Willis Towers Watson PLC (NASDAQ:WLTW) Receives Average Rating of “Buy” from Analysts

Shares of Willis Towers Watson PLC (NASDAQ:WLTW) have been given an average rating of “Buy” by the sixteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $189.83.

Several research analysts recently weighed in on WLTW shares. BidaskClub downgraded shares of Willis Towers Watson from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 14th. Wells Fargo & Co restated a “hold” rating and set a $160.00 price target on shares of Willis Towers Watson in a research report on Friday, March 22nd. SunTrust Banks upped their price target on shares of Willis Towers Watson to $200.00 and gave the stock a “market perform” rating in a research report on Monday, March 25th. Barclays upped their price target on shares of Willis Towers Watson from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Monday, April 1st. Finally, Citigroup upped their price target on shares of Willis Towers Watson from $192.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd.

In related news, Director Anna C. Catalano sold 1,110 shares of the stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $180.35, for a total transaction of $200,188.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.75% of the company’s stock.



Several large investors have recently bought and sold shares of WLTW. Private Advisors LLC acquired a new stake in shares of Willis Towers Watson in the 1st quarter valued at $1,260,000. Marshall Wace North America L.P. acquired a new stake in shares of Willis Towers Watson in the 1st quarter valued at $3,988,000. Cerebellum GP LLC raised its holdings in shares of Willis Towers Watson by 39.5% in the 1st quarter. Cerebellum GP LLC now owns 1,809 shares of the financial services provider’s stock valued at $318,000 after purchasing an additional 512 shares in the last quarter. Dixon Hubard Feinour & Brown Inc. VA acquired a new stake in shares of Willis Towers Watson in the 1st quarter valued at $209,000. Finally, FMR LLC raised its holdings in shares of Willis Towers Watson by 12.3% in the 1st quarter. FMR LLC now owns 2,517,708 shares of the financial services provider’s stock valued at $442,236,000 after purchasing an additional 276,226 shares in the last quarter. 91.65% of the stock is owned by hedge funds and other institutional investors.

Shares of WLTW traded down $0.20 during mid-day trading on Wednesday, hitting $188.11. 355,986 shares of the company were exchanged, compared to its average volume of 650,186. Willis Towers Watson has a 1-year low of $134.50 and a 1-year high of $189.54. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.54. The company has a market cap of $24.15 billion, a PE ratio of 19.33, a price-to-earnings-growth ratio of 1.63 and a beta of 0.80.

Willis Towers Watson (NASDAQ:WLTW) last released its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $2.98 earnings per share for the quarter, missing the consensus estimate of $2.99 by ($0.01). Willis Towers Watson had a return on equity of 12.89% and a net margin of 8.99%. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.37 billion. During the same quarter last year, the company earned $2.71 EPS. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. As a group, sell-side analysts expect that Willis Towers Watson will post 10.76 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.38%. Willis Towers Watson’s payout ratio is currently 26.72%.

About Willis Towers Watson

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. The company's Human Capital and Benefits segment offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.

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Analyst Recommendations for Willis Towers Watson (NASDAQ:WLTW)

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