Willis Towers Watson Public Limited Company (WLTW) Given Buy Rating at Robert W. Baird

Robert W. Baird reaffirmed their buy rating on shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) in a research note issued to investors on Tuesday. The brokerage currently has a $167.00 price target on the financial services provider’s stock.

WLTW has been the subject of a number of other research reports. Deutsche Bank AG reiterated a sell rating and set a $121.00 price objective on shares of Willis Towers Watson Public Limited in a research note on Monday, July 10th. Wells Fargo & Company reiterated a sell rating on shares of Willis Towers Watson Public Limited in a research note on Thursday, August 3rd. Stifel Nicolaus reiterated a buy rating and set a $175.00 price objective on shares of Willis Towers Watson Public Limited in a research note on Friday, August 4th. Jefferies Group LLC reiterated a buy rating and set a $165.00 price objective on shares of Willis Towers Watson Public Limited in a research note on Friday, June 16th. Finally, Keefe, Bruyette & Woods reiterated a buy rating and set a $158.00 price objective on shares of Willis Towers Watson Public Limited in a research note on Friday, July 14th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of $154.50.

Willis Towers Watson Public Limited (NASDAQ WLTW) opened at 152.61 on Tuesday. The stock’s 50 day moving average price is $151.53 and its 200-day moving average price is $132.40. The firm has a market capitalization of $20.49 billion, a price-to-earnings ratio of 43.20 and a beta of 0.94. Willis Towers Watson Public Limited has a 12 month low of $112.76 and a 12 month high of $153.25.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last released its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate 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 firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the firm earned $1.66 earnings per share. The company’s revenue for the quarter was up .2% compared to the same quarter last year. Equities analysts anticipate that Willis Towers Watson Public Limited will post $8.43 EPS for the current fiscal year.

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In related news, insider Jeffrey W. Ubben sold 820,000 shares of Willis Towers Watson Public Limited stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $149.59, for a total value of $122,663,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Brendan R. Oneill sold 5,000 shares of Willis Towers Watson Public Limited stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $150.92, for a total value of $754,600.00. Following the completion of the sale, the director now directly owns 17,302 shares of the company’s stock, valued at approximately $2,611,217.84. The disclosure for this sale can be found here. Insiders sold 3,851,652 shares of company stock valued at $574,890,781 in the last ninety days. 6.70% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Financial Architects Inc grew its holdings in shares of 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 worth $187,000 after acquiring an additional 31 shares during the period. Wilbanks Smith & Thomas Asset Management LLC grew its holdings in Willis Towers Watson Public Limited by 0.8% during the second quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 6,852 shares of the financial services provider’s stock valued at $997,000 after purchasing an additional 56 shares during the period. Great West Life Assurance Co. Can grew its holdings in Willis Towers Watson Public Limited by 11.8% during 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 purchasing an additional 73 shares during the period. Commonwealth Bank of Australia grew its holdings in Willis Towers Watson Public Limited by 12.1% during the second quarter. Commonwealth Bank of Australia now owns 694 shares of the financial services provider’s stock valued at $100,000 after purchasing an additional 75 shares during the period. Finally, LS Investment Advisors LLC grew its holdings in Willis Towers Watson Public Limited by 1.2% during the second quarter. LS Investment Advisors LLC now owns 6,432 shares of the financial services provider’s stock valued at $936,000 after purchasing an additional 79 shares during the period. 94.38% of the stock is owned by institutional investors.

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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