Willis Towers Watson Public Limited Company (NASDAQ:WLTW) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

A number of other equities research analysts have also recently weighed in on WLTW. UBS AG restated 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. Jefferies Group LLC reiterated a “buy” rating and set a $165.00 price target on shares of Willis Towers Watson Public Limited in a report on Friday, June 16th. Barclays PLC increased their price target on shares of Willis Towers Watson Public Limited from $154.00 to $171.00 and gave the company an “overweight” rating in a report on Friday, June 30th. Morgan Stanley reiterated an “overweight” rating and set a $160.00 price target (up previously from $150.00) on shares of Willis Towers Watson Public Limited in a report on Friday, July 7th. Finally, Deutsche Bank AG reiterated a “sell” rating and set a $121.00 price target on shares of Willis Towers Watson Public Limited in a report on Monday, July 10th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Willis Towers Watson Public Limited currently has an average rating of “Buy” and an average target price of $153.54.

Willis Towers Watson Public Limited (WLTW) traded up 2.69% during trading on Friday, reaching $151.84. The company’s stock had a trading volume of 1,380,437 shares. The company has a 50-day moving average of $148.85 and a 200 day moving average of $140.40. Willis Towers Watson Public Limited has a one year low of $112.76 and a one year high of $152.44. The firm has a market cap of $20.39 billion, a PE ratio of 42.98 and a beta of 0.94.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last announced its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share 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 analysts’ expectations of $1.95 billion. Willis Towers Watson Public Limited had a return on equity of 10.63% and a net margin of 4.75%. Willis Towers Watson Public Limited’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter last year, the company posted $1.66 EPS. Analysts expect that Willis Towers Watson Public Limited will post $8.43 EPS for the current fiscal year.

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In related news, insider Jeffrey W. Ubben sold 820,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $149.59, for a total value of $122,663,800.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jeffrey W. Ubben sold 85,000 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $149.78, for a total transaction of $12,731,300.00. The disclosure for this sale can be found here. Insiders sold 3,851,652 shares of company stock worth $574,890,781 in the last 90 days. 6.70% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently modified their holdings of WLTW. Teachers Advisors LLC boosted its holdings in Willis Towers Watson Public Limited by 6.1% in the fourth quarter. Teachers Advisors LLC now owns 25,080 shares of the financial services provider’s stock worth $3,067,000 after purchasing an additional 1,453 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in Willis Towers Watson Public Limited by 44.8% in the first quarter. Janney Montgomery Scott LLC now owns 4,075 shares of the financial services provider’s stock worth $533,000 after purchasing an additional 1,260 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its holdings in Willis Towers Watson Public Limited by 33.3% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 2,639 shares of the financial services provider’s stock worth $345,000 after purchasing an additional 659 shares during the last quarter. Flinton Capital Management LLC boosted its holdings in Willis Towers Watson Public Limited by 15.8% in the first quarter. Flinton Capital Management LLC now owns 2,576 shares of the financial services provider’s stock worth $337,000 after purchasing an additional 352 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in Willis Towers Watson Public Limited by 4.3% in the first quarter. Daiwa Securities Group Inc. now owns 3,646 shares of the financial services provider’s stock worth $477,000 after purchasing an additional 150 shares during the last quarter. Institutional investors own 94.38% of the company’s stock.

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.

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Analyst Recommendations for Willis Towers Watson Public Limited (NASDAQ:WLTW)

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