FY2017 Earnings Estimate for Willis Towers Watson Public Limited Company (WLTW) Issued By SunTrust Banks

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) – Research analysts at SunTrust Banks reduced their FY2017 earnings per share estimates for shares of Willis Towers Watson Public Limited in a report released on Thursday. SunTrust Banks analyst M. Hughes now expects that the financial services provider will earn $8.47 per share for the year, down from their previous forecast 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.

A number of other research analysts have also commented on WLTW. UBS AG reiterated a “buy” rating and set a $163.00 price target (up from $159.00) on shares of Willis Towers Watson Public Limited in a report on Monday, June 5th. Stifel Nicolaus reiterated a “buy” rating and set a $175.00 price target on shares of Willis Towers Watson Public Limited in a report on Friday. Citigroup Inc. cut their target price on Willis Towers Watson Public Limited from $174.00 to $173.00 and set a “buy” rating for the company in a research note on Monday. Zacks Investment Research upgraded Willis Towers Watson Public Limited from a “sell” rating to a “hold” rating in a research note on Thursday, July 27th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and issued a $158.00 target price on shares of Willis Towers Watson Public Limited in a research note on Friday, July 14th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the company. Willis Towers Watson Public Limited has a consensus rating of “Buy” and a consensus price target of $152.00.

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Willis Towers Watson Public Limited (NASDAQ WLTW) opened at 149.58 on Monday. Willis Towers Watson Public Limited has a 12-month low of $112.76 and a 12-month high of $151.02. The firm has a market cap of $20.22 billion, a P/E ratio of 39.34 and a beta of 0.93. The firm has a 50-day moving average of $147.19 and a 200-day moving average of $136.10.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last released its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $1.45 EPS for the quarter, missing analysts’ consensus estimates 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 return on equity of 10.63% and a net margin of 4.75%. The business’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.66 EPS.

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

In other Willis Towers Watson Public Limited news, Director Paul D. Thomas sold 2,200 shares of the 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jeffrey W. Ubben sold 1,000,000 shares of the stock in a transaction on Friday, May 19th. The stock was sold at an average price of $140.53, for a total value of $140,530,000.00. The disclosure for this sale can be found here. Insiders have sold 1,450,378 shares of company stock valued at $205,839,802 over the last quarter. Corporate insiders own 6.70% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Conning Inc. raised its position in Willis Towers Watson Public Limited by 1.4% in the first quarter. Conning Inc. now owns 2,250 shares of the financial services provider’s stock valued at $295,000 after buying an additional 30 shares in the last quarter. Financial Architects Inc raised its position in Willis Towers Watson Public Limited by 2.5% in the second quarter. Financial Architects Inc now owns 1,284 shares of the financial services provider’s stock valued at $187,000 after buying an additional 31 shares in the last quarter. Atria Investments LLC raised its position in Willis Towers Watson Public Limited by 1.0% in the first quarter. Atria Investments LLC now owns 4,805 shares of the financial services provider’s stock valued at $629,000 after buying an additional 46 shares in the last quarter. Great West Life Assurance Co. Can raised its position 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 valued at $100,000 after buying an additional 73 shares in the last quarter. Finally, LS Investment Advisors LLC raised its position in Willis Towers Watson Public Limited by 1.2% in the second quarter. LS Investment Advisors LLC now owns 6,432 shares of the financial services provider’s stock valued at $936,000 after buying an additional 79 shares in the last quarter. Hedge funds and other institutional investors own 92.06% of the company’s stock.

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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