Goldman Sachs Group initiated coverage on shares of Willis Towers Watson Public (NASDAQ:WLTW) in a report released on Monday morning. The brokerage issued a sell rating and a $153.00 price objective on the financial services provider’s stock.

Several other research firms have also issued reports on WLTW. ValuEngine lowered shares of Willis Towers Watson Public from a buy rating to a hold rating in a report on Friday. Wells Fargo & Company restated a sell rating and issued a $124.00 target price on shares of Willis Towers Watson Public in a report on Thursday, November 2nd. BidaskClub lowered shares of Willis Towers Watson Public from a strong-buy rating to a buy rating in a report on Tuesday, October 31st. Robert W. Baird restated a buy rating and issued a $167.00 target price on shares of Willis Towers Watson Public in a report on Friday, November 3rd. Finally, Barclays raised their target price on shares of Willis Towers Watson Public from $171.00 to $174.00 and gave the stock an overweight rating in a report on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of $157.27.

Shares of Willis Towers Watson Public (WLTW) traded down $3.47 during trading hours on Monday, hitting $158.48. 909,200 shares of the company’s stock were exchanged, compared to its average volume of 812,867. Willis Towers Watson Public has a 1-year low of $120.18 and a 1-year high of $165.00. The stock has a market cap of $21,383.68, a PE ratio of 19.85, a P/E/G ratio of 1.93 and a beta of 0.90. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.45.

Willis Towers Watson Public (NASDAQ:WLTW) last issued its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $1.12 EPS for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.01). Willis Towers Watson Public had a return on equity of 10.93% and a net margin of 4.43%. The business had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same period in the previous year, the business earned $1.04 earnings per share. The business’s quarterly revenue was up 4.0% on a year-over-year basis. equities research analysts forecast that Willis Towers Watson Public will post 8.41 earnings per share for the current year.

In related news, CFO Michael J. Burwell acquired 3,100 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The stock was bought at an average price of $160.10 per share, for a total transaction of $496,310.00. Following the acquisition, the chief financial officer now directly owns 3,100 shares of the company’s stock, valued at approximately $496,310. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeffrey W. Ubben sold 491,652 shares of Willis Towers Watson Public stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $148.59, for a total transaction of $73,054,570.68. The disclosure for this sale can be found here. Insiders have sold a total of 2,231,295 shares of company stock valued at $341,748,373 in the last quarter. 6.70% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of Willis Towers Watson Public by 3.9% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,083,748 shares of the financial services provider’s stock valued at $321,377,000 after purchasing an additional 77,936 shares in the last quarter. GSA Capital Partners LLP bought a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at about $595,000. Westport Asset Management Inc. raised its holdings in shares of Willis Towers Watson Public by 35.8% in the 3rd quarter. Westport Asset Management Inc. now owns 97,285 shares of the financial services provider’s stock valued at $15,004,000 after purchasing an additional 25,657 shares in the last quarter. Capital Wealth Planning LLC bought a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at about $204,000. Finally, California Public Employees Retirement System raised its holdings in shares of Willis Towers Watson Public by 7.5% in the 3rd quarter. California Public Employees Retirement System now owns 283,063 shares of the financial services provider’s stock valued at $43,657,000 after purchasing an additional 19,836 shares in the last quarter. Institutional investors own 94.35% of the company’s stock.

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About Willis Towers Watson Public

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.

Analyst Recommendations for Willis Towers Watson Public (NASDAQ:WLTW)

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