Wells Fargo & Co upgraded shares of Willis Towers Watson (NASDAQ:WLTW) from a market perform rating to an outperform rating in a research note released on Thursday morning, BenzingaRatingsTable reports. The firm currently has $220.00 price objective on the financial services provider’s stock.

A number of other analysts have also issued reports on WLTW. MKM Partners raised their target price on shares of Willis Towers Watson from $190.00 to $210.00 and gave the stock a buy rating in a research report on Monday, April 8th. Citigroup set a $21.00 target price on shares of Tanger Factory Outlet Centers and gave the stock a hold rating in a research report on Tuesday, April 2nd. ValuEngine lowered shares of Welbilt from a hold rating to a sell rating in a research report on Wednesday, June 12th. UBS Group raised their target price on shares of Willis Towers Watson from $202.00 to $220.00 and gave the stock a buy rating in a research report on Wednesday. Finally, BidaskClub upgraded shares of YRC Worldwide from a hold rating to a buy rating in a research report on Saturday, April 13th. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of $196.69.

WLTW stock opened at $196.42 on Thursday. The firm has a 50 day simple moving average of $187.66. The firm has a market capitalization of $25.37 billion, a price-to-earnings ratio of 20.19, a PEG ratio of 1.71 and a beta of 0.83. Willis Towers Watson has a 12 month low of $134.50 and a 12 month high of $197.45. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.54.

Willis Towers Watson (NASDAQ:WLTW) last released its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $2.98 EPS for the quarter, missing the consensus estimate of $2.99 by ($0.01). Willis Towers Watson had a net margin of 8.99% and a return on equity of 12.89%. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same quarter in the prior year, the company earned $2.71 earnings per share. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. Sell-side analysts expect that Willis Towers Watson will post 10.76 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Sunday, June 30th will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Thursday, June 27th. Willis Towers Watson’s dividend payout ratio is currently 26.72%.

In other Willis Towers Watson news, Director Anna C. Catalano sold 1,110 shares of the stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $180.35, for a total transaction of $200,188.50. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.75% of the company’s stock.

A number of large investors have recently bought and sold shares of WLTW. First Hawaiian Bank raised its stake in Willis Towers Watson by 5,000.0% during the first quarter. First Hawaiian Bank now owns 153 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 150 shares during the period. Investors Research Corp purchased a new position in shares of Willis Towers Watson in the 1st quarter valued at $27,000. Bessemer Group Inc. raised its stake in shares of Willis Towers Watson by 86.2% in the 4th quarter. Bessemer Group Inc. now owns 324 shares of the financial services provider’s stock valued at $49,000 after acquiring an additional 150 shares during the period. YorkBridge Wealth Partners LLC purchased a new position in shares of Willis Towers Watson in the 1st quarter valued at $82,000. Finally, Botty Investors LLC raised its stake in shares of Willis Towers Watson by 14.5% in the 1st quarter. Botty Investors LLC now owns 475 shares of the financial services provider’s stock valued at $84,000 after acquiring an additional 60 shares during the period. 91.65% of the stock is currently owned by institutional investors.

About Willis Towers Watson

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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Analyst Recommendations for Willis Towers Watson (NASDAQ:WLTW)

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