Willis Towers Watson Public (NASDAQ:WTW) Given New $366.00 Price Target at Keefe, Bruyette & Woods

Willis Towers Watson Public (NASDAQ:WTW) had its price objective dropped by equities research analysts at Keefe, Bruyette & Woods from $371.00 to $366.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price target would indicate a potential upside of 21.82% from the stock’s current price.

A number of other equities analysts also recently issued reports on WTW. UBS Group raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $344.00 to $395.00 in a report on Tuesday, March 18th. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their price objective for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. Jefferies Financial Group decreased their price objective on shares of Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating for the company in a research note on Friday, April 11th. Wells Fargo & Company cut their target price on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. Finally, Barclays increased their price target on Willis Towers Watson Public from $302.00 to $316.00 and gave the company an “underweight” rating in a research report on Friday, April 11th. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public has a consensus rating of “Moderate Buy” and an average price target of $348.25.

Willis Towers Watson Public Stock Down 0.6 %

Shares of WTW traded down $1.76 on Monday, reaching $300.44. The company’s stock had a trading volume of 305,292 shares, compared to its average volume of 571,321. The stock has a market capitalization of $29.95 billion, a PE ratio of -300.43, a PEG ratio of 2.95 and a beta of 0.68. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. Willis Towers Watson Public has a twelve month low of $248.09 and a twelve month high of $344.14. The firm has a fifty day moving average of $326.46 and a 200-day moving average of $317.71.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, April 24th. The company reported $3.13 earnings per share for the quarter, missing analysts’ consensus estimates of $3.27 by ($0.14). Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the prior year, the business earned $3.13 EPS. The firm’s revenue for the quarter was down 5.0% compared to the same quarter last year. Equities analysts predict that Willis Towers Watson Public will post 17.32 EPS for the current year.

Insiders Place Their Bets

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the transaction, the insider now owns 74,417 shares of the company’s stock, valued at $24,986,996.09. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On Willis Towers Watson Public

Several hedge funds have recently bought and sold shares of WTW. McIlrath & Eck LLC bought a new position in Willis Towers Watson Public in the 4th quarter valued at $30,000. Crewe Advisors LLC purchased a new stake in shares of Willis Towers Watson Public in the first quarter worth $32,000. GeoWealth Management LLC boosted its stake in Willis Towers Watson Public by 94.9% during the fourth quarter. GeoWealth Management LLC now owns 115 shares of the company’s stock valued at $36,000 after buying an additional 56 shares during the period. Y.D. More Investments Ltd grew its position in Willis Towers Watson Public by 121.1% during the fourth quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after buying an additional 69 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in Willis Towers Watson Public in the 4th quarter worth about $49,000. 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.