Willis Towers Watson Public Limited Company (NASDAQ:WLTW) – Research analysts at Langen Mcalenn dropped their Q3 2017 earnings estimates for Willis Towers Watson Public Limited in a report issued on Friday. Langen Mcalenn analyst R. Glasspiegel now expects that the financial services provider will post earnings per share of $1.13 for the quarter, down from their prior forecast of $1.14. Langen Mcalenn also issued estimates for Willis Towers Watson Public Limited’s Q1 2018 earnings at $3.90 EPS, Q2 2018 earnings at $1.76 EPS and Q3 2018 earnings at $1.35 EPS.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last issued its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by $0.03. The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up .2% on a year-over-year basis. During the same period in the prior year, the company posted $1.66 EPS. COPYRIGHT VIOLATION NOTICE: This piece of content was published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/08/07/langen-mcalenn-weighs-in-on-willis-towers-watson-public-limited-companys-q3-2017-earnings-wltw.html.

Several other equities research analysts also recently issued reports on the company. Wells Fargo & Company reaffirmed a “sell” rating on shares of Willis Towers Watson Public Limited in a research report on Sunday, April 9th. Zacks Investment Research downgraded Willis Towers Watson Public Limited from a “hold” rating to a “sell” rating in a research report on Wednesday, April 12th. Jefferies Group LLC raised their price target on Willis Towers Watson Public Limited from $141.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, May 10th. William Blair reaffirmed an “outperform” rating on shares of Willis Towers Watson Public Limited in a research report on Thursday, May 4th. Finally, Deutsche Bank AG reaffirmed a “sell” rating and issued a $121.00 price target on shares of Willis Towers Watson Public Limited in a research report on Monday, July 10th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $152.08.

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

The company also recently announced a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date was Wednesday, June 28th. Willis Towers Watson Public Limited’s dividend payout ratio (DPR) is presently 76.81%.

In other Willis Towers Watson Public Limited news, insider Jeffrey W. Ubben sold 1,000,000 shares of Willis Towers Watson Public Limited stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $140.53, for a total transaction of $140,530,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Jeffrey W. Ubben sold 445,000 shares of Willis Towers Watson Public Limited stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $145.03, for a total value of $64,538,350.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,450,378 shares of company stock worth $205,839,802. 6.70% of the stock is owned by company insiders.

A number of large investors have recently added to or reduced their stakes in WLTW. Conning Inc. increased its stake in Willis Towers Watson Public Limited by 1.4% in the first quarter. Conning Inc. now owns 2,250 shares of the financial services provider’s stock worth $295,000 after buying an additional 30 shares during the last quarter. Financial Architects Inc increased its stake in Willis Towers Watson Public Limited by 2.5% in the second quarter. Financial Architects Inc now owns 1,284 shares of the financial services provider’s stock worth $187,000 after buying an additional 31 shares during the last quarter. Atria Investments LLC increased its stake in Willis Towers Watson Public Limited by 1.0% in the first quarter. Atria Investments LLC now owns 4,805 shares of the financial services provider’s stock worth $629,000 after buying an additional 46 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in Willis Towers Watson Public Limited by 11.8% in the second quarter. Great West Life Assurance Co. Can now owns 693 shares of the financial services provider’s stock worth $100,000 after buying an additional 73 shares during the last quarter. Finally, LS Investment Advisors LLC increased its stake in Willis Towers Watson Public Limited by 1.2% in the second quarter. LS Investment Advisors LLC now owns 6,432 shares of the financial services provider’s stock worth $936,000 after buying an additional 79 shares during the last quarter. 92.67% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Limited Company Profile

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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