Keefe, Bruyette & Woods Increases Willis Towers Watson Public (NASDAQ:WTW) Price Target to $359.00

Willis Towers Watson Public (NASDAQ:WTW) had its price target upped by investment analysts at Keefe, Bruyette & Woods from $352.00 to $359.00 in a note issued to investors on Tuesday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ target price would indicate a potential upside of 17.04% from the stock’s previous close.

WTW has been the topic of a number of other research reports. 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 objective on the stock. Truist Financial boosted their target price on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Jefferies Financial Group boosted their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. 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. Finally, 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. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $312.27.

Willis Towers Watson Public Stock Up 1.3 %

Shares of Willis Towers Watson Public stock traded up $3.91 on Tuesday, reaching $306.73. The stock had a trading volume of 146,892 shares, compared to its average volume of 468,778. The company has a 50 day moving average price of $292.30 and a 200 day moving average price of $273.65. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public has a 1 year low of $234.00 and a 1 year high of $308.87. The stock has a market capitalization of $30.89 billion, a P/E ratio of -42.12, a P/E/G ratio of 1.88 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the previous year, the firm earned $2.24 EPS. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. As a group, equities research analysts forecast that Willis Towers Watson Public will post 16.59 EPS for the current year.

Hedge Funds Weigh In On Willis Towers Watson Public

Several large investors have recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Willis Towers Watson Public by 0.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 251,469 shares of the company’s stock valued at $74,065,000 after purchasing an additional 1,960 shares during the period. GSA Capital Partners LLP purchased a new stake in Willis Towers Watson Public in the 3rd quarter worth $262,000. Diamond Hill Capital Management Inc. increased its holdings in Willis Towers Watson Public by 11.8% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 74,858 shares of the company’s stock worth $22,048,000 after acquiring an additional 7,924 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in Willis Towers Watson Public in the 3rd quarter worth $41,000. Finally, River Global Investors LLP increased its holdings in Willis Towers Watson Public by 3.4% in the 3rd quarter. River Global Investors LLP now owns 18,928 shares of the company’s stock worth $5,573,000 after acquiring an additional 629 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

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.