Willis Towers Watson PLC (NASDAQ:WLTW) – Research analysts at Jefferies Group cut their FY2018 earnings per share estimates for shares of Willis Towers Watson PLC in a research note issued on Tuesday. Jefferies Group analyst D. Styblo now expects that the brokerage will post earnings per share of $10.15 for the year, down from their prior estimate of $10.29. Jefferies Group currently has a “Buy” rating and a $147.00 price target on the stock.

Willis Towers Watson PLC (NASDAQ:WLTW) last issued its quarterly earnings results on Friday, November 4th. The company reported $1.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.06 by $0.02. Willis Towers Watson PLC had a net margin of 3.66% and a return on equity of 10.23%. The company had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same quarter in the previous year, the company posted $0.56 EPS. The company’s revenue for the quarter was up 1.6% compared to the same quarter last year.

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

Several other research analysts have also commented on the stock. Deutsche Bank AG lowered shares of Willis Towers Watson PLC from a “hold” rating to a “sell” rating and set a $122.00 price objective for the company. in a research note on Wednesday, October 19th. Citigroup Inc. raised their price objective on shares of Willis Towers Watson PLC from $151.00 to $154.00 and gave the company a “buy” rating in a research note on Tuesday, October 11th. Credit Suisse Group AG reissued a “hold” rating and issued a $124.00 price objective on shares of Willis Towers Watson PLC in a research note on Friday, September 30th. Barclays PLC reiterated an “overweight” rating and issued a $148.00 price target on shares of Willis Towers Watson PLC in a research note on Monday, September 26th. Finally, Wells Fargo & Co. reiterated a “sell” rating on shares of Willis Towers Watson PLC in a research note on Friday, September 30th. Four research analysts have rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Willis Towers Watson PLC presently has an average rating of “Hold” and an average target price of $127.64.

Shares of Willis Towers Watson PLC (NASDAQ:WLTW) traded down 0.65% on Friday, reaching $121.48. 754,726 shares of the company’s stock were exchanged. The firm has a market capitalization of $16.77 billion, a P/E ratio of 31.19 and a beta of 0.80. Willis Towers Watson PLC has a one year low of $104.11 and a one year high of $133.40. The firm has a 50 day moving average of $126.71 and a 200 day moving average of $125.08.

Institutional investors have recently bought and sold shares of the stock. Nomura Asset Management Co. Ltd. raised its position in Willis Towers Watson PLC by 4.6% in the third quarter. Nomura Asset Management Co. Ltd. now owns 15,735 shares of the company’s stock worth $2,089,000 after buying an additional 690 shares during the period. ProShare Advisors LLC raised its position in Willis Towers Watson PLC by 5.7% in the third quarter. ProShare Advisors LLC now owns 33,417 shares of the company’s stock worth $4,437,000 after buying an additional 1,792 shares during the period. Morgan Stanley raised its position in Willis Towers Watson PLC by 5.4% in the third quarter. Morgan Stanley now owns 100,375 shares of the company’s stock worth $13,326,000 after buying an additional 5,130 shares during the period. Principal Financial Group Inc. raised its position in Willis Towers Watson PLC by 3.4% in the third quarter. Principal Financial Group Inc. now owns 1,390,385 shares of the company’s stock worth $184,595,000 after buying an additional 45,533 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp raised its position in Willis Towers Watson PLC by 3.0% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 273,643 shares of the company’s stock worth $36,332,000 after buying an additional 7,873 shares during the period. Hedge funds and other institutional investors own 91.08% of the company’s stock.

In related news, insider Nicolas Aubert sold 3,149 shares of Willis Towers Watson PLC stock in a transaction on Tuesday, September 6th. The shares were sold at an average price of $126.65, for a total value of $398,820.85. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 6.40% of the stock is currently owned by insiders.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 17th. Stockholders of record on Saturday, December 31st will be issued a $0.48 dividend. The ex-dividend date of this dividend is Wednesday, December 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.58%. Willis Towers Watson PLC’s payout ratio is 114.29%.

Willis Towers Watson PLC 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.

5 Day Chart for NASDAQ:WLTW

Receive News & Stock Ratings for Willis Towers Watson PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Towers Watson PLC and related stocks with our FREE daily email newsletter.