Willis Towers Watson Public Limited Company (NASDAQ:WLTW) – SunTrust Banks reduced their FY2017 earnings per share (EPS) estimates for shares of Willis Towers Watson Public Limited in a research note issued on Thursday. SunTrust Banks analyst M. Hughes now anticipates that the financial services provider will earn $8.47 per share for the year, down from their prior estimate of $8.50. SunTrust Banks also issued estimates for Willis Towers Watson Public Limited’s Q1 2018 earnings at $4.12 EPS, Q2 2018 earnings at $1.84 EPS and Q4 2018 earnings at $2.38 EPS.

Other equities research analysts have also issued research reports about the company. Citigroup Inc. lifted their price objective on Willis Towers Watson Public Limited from $166.00 to $174.00 and gave the stock a “buy” rating in a report on Thursday, July 13th. Jefferies Group LLC reissued a “buy” rating and issued a $165.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, June 16th. UBS AG reissued a “buy” rating and issued a $163.00 price objective (up previously from $159.00) on shares of Willis Towers Watson Public Limited in a report on Monday, June 5th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $158.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, July 14th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $166.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, July 21st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $152.08.

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Shares of Willis Towers Watson Public Limited (WLTW) opened at 149.64 on Monday. The stock has a 50 day moving average of $147.19 and a 200-day moving average of $136.10. Willis Towers Watson Public Limited has a 12 month low of $112.76 and a 12 month high of $151.02. The company has a market cap of $20.23 billion, a PE ratio of 39.36 and a beta of 0.93.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last announced its earnings results on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.48 by $0.03. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.95 billion. Willis Towers Watson Public Limited had a net margin of 4.75% and a return on equity of 10.63%. The company’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.66 EPS.

Hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. increased its stake in shares of Willis Towers Watson Public Limited by 2,106.3% in the first quarter. BlackRock Inc. now owns 5,379,306 shares of the financial services provider’s stock worth $704,098,000 after buying an additional 5,135,491 shares during the period. Harris Associates L P increased its stake in shares of Willis Towers Watson Public Limited by 27.4% in the first quarter. Harris Associates L P now owns 7,910,397 shares of the financial services provider’s stock worth $1,035,392,000 after buying an additional 1,701,826 shares during the period. FMR LLC increased its stake in shares of Willis Towers Watson Public Limited by 38.9% in the first quarter. FMR LLC now owns 2,261,668 shares of the financial services provider’s stock worth $296,030,000 after buying an additional 633,495 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Willis Towers Watson Public Limited by 1,026.9% in the first quarter. JPMorgan Chase & Co. now owns 518,950 shares of the financial services provider’s stock worth $67,924,000 after buying an additional 472,900 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Willis Towers Watson Public Limited by 3.5% in the first quarter. Vanguard Group Inc. now owns 12,360,654 shares of the financial services provider’s stock worth $1,617,886,000 after buying an additional 416,476 shares during the period. Institutional investors and hedge funds own 92.67% of the company’s stock.

In other Willis Towers Watson Public Limited news, insider Jeffrey W. Ubben sold 1,000,000 shares of the firm’s stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $140.53, for a total value of $140,530,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Paul D. Thomas sold 2,200 shares of the firm’s stock in a transaction dated Wednesday, May 10th. The stock was sold at an average price of $141.62, for a total value of $311,564.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,450,378 shares of company stock valued at $205,839,802. 6.70% of the stock is owned by corporate insiders.

The business also recently announced a quarterly dividend, which was paid on Monday, July 17th. Shareholders of record on Friday, June 30th were paid a $0.53 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $2.12 annualized dividend and a yield of 1.42%. Willis Towers Watson Public Limited’s dividend payout ratio is currently 76.81%.

About Willis Towers Watson Public Limited

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.

Earnings History and Estimates for Willis Towers Watson Public Limited (NASDAQ:WLTW)

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