BidaskClub Lowers Willis Towers Watson (NASDAQ:WLTW) to Buy
Several other analysts have also recently weighed in on the company. SunTrust Banks boosted their price target on Willis Towers Watson from $210.00 to $225.00 and gave the stock a buy rating in a report on Thursday, July 11th. They noted that the move was a valuation call. ValuEngine cut Willis Towers Watson from a buy rating to a hold rating in a report on Thursday, August 1st. Morgan Stanley reduced their price target on Willis Towers Watson from $215.00 to $209.00 and set an overweight rating on the stock in a report on Thursday, August 15th. UBS Group boosted their price target on Willis Towers Watson from $202.00 to $220.00 and gave the stock a buy rating in a report on Wednesday, July 10th. Finally, Wells Fargo & Co restated a buy rating and set a $220.00 price target on shares of Willis Towers Watson in a report on Wednesday, July 31st. Four analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Willis Towers Watson has a consensus rating of Buy and a consensus target price of $201.33.
Willis Towers Watson stock opened at $194.70 on Wednesday. Willis Towers Watson has a 12-month low of $134.50 and a 12-month high of $200.93. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.51. The business’s 50-day moving average price is $195.09 and its two-hundred day moving average price is $184.98. The stock has a market cap of $24.73 billion, a PE ratio of 20.01, a P/E/G ratio of 1.66 and a beta of 0.81.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.34%. The ex-dividend date of this dividend is Friday, September 27th. Willis Towers Watson’s dividend payout ratio (DPR) is currently 26.72%.
In related news, insider Nicolas Aubert sold 7,592 shares of Willis Towers Watson stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $195.00, for a total value of $1,480,440.00. Following the transaction, the insider now directly owns 5,875 shares of the company’s stock, valued at $1,145,625. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.75% of the company’s stock.
Several institutional investors have recently bought and sold shares of WLTW. Clean Yield Group acquired a new position in shares of Willis Towers Watson in the second quarter worth approximately $28,000. Redhawk Wealth Advisors Inc. acquired a new position in shares of Willis Towers Watson in the second quarter worth approximately $31,000. Private Ocean LLC acquired a new position in shares of Willis Towers Watson in the second quarter worth approximately $38,000. CSat Investment Advisory L.P. lifted its stake in shares of Willis Towers Watson by 251.3% in the second quarter. CSat Investment Advisory L.P. now owns 274 shares of the financial services provider’s stock worth $53,000 after acquiring an additional 196 shares during the period. Finally, Commonwealth Bank of Australia lifted its stake in shares of Willis Towers Watson by 32.8% in the second quarter. Commonwealth Bank of Australia now owns 344 shares of the financial services provider’s stock worth $63,000 after acquiring an additional 85 shares during the period. 92.93% of the stock is currently owned by institutional investors.
Willis Towers Watson Company Profile
Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. The company's Human Capital and Benefits segment offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.
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