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

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) had its target price dropped by analysts at Keefe, Bruyette & Woods from $371.00 to $366.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Keefe, Bruyette & Woods' price objective indicates a potential upside of 19.47% from the company's current price.

Several other equities analysts also recently weighed in on the stock. Evercore ISI upgraded shares of Willis Towers Watson Public from an "in-line" rating to an "outperform" rating and lifted their target price for the stock from $357.00 to $373.00 in a research report on Wednesday, January 8th. UBS Group upgraded 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 research report on Tuesday, March 18th. Wells Fargo & Company lowered their target price on Willis Towers Watson Public from $380.00 to $345.00 and set an "overweight" rating on the stock in a report on Tuesday, January 14th. Barclays raised their price target on Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an "underweight" rating in a research report on Friday, April 11th. Finally, Jefferies Financial Group reduced their price objective on Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Willis Towers Watson Public has an average rating of "Moderate Buy" and an average target price of $351.55.

Willis Towers Watson Public Price Performance

Shares of WTW traded down $1.44 on Monday, reaching $306.36. The stock had a trading volume of 600,248 shares, compared to its average volume of 574,988. The firm has a 50-day moving average of $324.76 and a 200 day moving average of $317.72. The firm has a market capitalization of $30.38 billion, a PE ratio of -306.36, a PEG ratio of 2.95 and a beta of 0.68. Willis Towers Watson Public has a twelve month low of $248.09 and a twelve month high of $344.14. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its 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 during the quarter, compared to analyst estimates of $2.29 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm's revenue for the quarter was down 5.0% on a year-over-year basis. During the same period last year, the company posted $3.13 EPS. Sell-side analysts expect that Willis Towers Watson Public will post 17.32 EPS for the current year.

Insider Buying and Selling at Willis Towers Watson Public

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. MQS Management LLC purchased a new stake in Willis Towers Watson Public during the first quarter valued at about $467,000. CWM LLC lifted its stake in shares of Willis Towers Watson Public by 3.0% in the 1st quarter. CWM LLC now owns 3,190 shares of the company's stock valued at $1,078,000 after purchasing an additional 94 shares in the last quarter. Stephens Inc. AR grew its holdings in shares of Willis Towers Watson Public by 11.4% during the 1st quarter. Stephens Inc. AR now owns 1,852 shares of the company's stock worth $626,000 after purchasing an additional 189 shares during the period. IFC Advisors LLC acquired a new stake in Willis Towers Watson Public during the 1st quarter worth approximately $4,101,000. Finally, Callahan Advisors LLC raised its holdings in Willis Towers Watson Public by 13.5% in the first quarter. Callahan Advisors LLC now owns 16,729 shares of the company's stock valued at $5,654,000 after buying an additional 1,985 shares during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

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.