Willis Towers Watson Public (WLTW) Stock Rating Lowered by ValuEngine

Willis Towers Watson Public (NASDAQ:WLTW) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

WLTW has been the subject of several other reports. Wells Fargo & Company restated a “sell” rating on shares of Willis Towers Watson Public in a report on Thursday, August 3rd. BidaskClub upgraded shares of Willis Towers Watson Public from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $164.00 target price on shares of Willis Towers Watson Public in a research note on Thursday, October 12th. Stifel Nicolaus reiterated a “buy” rating and issued a $175.00 target price on shares of Willis Towers Watson Public in a research note on Friday, August 4th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $167.00 target price on shares of Willis Towers Watson Public in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have issued a buy rating to the company’s stock. Willis Towers Watson Public presently has a consensus rating of “Buy” and an average price target of $155.80.

Willis Towers Watson Public (NASDAQ WLTW) traded up $1.15 during mid-day trading on Friday, hitting $161.95. 1,074,875 shares of the company traded hands, compared to its average volume of 812,447. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.97 and a current ratio of 1.97. The firm has a market capitalization of $21,750.00, a PE ratio of 19.53, a P/E/G ratio of 1.90 and a beta of 0.92. Willis Towers Watson Public has a twelve month low of $119.70 and a twelve month high of $165.00.

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

In other news, CFO Michael J. Burwell acquired 3,100 shares of Willis Towers Watson Public stock in a transaction dated Monday, November 6th. The stock was acquired at an average cost of $160.10 per share, for a total transaction of $496,310.00. Following the completion of the purchase, the chief financial officer now owns 3,100 shares of the company’s stock, valued at $496,310. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jeffrey W. Ubben sold 320,000 shares of the business’s stock in a transaction 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. Corporate insiders own 6.70% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Great West Life Assurance Co. Can lifted its stake in shares of Willis Towers Watson Public 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. Commonwealth Bank of Australia lifted 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 buying an additional 75 shares during the last quarter. Advisor Group Inc. lifted its stake in shares of Willis Towers Watson Public by 30.2% in the second quarter. Advisor Group Inc. now owns 699 shares of the financial services provider’s stock worth $101,000 after buying an additional 162 shares during the last quarter. Park Avenue Institutional Advisers LLC acquired a new stake in shares of Willis Towers Watson Public in the first quarter worth $103,000. Finally, Dupont Capital Management Corp bought a new position in Willis Towers Watson Public during the second quarter worth $106,000. Institutional investors and hedge funds 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.

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

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