Willis Towers Watson PLC (NASDAQ:WLTW)‘s stock had its “buy” rating reaffirmed by Jefferies Group in a research report issued to clients and investors on Tuesday. They presently have a $140.00 price target on the stock. Jefferies Group’s price objective indicates a potential upside of 12.29% from the company’s previous close.

Several other brokerages have also recently issued reports on WLTW. Citigroup Inc. restated a “buy” rating and issued a $148.00 target price (up previously from $136.00) on shares of Willis Towers Watson PLC in a report on Tuesday, June 21st. Janney Montgomery Scott cut shares of Willis Towers Watson PLC from a “buy” rating to a “neutral” rating in a report on Friday, June 24th. Credit Suisse Group AG set a $108.00 target price on shares of Willis Towers Watson PLC and gave the stock a “hold” rating in a report on Monday, September 12th. Deutsche Bank AG restated a “hold” rating on shares of Willis Towers Watson PLC in a report on Wednesday, June 15th. Finally, Langen Mcalenn cut shares of Willis Towers Watson PLC from a “buy” rating to a “neutral” rating in a report on Friday, June 24th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $112.50.

Analyst Recommendations for Willis Towers Watson PLC (NASDAQ:WLTW)

Willis Towers Watson PLC (NASDAQ:WLTW) traded up 0.95% on Tuesday, hitting $125.86. 118,930 shares of the stock were exchanged. The firm has a market cap of $17.37 billion, a P/E ratio of 32.31 and a beta of 0.83. Willis Towers Watson PLC has a 12 month low of $104.11 and a 12 month high of $129.70. The company has a 50-day moving average of $123.36 and a 200 day moving average of $123.00.

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Willis Towers Watson PLC (NASDAQ:WLTW) last posted its quarterly earnings results on Friday, August 5th. The company reported $1.66 EPS for the quarter, beating the Zacks’ consensus estimate of $1.65 by $0.01. Willis Towers Watson PLC had a net margin of 6.71% and a return on equity of 11.66%. The firm had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.98 billion. The business’s revenue was up 114.2% on a year-over-year basis. Equities research analysts expect that Willis Towers Watson PLC will post $7.72 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 17th. Shareholders of record on Friday, September 30th will be issued a $0.48 dividend. The ex-dividend date is Wednesday, September 28th. This represents a $1.92 dividend on an annualized basis and a yield of 1.54%. Willis Towers Watson PLC’s dividend payout ratio is currently 53.25%.

In other Willis Towers Watson PLC news, Director Anna C. Catalano sold 390 shares of Willis Towers Watson PLC stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $122.00, for a total value of $47,580.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Nicolas Aubert sold 3,149 shares of Willis Towers Watson PLC stock in a transaction on Tuesday, September 6th. The shares were sold at an average price of $126.65, for a total transaction of $398,820.85. The disclosure for this sale can be found here. 6.40% of the stock is currently owned by company insiders.

A number of hedge funds have recently made changes to their positions in the stock. Wellington Management Group LLP bought a new stake in shares of Willis Towers Watson PLC during the first quarter worth about $189,859,000. Barclays PLC bought a new stake in shares of Willis Towers Watson PLC during the first quarter worth about $27,849,000. Junto Capital Management LP bought a new stake in shares of Willis Towers Watson PLC during the first quarter worth about $29,927,000. New York State Teachers Retirement System increased its stake in shares of Willis Towers Watson PLC by 0.7% in the second quarter. New York State Teachers Retirement System now owns 192,956 shares of the company’s stock worth $23,986,000 after buying an additional 1,425 shares in the last quarter. Finally, Hirzel Capital Management LLC bought a new stake in shares of Willis Towers Watson PLC during the first quarter worth about $3,144,000. Institutional investors own 91.13% of the company’s stock.

About Willis Towers Watson PLC

Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.

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