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

Shares of Willis Towers Watson Public Limited (NASDAQ:WTW) have received an average recommendation of “Hold” from the sixteen brokerages that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $312.27.

A number of equities analysts have recently weighed in on the company. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Jefferies Financial Group upped 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 report on Wednesday, October 9th. Roth Mkm lifted their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company boosted their target price on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Finally, Barclays began coverage on shares of Willis Towers Watson Public in a research report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price target on the stock.

Willis Towers Watson Public Trading Down 0.7 %

WTW opened at $314.80 on Friday. The company has a fifty day moving average price of $295.64 and a two-hundred day moving average price of $276.22. Willis Towers Watson Public has a 1-year low of $234.01 and a 1-year high of $320.77. The company has a market cap of $31.71 billion, a P/E ratio of -43.24, a price-to-earnings-growth ratio of 1.98 and a beta of 0.73. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last issued 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. The business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company posted $2.24 EPS. Analysts predict that Willis Towers Watson Public will post 16.66 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio is currently -48.35%.

Institutional Investors Weigh In On Willis Towers Watson Public

A number of large investors have recently added to or reduced their stakes in WTW. Point72 Asia Singapore Pte. Ltd. grew its position in Willis Towers Watson Public by 590.2% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,899 shares of the company’s stock valued at $854,000 after acquiring an additional 2,479 shares during the last quarter. Point72 Hong Kong Ltd bought a new position in shares of Willis Towers Watson Public during the 3rd quarter valued at $1,931,000. Timber Creek Capital Management LLC raised its position 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 worth $5,625,000 after purchasing an additional 1,957 shares during the period. Caisse DE Depot ET Placement DU Quebec lifted its stake in Willis Towers Watson Public by 47,515.7% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock worth $147,255,000 after purchasing an additional 498,915 shares during the last quarter. Finally, Martingale Asset Management L P bought a new position in shares of Willis Towers Watson Public during the third quarter valued at about $207,000. Hedge funds and other institutional investors own 93.09% of the company’s stock.

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.