Analysts Set Willis Towers Watson Public Limited Company (NASDAQ:WTW) PT at $367.11

Willis Towers Watson Public Limited Company (NASDAQ:WTW) has been assigned a consensus rating of “Moderate Buy” from the eleven analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $364.5455.

Several research firms have weighed in on WTW. Cantor Fitzgerald began coverage on shares of Willis Towers Watson Public in a report on Wednesday. They set a “neutral” rating and a $355.00 target price for the company. Barclays dropped their target price on shares of Willis Towers Watson Public from $316.00 to $305.00 and set an “underweight” rating for the company in a report on Monday, July 7th. Keefe, Bruyette & Woods lowered their price target on shares of Willis Towers Watson Public from $371.00 to $366.00 and set an “outperform” rating for the company in a report on Monday, April 28th. Citigroup initiated coverage on shares of Willis Towers Watson Public in a report on Wednesday. They set a “neutral” rating and a $351.00 price target for the company. Finally, Wells Fargo & Company lowered their price target on shares of Willis Towers Watson Public from $387.00 to $369.00 and set an “overweight” rating for the company in a report on Thursday, July 10th.

Willis Towers Watson Public Stock Performance

NASDAQ:WTW opened at $330.50 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58. The firm has a 50-day moving average price of $309.24 and a two-hundred day moving average price of $316.69. Willis Towers Watson Public has a twelve month low of $279.08 and a twelve month high of $344.14. The company has a market capitalization of $32.24 billion, a P/E ratio of 226.37, a price-to-earnings-growth ratio of 2.64 and a beta of 0.67.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, July 31st. The company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.65 by $0.21. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. The firm had revenue of $2.26 billion during the quarter, compared to the consensus estimate of $2.23 billion. During the same period last year, the firm posted $2.55 EPS. The firm’s revenue for the quarter was down .2% on a year-over-year basis. As a group, research analysts expect that Willis Towers Watson Public will post 17.32 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Andrew Jay Krasner sold 1,600 shares of the firm’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $315.75, for a total value of $505,200.00. Following the sale, the chief financial officer directly owned 11,982 shares of the company’s stock, valued at approximately $3,783,316.50. This trade represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.32% of the company’s stock.

Institutional Investors Weigh In On Willis Towers Watson Public

Several hedge funds have recently modified their holdings of the stock. Massachusetts Financial Services Co. MA boosted its position in shares of Willis Towers Watson Public by 2.4% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,238,308 shares of the company’s stock worth $1,912,041,000 after acquiring an additional 146,104 shares during the last quarter. Artisan Partners Limited Partnership lifted its position in Willis Towers Watson Public by 1.8% during the second quarter. Artisan Partners Limited Partnership now owns 3,579,098 shares of the company’s stock valued at $1,096,994,000 after buying an additional 62,570 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its position in Willis Towers Watson Public by 2.4% during the first quarter. T. Rowe Price Investment Management Inc. now owns 2,856,440 shares of the company’s stock valued at $965,334,000 after buying an additional 67,898 shares in the last quarter. Geode Capital Management LLC lifted its position in Willis Towers Watson Public by 0.8% during the second quarter. Geode Capital Management LLC now owns 2,591,115 shares of the company’s stock valued at $790,908,000 after buying an additional 19,384 shares in the last quarter. Finally, Invesco Ltd. lifted its position in Willis Towers Watson Public by 4.8% during the second quarter. Invesco Ltd. now owns 2,279,417 shares of the company’s stock valued at $698,642,000 after buying an additional 103,695 shares in the last quarter. 93.09% of the stock is 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.