Q1 2019 EPS Estimates for Willis Towers Watson PLC (WLTW) Cut by William Blair

Willis Towers Watson PLC (NASDAQ:WLTW) – William Blair dropped their Q1 2019 earnings per share (EPS) estimates for Willis Towers Watson in a research report issued to clients and investors on Thursday. William Blair analyst A. Klauber now expects that the financial services provider will earn $4.46 per share for the quarter, down from their previous forecast of $4.57. William Blair has a “Market Perform” rating on the stock. William Blair also issued estimates for Willis Towers Watson’s Q2 2019 earnings at $1.99 EPS, Q3 2019 earnings at $1.59 EPS and Q4 2019 earnings at $2.62 EPS.

A number of other equities analysts have also commented on WLTW. Stifel Nicolaus boosted their price objective on shares of Willis Towers Watson from $175.00 to $187.00 and gave the stock a “buy” rating in a report on Monday, February 5th. BidaskClub upgraded shares of Willis Towers Watson from a “hold” rating to a “buy” rating in a report on Monday, February 5th. Zacks Investment Research downgraded shares of Willis Towers Watson from a “hold” rating to a “strong sell” rating in a research report on Saturday, February 3rd. Deutsche Bank boosted their target price on shares of Willis Towers Watson from $140.00 to $150.00 and gave the stock a “sell” rating in a research report on Friday. Finally, Wells Fargo & Co reissued a “hold” rating and issued a $154.00 target price on shares of Willis Towers Watson in a research report on Thursday. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Willis Towers Watson presently has a consensus rating of “Buy” and an average target price of $166.75.

Willis Towers Watson (NASDAQ:WLTW) opened at $152.14 on Monday. Willis Towers Watson has a 1-year low of $121.19 and a 1-year high of $165.00. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.82 and a quick ratio of 1.97. The company has a market cap of $20,103.72, a price-to-earnings ratio of 17.92, a price-to-earnings-growth ratio of 1.50 and a beta of 0.90.

Willis Towers Watson (NASDAQ:WLTW) last issued its quarterly earnings data on Thursday, February 8th. The financial services provider reported $2.21 EPS for the quarter, topping analysts’ consensus estimates of $2.11 by $0.10. Willis Towers Watson had a net margin of 6.93% and a return on equity of 11.25%. The firm had revenue of $2.08 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the previous year, the business posted $1.88 EPS. The firm’s revenue was up 7.8% compared to the same quarter last year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Sunday, December 31st were given a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 1.39%. The ex-dividend date was Thursday, December 28th. Willis Towers Watson’s payout ratio is currently 50.72%.

Several large investors have recently made changes to their positions in the stock. BlackRock Inc. grew its position in shares of Willis Towers Watson by 1.5% during the 4th quarter. BlackRock Inc. now owns 8,024,880 shares of the financial services provider’s stock valued at $1,209,269,000 after buying an additional 121,446 shares during the last quarter. Longview Partners Guernsey LTD grew its position in shares of Willis Towers Watson by 8.3% during the 4th quarter. Longview Partners Guernsey LTD now owns 6,146,219 shares of the financial services provider’s stock valued at $926,174,000 after buying an additional 468,525 shares during the last quarter. First Eagle Investment Management LLC grew its position in shares of Willis Towers Watson by 1.6% during the 3rd quarter. First Eagle Investment Management LLC now owns 4,027,867 shares of the financial services provider’s stock valued at $621,218,000 after buying an additional 64,659 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of Willis Towers Watson by 0.5% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,094,250 shares of the financial services provider’s stock valued at $315,583,000 after buying an additional 10,502 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of Willis Towers Watson by 12.3% during the 4th quarter. Wells Fargo & Company MN now owns 1,635,349 shares of the financial services provider’s stock valued at $246,431,000 after buying an additional 179,146 shares during the last quarter. 94.51% of the stock is owned by institutional investors and hedge funds.

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About Willis Towers Watson

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 (NASDAQ:WLTW)

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