Willis Towers Watson Public (NASDAQ:WTW) Price Target Lowered to $305.00 at Barclays

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) had its target price dropped by research analysts at Barclays from $316.00 to $305.00 in a research note issued on Monday,Benzinga reports. The firm currently has an "underweight" rating on the stock. Barclays's price target points to a potential downside of 1.56% from the stock's current price.

Other equities analysts have also recently issued reports about the company. Keefe, Bruyette & Woods lowered their price target on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. UBS Group raised Willis Towers Watson Public from a "neutral" rating to a "buy" rating and raised their target price for the stock from $344.00 to $395.00 in a report on Tuesday, March 18th. Finally, Jefferies Financial Group decreased their target price on Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating on the stock in a report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $357.60.

Willis Towers Watson Public Stock Up 0.4%

WTW stock traded up $1.31 during midday trading on Monday, hitting $309.82. The company's stock had a trading volume of 556,860 shares, compared to its average volume of 611,307. The company has a market cap of $30.72 billion, a PE ratio of -619.63, a P/E/G ratio of 2.63 and a beta of 0.68. Willis Towers Watson Public has a 12 month low of $257.58 and a 12 month high of $344.14. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.58. The firm's 50-day moving average is $306.31 and its 200-day moving average is $316.87.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $3.13 earnings per share for the quarter, missing the consensus estimate of $3.27 by ($0.14). The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.29 billion. Willis Towers Watson Public had a negative net margin of 0.54% and a positive return on equity of 20.53%. Willis Towers Watson Public's quarterly revenue was down 5.0% compared to the same quarter last year. During the same period in the previous year, the company earned $3.13 earnings per share. On average, equities research analysts forecast that Willis Towers Watson Public will post 17.32 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Andrew Jay Krasner sold 1,600 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $315.75, for a total transaction of $505,200.00. Following the completion of the transaction, the chief financial officer owned 11,982 shares in the company, valued at $3,783,316.50. This trade represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.32% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Dynamic Advisor Solutions LLC grew its position in shares of Willis Towers Watson Public by 1.8% during the first quarter. Dynamic Advisor Solutions LLC now owns 2,018 shares of the company's stock valued at $682,000 after purchasing an additional 35 shares in the last quarter. Bessemer Group Inc. grew its position in shares of Willis Towers Watson Public by 35.6% during the first quarter. Bessemer Group Inc. now owns 1,208 shares of the company's stock valued at $408,000 after purchasing an additional 317 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in shares of Willis Towers Watson Public by 124.2% during the first quarter. Oppenheimer Asset Management Inc. now owns 4,941 shares of the company's stock valued at $1,670,000 after purchasing an additional 2,737 shares in the last quarter. Ritholtz Wealth Management purchased a new position in shares of Willis Towers Watson Public during the first quarter valued at about $406,000. Finally, Sunriver Management LLC grew its position in shares of Willis Towers Watson Public by 0.7% during the fourth quarter. Sunriver Management LLC now owns 175,627 shares of the company's stock valued at $55,013,000 after purchasing an additional 1,223 shares in the last quarter. Hedge funds and other institutional investors 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.