Willis Towers Watson Public (NASDAQ:WTW) Price Target Raised to $387.00 at Keefe, Bruyette & Woods

Willis Towers Watson Public (NASDAQ:WTW) had its price target upped by Keefe, Bruyette & Woods from $378.00 to $387.00 in a report issued on Friday,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the stock.

Several other research firms also recently weighed in on WTW. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price objective for the company from $357.00 to $373.00 in a report on Wednesday. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and upped their price target for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the company from $365.00 to $400.00 in a report on Thursday, December 5th. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Finally, Roth Mkm increased their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $333.29.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock opened at $312.92 on Friday. The stock has a market cap of $31.52 billion, a price-to-earnings ratio of -42.98, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74. The firm has a 50-day moving average of $314.60 and a two-hundred day moving average of $293.52. Willis Towers Watson Public has a 1 year low of $242.54 and a 1 year high of $334.99. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick 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. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations 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%. Willis Towers Watson Public’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.24 earnings per share. On average, research analysts forecast that Willis Towers Watson Public will post 16.75 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. First Hawaiian Bank acquired a new stake in shares of Willis Towers Watson Public during the fourth quarter worth $955,000. Oliver Luxxe Assets LLC increased its holdings in shares of Willis Towers Watson Public by 146.4% in the fourth quarter. Oliver Luxxe Assets LLC now owns 12,932 shares of the company’s stock valued at $4,051,000 after purchasing an additional 7,683 shares during the period. Neville Rodie & Shaw Inc. purchased a new position in shares of Willis Towers Watson Public in the fourth quarter worth about $887,000. Everence Capital Management Inc. acquired a new stake in shares of Willis Towers Watson Public during the fourth quarter worth about $993,000. Finally, GAMMA Investing LLC boosted its position in Willis Towers Watson Public by 24.1% in the fourth quarter. GAMMA Investing LLC now owns 2,482 shares of the company’s stock valued at $777,000 after buying an additional 482 shares during the last quarter. Institutional investors and hedge funds 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.