Willis Towers Watson Public (NASDAQ:WTW) PT Lowered to $318.00 at Wells Fargo & Company

Willis Towers Watson Public (NASDAQ:WTW - Free Report) had its price target trimmed by Wells Fargo & Company from $320.00 to $318.00 in a research note released on Thursday, Benzinga reports. The brokerage currently has an overweight rating on the stock.

Other analysts also recently issued reports about the stock. Truist Financial boosted their target price on shares of Willis Towers Watson Public from $275.00 to $310.00 and gave the company a buy rating in a research note on Wednesday, February 7th. Raymond James reaffirmed an outperform rating and issued a $315.00 price target (up from $295.00) on shares of Willis Towers Watson Public in a research note on Thursday, March 28th. Morgan Stanley upped their price target on shares of Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an equal weight rating in a research note on Wednesday, February 7th. Keefe, Bruyette & Woods upped their price target on shares of Willis Towers Watson Public from $307.00 to $317.00 and gave the stock an outperform rating in a research note on Wednesday. Finally, BMO Capital Markets raised shares of Willis Towers Watson Public from an underperform rating to a market perform rating and upped their price target for the stock from $236.00 to $298.00 in a research note on Monday, February 12th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Willis Towers Watson Public currently has an average rating of Moderate Buy and an average target price of $290.54.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW traded down $3.52 during trading on Thursday, hitting $260.31. The company had a trading volume of 381,871 shares, compared to its average volume of 458,631. The company has a market cap of $26.62 billion, a P/E ratio of 26.15, a PEG ratio of 1.52 and a beta of 0.73. Willis Towers Watson Public has a 52 week low of $195.29 and a 52 week high of $278.86. The business's 50-day moving average is $271.54 and its 200 day moving average is $247.16. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.45 and a current ratio of 1.45.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its earnings results on Tuesday, February 6th. The company reported $7.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.05 by $0.39. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The company had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.91 billion. During the same period in the previous year, the business earned $6.33 EPS. The company's revenue was up 7.1% on a year-over-year basis. Equities research analysts predict that Willis Towers Watson Public will post 16.24 earnings per share for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Sunday, March 31st will be issued a $0.88 dividend. The ex-dividend date is Wednesday, March 27th. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.84. This represents a $3.52 dividend on an annualized basis and a yield of 1.35%. Willis Towers Watson Public's dividend payout ratio is currently 35.13%.

Insider Buying and Selling

In related news, CFO Andrew Jay Krasner sold 1,100 shares of the company's stock in a transaction on Friday, March 1st. The shares were sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the sale, the chief financial officer now directly owns 4,170 shares in the company, valued at $1,134,782.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.25% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Willis Towers Watson Public

A number of hedge funds have recently bought and sold shares of the company. Blueshift Asset Management LLC boosted its holdings in Willis Towers Watson Public by 2.6% during the fourth quarter. Blueshift Asset Management LLC now owns 1,494 shares of the company's stock valued at $360,000 after acquiring an additional 38 shares during the period. US Bancorp DE lifted its stake in shares of Willis Towers Watson Public by 0.3% in the fourth quarter. US Bancorp DE now owns 12,992 shares of the company's stock valued at $3,134,000 after buying an additional 39 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of Willis Towers Watson Public by 19.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 249 shares of the company's stock valued at $60,000 after buying an additional 41 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Willis Towers Watson Public by 2.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,699 shares of the company's stock valued at $416,000 after buying an additional 42 shares during the period. Finally, Buckingham Strategic Wealth LLC lifted its stake in shares of Willis Towers Watson Public by 3.0% in the fourth quarter. Buckingham Strategic Wealth LLC now owns 1,553 shares of the company's stock valued at $375,000 after buying an additional 45 shares during the period. 93.09% of the stock is currently owned by institutional investors.

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.