Willis Towers Watson Public Limited Company (NASDAQ:WLTW) issued an update on its FY17 earnings guidance on Thursday morning. The company provided EPS guidance of $8.36-8.51 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.43.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last posted its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $1.12 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.01). The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.84 billion. Willis Towers Watson Public Limited had a return on equity of 10.63% and a net margin of 4.75%. The company’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period last year, the firm earned $1.04 earnings per share.

The firm also recently declared a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Saturday, September 30th were paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend was Thursday, September 28th. Willis Towers Watson Public Limited’s dividend payout ratio (DPR) is 76.81%.

A number of equities research analysts recently weighed in on the stock. Keefe, Bruyette & Woods reissued a buy rating and set a $158.00 price target on shares of Willis Towers Watson Public Limited in a research note on Friday, July 14th. Wells Fargo & Company reissued a sell rating and set a $124.00 price target on shares of Willis Towers Watson Public Limited in a research note on Thursday. Zacks Investment Research downgraded shares of Willis Towers Watson Public Limited from a hold rating to a sell rating in a research note on Thursday, July 13th. Citigroup Inc. boosted their price target on shares of Willis Towers Watson Public Limited from $166.00 to $174.00 and gave the stock a buy rating in a research note on Thursday, July 13th. Finally, Stifel Nicolaus reissued a buy rating and set a $166.00 price target on shares of Willis Towers Watson Public Limited in a research note on Friday, July 21st. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and fifteen have issued a buy rating to the company’s stock. Willis Towers Watson Public Limited has an average rating of Buy and an average target price of $155.80.

In other news, Director Brendan R. Oneill sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $150.92, for a total value of $754,600.00. Following the completion of the transaction, the director now owns 17,302 shares in the company, valued at $2,611,217.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeffrey W. Ubben sold 287,532 shares of the company’s stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $156.74, for a total transaction of $45,067,765.68. The disclosure for this sale can be found here. Insiders sold 4,845,295 shares of company stock valued at $728,949,063 in the last quarter. Corporate insiders own 6.70% of the company’s stock.

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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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