Brokers Issue Forecasts for Willis Towers Watson Public Limited Company’s FY2018 Earnings (WLTW)

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) – Investment analysts at William Blair lifted their FY2018 earnings estimates for shares of Willis Towers Watson Public in a note issued to investors on Thursday. William Blair analyst A. Klauber now forecasts that the financial services provider will earn $9.70 per share for the year, up from their prior forecast of $9.69. William Blair currently has a “Outperform” rating on the stock. William Blair also issued estimates for Willis Towers Watson Public’s Q4 2018 earnings at $2.39 EPS, Q1 2019 earnings at $4.57 EPS, Q2 2019 earnings at $1.98 EPS, Q3 2019 earnings at $1.66 EPS and FY2019 earnings at $11.04 EPS.

Willis Towers Watson Public (NASDAQ:WLTW) last issued its earnings results on Thursday, November 2nd. The financial services provider reported $1.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.01). Willis Towers Watson Public had a return on equity of 10.93% and a net margin of 4.43%. The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter in the previous year, the company earned $1.04 earnings per share. The firm’s revenue was up 4.0% on a year-over-year basis.

Other analysts have also recently issued reports about the stock. Citigroup lowered their price target on shares of Willis Towers Watson Public from $174.00 to $173.00 and set a “buy” rating on the stock in a report on Monday, August 7th. ValuEngine raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating in a research report on Friday, September 8th. Jefferies Group reaffirmed a “buy” rating and issued a $176.00 price objective on shares of Willis Towers Watson Public in a research report on Tuesday, September 5th. BidaskClub lowered shares of Willis Towers Watson Public from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, October 31st. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $167.00 price objective on shares of Willis Towers Watson Public in a research report on Tuesday, September 12th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $157.57.

Shares of Willis Towers Watson Public (NASDAQ WLTW) opened at $161.95 on Monday. Willis Towers Watson Public has a 1-year low of $119.70 and a 1-year high of $165.00. The firm has a market cap of $21,383.72, a PE ratio of 19.85, a PEG ratio of 1.93 and a beta of 0.90. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.97 and a quick ratio of 1.97.

In other news, Director Jeffrey W. Ubben sold 320,000 shares of Willis Towers Watson Public stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $161.15, for a total transaction of $51,568,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Michael J. Burwell bought 3,100 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were purchased at an average cost of $160.10 per share, with a total value of $496,310.00. Following the completion of the acquisition, the chief financial officer now owns 3,100 shares in the company, valued at $496,310. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 2,447,295 shares of company stock valued at $373,854,613. Insiders own 6.70% of the company’s stock.

Large investors have recently bought and sold shares of the company. Teachers Advisors LLC grew its stake in Willis Towers Watson Public by 3.0% in the 1st quarter. Teachers Advisors LLC now owns 25,825 shares of the financial services provider’s stock valued at $3,380,000 after acquiring an additional 745 shares during the period. Aperio Group LLC grew its stake in Willis Towers Watson Public by 101.0% in the 2nd quarter. Aperio Group LLC now owns 17,775 shares of the financial services provider’s stock valued at $2,586,000 after acquiring an additional 8,930 shares during the period. Public Employees Retirement Association of Colorado grew its stake in Willis Towers Watson Public by 20.2% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 23,678 shares of the financial services provider’s stock valued at $3,444,000 after acquiring an additional 3,984 shares during the period. Janney Montgomery Scott LLC grew its stake in Willis Towers Watson Public by 21.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 4,961 shares of the financial services provider’s stock valued at $722,000 after acquiring an additional 886 shares during the period. Finally, Great West Life Assurance Co. Can grew its stake in Willis Towers Watson Public by 11.8% in the 2nd quarter. Great West Life Assurance Co. Can now owns 693 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 73 shares during the period. 94.34% of the stock is owned by hedge funds and other institutional investors.

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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.

Earnings History and Estimates for Willis Towers Watson Public (NASDAQ:WLTW)

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