Willis Towers Watson Public Limited Company (WLTW) Raised to Buy at ValuEngine

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Thursday.

WLTW has been the subject of a number of other reports. Wells Fargo & Company reaffirmed a “sell” rating on shares of Willis Towers Watson Public Limited in a research report on Thursday, August 3rd. BidaskClub raised shares of Willis Towers Watson Public Limited from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 28th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $164.00 price objective on shares of Willis Towers Watson Public Limited in a research report on Thursday, October 12th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $175.00 price objective on shares of Willis Towers Watson Public Limited in a research report on Friday, August 4th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $167.00 price objective on shares of Willis Towers Watson Public Limited in a research report on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and sixteen have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $155.80.

Willis Towers Watson Public Limited (NASDAQ:WLTW) traded up $0.51 during trading hours on Thursday, hitting $161.50. 706,120 shares of the stock traded hands, compared to its average volume of 808,494. The company has a current ratio of 1.97, a quick ratio of 2.25 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $21,337.47, a P/E ratio of 19.80, a PEG ratio of 1.93 and a beta of 0.91. Willis Towers Watson Public Limited has a one year low of $117.70 and a one year high of $165.00.

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

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In related news, Director Brendan R. Oneill sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $150.92, for a total transaction of $754,600.00. Following the sale, the director now directly owns 17,302 shares in the company, valued at approximately $2,611,217.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Michael J. Burwell purchased 3,100 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The shares were acquired at an average price of $160.10 per share, for a total transaction of $496,310.00. Following the completion of the purchase, the chief financial officer now directly owns 3,100 shares in the company, valued at approximately $496,310. The disclosure for this purchase can be found here. Insiders have sold a total of 3,800,295 shares of company stock worth $572,591,163 over the last 90 days. 6.70% of the stock is currently owned by corporate insiders.

Several hedge funds have recently made changes to their positions in WLTW. Teachers Advisors LLC lifted its stake in shares of Willis Towers Watson Public Limited by 3.0% during the 1st quarter. Teachers Advisors LLC now owns 25,825 shares of the financial services provider’s stock valued at $3,380,000 after buying an additional 745 shares in the last quarter. Thrivent Financial For Lutherans lifted its stake in shares of Willis Towers Watson Public Limited by 4.7% during the 1st quarter. Thrivent Financial For Lutherans now owns 4,697 shares of the financial services provider’s stock valued at $615,000 after buying an additional 210 shares in the last quarter. Capstone Asset Management Co. lifted its stake in shares of Willis Towers Watson Public Limited by 37.0% during the 2nd quarter. Capstone Asset Management Co. now owns 10,110 shares of the financial services provider’s stock valued at $1,471,000 after buying an additional 2,730 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of Willis Towers Watson Public Limited by 3.0% during the 2nd quarter. Bank of Montreal Can now owns 304,220 shares of the financial services provider’s stock valued at $44,253,000 after buying an additional 8,818 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. lifted its stake in shares of Willis Towers Watson Public Limited by 507.0% during the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 21,033 shares of the financial services provider’s stock valued at $3,059,000 after buying an additional 17,568 shares in the last quarter. Institutional investors own 93.79% of the company’s stock.

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.

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

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