Willis Towers Watson Public Lim (NASDAQ:WLTW).
March 28 investment analysts at Deutsche Bank maintained a stock rating of “Hold” but raised the price expectation from $124.00 to $126.00. On February 16, 2016 the stock rating was changed to a “Strong Buy” according to a Raymond James report which was a boost from the previous “Outperform” rating.
On February 10 JP Morgan made no change to the stock rating of “Underweight” and lowered the price target to $105.00 from $115.00. SunTrust Robinson Humphrey upgraded the stock and raised the price target on February 3 changing the price target from $0.00 to $135.00 and setting the rating at “Buy” which had previously been “Neutral”.
On February 3 the company was upgraded to “Buy” from “Neutral” and a price target of $135.00 was set in a report issued by SunTrust Robinson Humphrey.
The company is now up by 0.41 percent from yesterday’s close. The company also declared a dividend that will be paid on Monday the 17th of October 2016. The dividend payment will be $0.480 per share for the quarter which comes to $1.92 on an annualized basis. This dividend represents a yield of $1.50. The ex-dividend date will be Tuesday the 28th of June 2016.
Company chares are trading at $128.53 marginally over $124.06, the stock’s 50 day moving average and a tad above the 200 day moving average of $123.40. The 50 day moving average was up $4.43 whereas the 200 day average was up by +4.13%.
The most current P/E ratio is 32.99 and market cap is 17.74B. As of the last earnings report the EPS was $3.89 and is estimated to be $7.72 for the current year with 138,050,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $1.61 with next year’s EPS projected to be $8.53.
Investors are feeling more bearish on Willis Towers Watson Public Lim recently if you take a look at the increase in short interest. The stock experienced a rise in short interest of 0.08% as of September 15, 2016 from the last reporting period. Short shares increased from 2,929,040 to 3,164,779 over that timeframe. Days to cover decreased from 0.0 to 0.0 and the percentage of shorted shares was 0.02% on September 15.