Willis Towers Watson PLC (WLTW) Receives Average Rating of “Hold” from Brokerages
Willis Towers Watson PLC (NASDAQ:WLTW) has earned an average recommendation of “Hold” from the twenty-one ratings firms that are currently covering the firm. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $127.64.
Several brokerages have commented on WLTW. Goldman Sachs Group Inc. raised Willis Towers Watson PLC from a “neutral” rating to a “buy” rating in a research report on Tuesday. Jefferies Group reaffirmed a “buy” rating and issued a $147.00 price target (down from $150.00) on shares of Willis Towers Watson PLC in a research report on Tuesday, November 8th. Deutsche Bank AG downgraded Willis Towers Watson PLC from a “hold” rating to a “sell” rating and set a $122.00 price target on the stock. in a research report on Wednesday, October 19th. Citigroup Inc. lifted their price target on Willis Towers Watson PLC from $151.00 to $154.00 and gave the stock a “buy” rating in a research report on Tuesday, October 11th. Finally, Keefe, Bruyette & Woods set a $142.00 price target on Willis Towers Watson PLC and gave the stock a “buy” rating in a research report on Saturday, October 1st.
In other Willis Towers Watson PLC news, insider Joseph Gunn sold 446 shares of the business’s stock in a transaction on Wednesday, November 9th. The stock was sold at an average price of $117.18, for a total value of $52,262.28. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Nicolas Aubert sold 3,149 shares of the business’s stock in a transaction on Tuesday, September 6th. The stock was sold at an average price of $126.65, for a total value of $398,820.85. The disclosure for this sale can be found here. 6.40% of the stock is owned by company insiders.
Institutional investors have recently bought and sold shares of the company. Barclays PLC acquired a new position in Willis Towers Watson PLC during the first quarter worth approximately $27,849,000. Junto Capital Management LP acquired a new position in Willis Towers Watson PLC during the first quarter worth approximately $29,927,000. New York State Teachers Retirement System raised its position in Willis Towers Watson PLC by 0.7% in the second quarter. New York State Teachers Retirement System now owns 192,956 shares of the company’s stock worth $23,986,000 after buying an additional 1,425 shares in the last quarter. Longview Partners Guernsey LTD acquired a new position in Willis Towers Watson PLC during the second quarter worth approximately $631,334,000. Finally, Hosking Partners LLP raised its position in Willis Towers Watson PLC by 15.2% in the second quarter. Hosking Partners LLP now owns 209,797 shares of the company’s stock worth $26,080,000 after buying an additional 27,694 shares in the last quarter. 91.05% of the stock is currently owned by institutional investors.
Shares of Willis Towers Watson PLC (NASDAQ:WLTW) traded down 0.57% on Wednesday, hitting $122.63. 430,294 shares of the stock traded hands. The stock has a market cap of $16.77 billion, a price-to-earnings ratio of 58.53 and a beta of 0.80. The company’s 50 day moving average is $126.42 and its 200 day moving average is $125.07. Willis Towers Watson PLC has a one year low of $104.11 and a one year high of $133.40.
Willis Towers Watson PLC (NASDAQ:WLTW) last issued its quarterly earnings results on Friday, November 4th. The company reported $1.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by $0.02. The business earned $1.78 billion during the quarter, compared to the consensus estimate of $1.83 billion. Willis Towers Watson PLC had a return on equity of 10.23% and a net margin of 3.66%. The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.56 earnings per share. On average, equities analysts forecast that Willis Towers Watson PLC will post $7.69 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 17th. Investors of record on Saturday, December 31st will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 1.56%. The ex-dividend date is Wednesday, December 28th. Willis Towers Watson PLC’s dividend 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.
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.