Willis Towers Watson Public Limited Company (NASDAQ:WLTW) – Equities researchers at Langen Mcalenn cut their Q3 2017 EPS estimates for Willis Towers Watson Public Limited in a report released on Friday. Langen Mcalenn analyst R. Glasspiegel now anticipates that the financial services provider will post earnings of $1.13 per share for the quarter, down from their prior estimate of $1.14. Langen Mcalenn also issued estimates for Willis Towers Watson Public Limited’s Q1 2018 earnings at $3.90 EPS, Q2 2018 earnings at $1.76 EPS and Q3 2018 earnings at $1.35 EPS.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last posted its earnings results on Thursday, August 3rd. The financial services provider reported $1.45 EPS for the quarter, missing the consensus estimate of $1.48 by $0.03. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.95 billion. Willis Towers Watson Public Limited had a net margin of 4.75% and a return on equity of 10.63%. The firm’s revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.66 earnings per share. TRADEMARK VIOLATION WARNING: This piece was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece on another site, it was copied illegally and republished in violation of United States and international copyright and trademark law. The original version of this piece can be accessed at https://www.thecerbatgem.com/2017/08/07/langen-mcalenn-weighs-in-on-willis-towers-watson-public-limited-companys-q3-2017-earnings-nasdaqwltw.html.

Several other research firms have also recently weighed in on WLTW. Zacks Investment Research cut shares of Willis Towers Watson Public Limited from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. UBS AG restated a “buy” rating and issued a $163.00 price objective (up previously from $159.00) on shares of Willis Towers Watson Public Limited in a research report on Monday, June 5th. Morgan Stanley restated an “overweight” rating and issued a $160.00 price objective (up previously from $150.00) on shares of Willis Towers Watson Public Limited in a research report on Friday, July 7th. Citigroup Inc. boosted their price objective on shares of Willis Towers Watson Public Limited from $166.00 to $174.00 and gave the stock a “buy” rating in a research report on Thursday, July 13th. Finally, Wells Fargo & Company restated a “sell” rating on shares of Willis Towers Watson Public Limited in a research report on Sunday, April 9th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and twelve 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 $152.08.

Willis Towers Watson Public Limited (NASDAQ WLTW) opened at 149.64 on Monday. Willis Towers Watson Public Limited has a 52 week low of $112.76 and a 52 week high of $151.02. The firm’s 50-day moving average price is $147.19 and its 200-day moving average price is $136.10. The company has a market capitalization of $20.23 billion, a price-to-earnings ratio of 39.36 and a beta of 0.93.

Hedge funds have recently added to or reduced their stakes in the company. Great West Life Assurance Co. Can raised its stake in Willis Towers Watson Public Limited 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 in the last quarter. Dupont Capital Management Corp acquired a new stake in Willis Towers Watson Public Limited during the second quarter worth approximately $106,000. Advisors Asset Management Inc. raised its stake in Willis Towers Watson Public Limited by 77.2% in the second quarter. Advisors Asset Management Inc. now owns 909 shares of the financial services provider’s stock worth $132,000 after buying an additional 396 shares in the last quarter. Financial Architects Inc raised its stake in Willis Towers Watson Public Limited by 170.6% in the first quarter. Financial Architects Inc now owns 1,253 shares of the financial services provider’s stock worth $164,000 after buying an additional 790 shares in the last quarter. Finally, Vivaldi Capital Management LLC acquired a new stake in Willis Towers Watson Public Limited during the first quarter worth approximately $228,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

In other Willis Towers Watson Public Limited news, insider Nicolas Aubert sold 3,178 shares of Willis Towers Watson Public Limited stock in a transaction on Friday, May 26th. The shares were sold at an average price of $144.71, for a total transaction of $459,888.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jeffrey W. Ubben sold 445,000 shares of Willis Towers Watson Public Limited stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $145.03, for a total transaction of $64,538,350.00. The disclosure for this sale can be found here. Insiders have sold a total of 1,450,378 shares of company stock valued at $205,839,802 in the last ninety days. Company insiders own 6.70% of the company’s stock.

The firm also recently announced a quarterly dividend, which was paid on Monday, July 17th. Shareholders of record on Friday, June 30th were issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend was Wednesday, June 28th. Willis Towers Watson Public Limited’s dividend payout ratio is presently 76.81%.

Willis Towers Watson Public Limited 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.

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

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