Willis Towers Watson Public Limited Company (NASDAQ:WTW) Given Consensus Recommendation of “Moderate Buy” by Brokerages

by · The Markets Daily

Shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW – Get Free Report) have been given a consensus rating of “Moderate Buy” by the twelve analysts that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $362.9167.

Several equities research analysts have commented on the stock. Cantor Fitzgerald assumed coverage on shares of Willis Towers Watson Public in a research note on Wednesday, August 13th. They issued a “neutral” rating and a $355.00 target price for the company. Wells Fargo & Company lowered their target price on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an “overweight” rating for the company in a research note on Thursday, July 10th. Barclays lowered their target price on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating for the company in a research note on Monday, July 7th. Citigroup assumed coverage on shares of Willis Towers Watson Public in a research note on Wednesday, August 13th. They issued a “neutral” rating and a $351.00 target price for the company. Finally, Morgan Stanley upped their target price on shares of Willis Towers Watson Public from $335.00 to $345.00 and gave the company an “equal weight” rating in a research note on Monday, August 18th.

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Willis Towers Watson Public Price Performance

WTW opened at $332.23 on Thursday. Willis Towers Watson Public has a one year low of $283.29 and a one year high of $344.14. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.90 and a quick ratio of 1.90. The company’s 50 day simple moving average is $319.31 and its 200-day simple moving average is $317.46. The stock has a market capitalization of $32.41 billion, a P/E ratio of 227.56, a price-to-earnings-growth ratio of 2.62 and a beta of 0.71.

Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $2.86 EPS for the quarter, beating the consensus estimate of $2.65 by $0.21. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. The business had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.23 billion. During the same period in the prior year, the firm earned $2.55 earnings per share. Willis Towers Watson Public’s revenue was down .2% compared to the same quarter last year. Sell-side analysts anticipate that Willis Towers Watson Public will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, September 30th. Willis Towers Watson Public’s dividend payout ratio is 252.05%.

Institutional Trading of Willis Towers Watson Public

A number of institutional investors have recently made changes to their positions in WTW. Wayfinding Financial LLC acquired a new position in Willis Towers Watson Public during the first quarter worth $25,000. Cornerstone Planning Group LLC increased its holdings in Willis Towers Watson Public by 750.0% during the first quarter. Cornerstone Planning Group LLC now owns 85 shares of the company’s stock worth $28,000 after buying an additional 75 shares during the last quarter. McIlrath & Eck LLC acquired a new position in Willis Towers Watson Public during the fourth quarter worth $30,000. Crewe Advisors LLC acquired a new position in Willis Towers Watson Public during the first quarter worth $32,000. Finally, Larson Financial Group LLC increased its holdings in Willis Towers Watson Public by 122.9% during the first quarter. Larson Financial Group LLC now owns 107 shares of the company’s stock worth $36,000 after buying an additional 59 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Company Profile

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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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