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 note issued to investors on Thursday.

Several other equities analysts have also recently issued reports on WLTW. Zacks Investment Research cut shares of Willis Towers Watson Public Limited from a “hold” rating to a “sell” rating in a research report 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 company a “buy” rating in a research report on Thursday, July 13th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $158.00 price target on shares of Willis Towers Watson Public Limited in a research report on Friday, July 14th. Stifel Nicolaus reiterated a “buy” rating and set a $166.00 price target on shares of Willis Towers Watson Public Limited in a research report on Friday, July 21st. Finally, Wells Fargo & Company reiterated a “sell” rating on shares of Willis Towers Watson Public Limited in a research report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and sixteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $155.80.

Willis Towers Watson Public Limited (WLTW) traded up $0.51 during mid-day trading on Thursday, hitting $161.50. 706,120 shares of the company’s stock were exchanged, compared to its average volume of 808,494. Willis Towers Watson Public Limited has a 12-month low of $117.70 and a 12-month high of $165.00. The stock has a market capitalization of $21,337.47, a PE ratio of 19.80, a price-to-earnings-growth ratio of 1.93 and a beta of 0.91. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.97 and a quick ratio of 2.25.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last announced its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $1.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.13 by ($0.01). Willis Towers Watson Public Limited had a net margin of 4.43% and a return on equity of 10.93%. The company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same quarter in the prior year, the firm earned $1.04 EPS. Willis Towers Watson Public Limited’s quarterly revenue was up 4.0% compared to the same quarter last year. research analysts expect that Willis Towers Watson Public Limited will post 8.41 EPS for the current fiscal year.

WARNING: This piece of content was reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another site, it was illegally copied and reposted in violation of US and international copyright & trademark law. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/11/09/willis-towers-watson-public-limited-company-wltw-upgraded-to-buy-at-valuengine.html.

In other news, Director Jeffrey W. Ubben sold 206,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $148.02, for a total value of $30,492,120.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Brendan R. Oneill sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $150.92, for a total transaction of $754,600.00. Following the completion of the transaction, the director now owns 17,302 shares in the company, valued at approximately $2,611,217.84. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,800,295 shares of company stock worth $572,591,163. Insiders own 6.70% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in WLTW. BlackRock Inc. raised its holdings in shares of Willis Towers Watson Public Limited by 2,106.3% during the first quarter. BlackRock Inc. now owns 5,379,306 shares of the financial services provider’s stock valued at $704,098,000 after purchasing an additional 5,135,491 shares during the last quarter. Longview Partners Guernsey LTD purchased a new stake in Willis Towers Watson Public Limited during the second quarter valued at approximately $631,334,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Willis Towers Watson Public Limited during the fourth quarter valued at approximately $166,480,000. FIL Ltd increased its holdings in Willis Towers Watson Public Limited by 490.5% during the second quarter. FIL Ltd now owns 3,884,662 shares of the financial services provider’s stock valued at $565,063,000 after buying an additional 3,226,785 shares during the last quarter. Finally, State Street Corp increased its holdings in Willis Towers Watson Public Limited by 153.3% during the first quarter. State Street Corp now owns 5,083,063 shares of the financial services provider’s stock valued at $603,161,000 after buying an additional 3,076,597 shares during the last quarter. 93.79% of the stock is owned by hedge funds and other 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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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

Receive News & Ratings for Willis Towers Watson Public Limited Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Towers Watson Public Limited Company and related companies with MarketBeat.com's FREE daily email newsletter.