Willis Towers Watson Public (NASDAQ:WTW) PT Raised to $318.00 at Wells Fargo & Company

Willis Towers Watson Public (NASDAQ:WTWFree Report) had its price objective upped by Wells Fargo & Company from $317.00 to $318.00 in a research report released on Thursday morning, Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

Several other analysts have also recently issued reports on WTW. Citigroup dropped their target price on Willis Towers Watson Public from $315.00 to $312.00 and set a buy rating on the stock in a research report on Monday, April 29th. Bank of America raised Willis Towers Watson Public from an underperform rating to a neutral rating and raised their price objective for the stock from $272.00 to $304.00 in a research report on Wednesday, May 22nd. Keefe, Bruyette & Woods lowered their price target on Willis Towers Watson Public from $317.00 to $311.00 and set an outperform rating for the company in a research report on Monday, May 6th. Evercore ISI lifted their price target on Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an in-line rating in a research report on Friday, April 26th. Finally, Raymond James reaffirmed an outperform rating and set a $315.00 price target (up previously from $295.00) on shares of Willis Towers Watson Public in a research report on Thursday, March 28th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of Moderate Buy and a consensus price target of $296.14.

Read Our Latest Analysis on WTW

Willis Towers Watson Public Trading Up 1.0 %

Shares of NASDAQ WTW opened at $262.41 on Thursday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.89 and a current ratio of 1.89. The business’s 50 day moving average price is $255.79 and its 200-day moving average price is $257.96. Willis Towers Watson Public has a fifty-two week low of $195.29 and a fifty-two week high of $278.86. The company has a market cap of $26.83 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.48 and a beta of 0.75.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last released its quarterly earnings data on Thursday, April 25th. The company reported $3.29 EPS for the quarter, topping the consensus estimate of $3.21 by $0.08. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.37 billion. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. Willis Towers Watson Public’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the business posted $2.84 EPS. On average, sell-side analysts expect that Willis Towers Watson Public will post 16.27 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Sunday, June 30th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date of this dividend is Friday, June 28th. Willis Towers Watson Public’s dividend payout ratio is currently 35.31%.

Hedge Funds Weigh In On Willis Towers Watson Public

Several large investors have recently bought and sold shares of WTW. Richardson Financial Services Inc. acquired a new position in Willis Towers Watson Public in the first quarter valued at $28,000. Exchange Traded Concepts LLC acquired a new position in Willis Towers Watson Public in the fourth quarter valued at $29,000. Hexagon Capital Partners LLC boosted its stake in shares of Willis Towers Watson Public by 168.8% during the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock worth $31,000 after buying an additional 81 shares during the period. HHM Wealth Advisors LLC acquired a new stake in shares of Willis Towers Watson Public during the fourth quarter worth about $34,000. Finally, Massmutual Trust Co. FSB ADV boosted its stake in shares of Willis Towers Watson Public by 112.8% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock worth $48,000 after buying an additional 106 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

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.

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

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