an in-line rating to an outperform rating in a report published on Wednesday, MarketBeat.com reports. The brokerage currently has $373.00 price objective on the stock, up from their prior price objective of $357.00.

Several other brokerages have also recently commented on WTW. Truist Financial reissued a “buy” rating and issued a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Roth Mkm boosted 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 research report on Wednesday, October 2nd. Keefe, Bruyette & Woods raised their price target on shares of Willis Towers Watson Public from $359.00 to $378.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their price objective for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Finally, Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their target price for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Willis Towers Watson Public presently has a consensus rating of “Moderate Buy” and a consensus price target of $333.29.

Willis Towers Watson Public Stock Down 0.4 %

Willis Towers Watson Public stock opened at $312.92 on Wednesday. The firm’s 50 day moving average price is $314.60 and its two-hundred day moving average price is $293.52. The firm has a market cap of $31.52 billion, a PE ratio of -42.98, a P/E/G ratio of 1.83 and a beta of 0.74. Willis Towers Watson Public has a twelve month low of $242.54 and a twelve month high of $334.99. 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 announced its quarterly earnings data 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. 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 during the quarter, compared to analyst estimates of $2.28 billion. During the same period last year, the company earned $2.24 earnings per share. Willis Towers Watson Public’s quarterly revenue was up 5.7% compared to the same quarter last year. On average, research analysts predict that Willis Towers Watson Public will post 16.75 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

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

Institutional Trading of Willis Towers Watson Public

A number of hedge funds have recently bought and sold shares of WTW. Capital Performance Advisors LLP acquired a new position in shares of Willis Towers Watson Public in the third quarter valued at $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at $41,000. Versant Capital Management Inc increased its holdings in shares of Willis Towers Watson Public by 95.5% in the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after purchasing an additional 85 shares in the last quarter. Farther Finance Advisors LLC raised its position in Willis Towers Watson Public by 22.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after purchasing an additional 43 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new position in Willis Towers Watson Public during the 3rd quarter worth $164,000. 93.09% of the stock is owned by institutional investors.

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.