Willis Towers Watson Public Limited Company (WLTW) Given Consensus Rating of “Buy” by Analysts

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) has received an average rating of “Buy” from the twenty research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and sixteen have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $158.07.

Several brokerages have issued reports on WLTW. Citigroup decreased their target price on shares of Willis Towers Watson Public from $174.00 to $173.00 and set a “buy” rating for the company in a report on Monday, August 7th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $175.00 target price on shares of Willis Towers Watson Public in a report on Friday, August 4th. Wells Fargo & Company reaffirmed a “sell” rating on shares of Willis Towers Watson Public in a report on Thursday, August 3rd. ValuEngine raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating in a report on Friday, September 8th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $176.00 target price on shares of Willis Towers Watson Public in a report on Tuesday, September 5th.

Shares of Willis Towers Watson Public (WLTW) traded up $1.15 during midday trading on Friday, reaching $161.95. 1,074,875 shares of the company were exchanged, compared to its average volume of 812,447. Willis Towers Watson Public has a one year low of $119.70 and a one year high of $165.00. The stock has a market cap of $21,750.00, a PE ratio of 19.53, a P/E/G ratio of 1.90 and a beta of 0.92. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.97 and a current ratio of 1.97.

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

In other news, insider Jeffrey W. Ubben sold 491,652 shares of Willis Towers Watson Public stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $148.59, for a total value of $73,054,570.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jeffrey W. Ubben sold 320,000 shares of Willis Towers Watson Public stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $161.15, for a total transaction of $51,568,000.00. The disclosure for this sale can be found here. Insiders sold 2,447,295 shares of company stock valued at $373,854,613 over the last quarter. Company insiders own 6.70% of the company’s stock.

Several hedge funds have recently made changes to their positions in WLTW. Commonwealth Bank of Australia grew its stake in shares of Willis Towers Watson Public by 12.1% in the second quarter. Commonwealth Bank of Australia now owns 694 shares of the financial services provider’s stock worth $100,000 after acquiring an additional 75 shares during the period. Great West Life Assurance Co. Can grew its position in Willis Towers Watson Public by 11.8% during the second quarter. Great West Life Assurance Co. Can now owns 693 shares of the financial services provider’s stock valued at $100,000 after buying an additional 73 shares during the period. Advisor Group Inc. grew its position in Willis Towers Watson Public by 30.2% during the second quarter. Advisor Group Inc. now owns 699 shares of the financial services provider’s stock valued at $101,000 after buying an additional 162 shares during the period. Dupont Capital Management Corp bought a new stake in Willis Towers Watson Public during the second quarter valued at approximately $106,000. Finally, Advisors Asset Management Inc. grew its position in Willis Towers Watson Public by 77.2% during the second quarter. Advisors Asset Management Inc. now owns 909 shares of the financial services provider’s stock valued at $132,000 after buying an additional 396 shares during the period. Hedge funds and other institutional investors own 94.34% of the company’s stock.

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About Willis Towers Watson Public

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.

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

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