Willis Towers Watson Public Limited Company (NASDAQ:WLTW) – Research analysts at SunTrust Banks lowered their FY2017 earnings estimates for Willis Towers Watson Public Limited in a report released on Thursday. SunTrust Banks analyst M. Hughes now forecasts that the financial services provider will post earnings per share of $8.47 for the year, down from their previous estimate of $8.50. SunTrust Banks also issued estimates for Willis Towers Watson Public Limited’s Q1 2018 earnings at $4.12 EPS, Q2 2018 earnings at $1.84 EPS and Q4 2018 earnings at $2.38 EPS.

WLTW has been the subject of several other reports. Zacks Investment Research cut Willis Towers Watson Public Limited from a “hold” rating to a “sell” rating in a report on Wednesday, April 12th. Wells Fargo & Company reaffirmed a “sell” rating on shares of Willis Towers Watson Public Limited in a report on Thursday, May 4th. Deutsche Bank AG reaffirmed a “sell” rating and issued a $121.00 price objective on shares of Willis Towers Watson Public Limited in a report on Monday, July 10th. Morgan Stanley reaffirmed an “overweight” rating and issued a $160.00 price objective (up from $150.00) on shares of Willis Towers Watson Public Limited in a report on Friday, July 7th. Finally, Barclays PLC lifted their price objective on Willis Towers Watson Public Limited from $154.00 to $171.00 and gave the company an “overweight” rating in a report on Friday, June 30th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and twelve have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $152.00.

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Shares of Willis Towers Watson Public Limited (NASDAQ WLTW) opened at 149.58 on Monday. The company has a market cap of $20.22 billion, a PE ratio of 39.34 and a beta of 0.93. Willis Towers Watson Public Limited has a one year low of $112.76 and a one year high of $151.02. The stock’s 50 day moving average price is $147.19 and its 200 day moving average price is $136.10.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by $0.03. Willis Towers Watson Public Limited had a net margin of 4.75% and a return on equity of 10.63%. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter last year, the company earned $1.66 earnings per share. The business’s revenue was up .2% on a year-over-year basis.

Large investors have recently modified their holdings of the company. Quadrature Capital Ltd purchased a new stake in shares of Willis Towers Watson Public Limited during the fourth quarter worth $714,000. Teachers Advisors LLC raised its stake in shares of Willis Towers Watson Public Limited by 6.1% in the fourth quarter. Teachers Advisors LLC now owns 25,080 shares of the financial services provider’s stock worth $3,067,000 after buying an additional 1,453 shares in the last quarter. Macquarie Group Ltd. raised its stake in shares of Willis Towers Watson Public Limited by 11.1% in the fourth quarter. Macquarie Group Ltd. now owns 3,200 shares of the financial services provider’s stock worth $391,000 after buying an additional 321 shares in the last quarter. Chevy Chase Trust Holdings Inc. raised its stake in shares of Willis Towers Watson Public Limited by 2.2% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 110,989 shares of the financial services provider’s stock worth $14,528,000 after buying an additional 2,361 shares in the last quarter. Finally, Bank of Montreal Can raised its stake in shares of Willis Towers Watson Public Limited by 24.5% in the first quarter. Bank of Montreal Can now owns 295,402 shares of the financial services provider’s stock worth $38,664,000 after buying an additional 58,164 shares in the last quarter. Institutional investors and hedge funds own 92.06% of the company’s stock.

In related news, Director Paul D. Thomas sold 2,200 shares of the business’s stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of $141.62, for a total transaction of $311,564.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Nicolas Aubert sold 3,178 shares of the business’s stock in a transaction on Friday, May 26th. The stock was sold at an average price of $144.71, for a total value of $459,888.38. The disclosure for this sale can be found here. Insiders have sold a total of 1,450,378 shares of company stock worth $205,839,802 in the last 90 days. 6.70% of the stock is currently owned by corporate insiders.

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

About Willis Towers Watson Public Limited

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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