Willis Towers Watson Public Limited Company to Post Q2 2017 Earnings of $1.89 Per Share, William Blair Forecasts (WLTW)

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) – Equities researchers at William Blair boosted their Q2 2017 earnings per share estimates for shares of Willis Towers Watson Public Limited Company in a research note issued to investors on Thursday. William Blair analyst T. Mchugh now expects that the firm will post earnings of $1.89 per share for the quarter, up from their previous estimate of $1.71. William Blair also issued estimates for Willis Towers Watson Public Limited Company’s Q4 2017 earnings at $2.05 EPS, FY2017 earnings at $8.43 EPS, Q2 2018 earnings at $2.19 EPS, Q4 2018 earnings at $2.38 EPS and FY2018 earnings at $9.74 EPS.

Several other brokerages have also commented on WLTW. Deutsche Bank AG lowered Willis Towers Watson Public Limited Company from a “hold” rating to a “sell” rating and set a $122.00 target price on the stock. in a research report on Wednesday, October 19th. Bank of America Corporation lowered Willis Towers Watson Public Limited Company from a “buy” rating to a “neutral” rating and set a $135.00 target price on the stock. in a research report on Friday, January 27th. Zacks Investment Research upgraded Willis Towers Watson Public Limited Company from a “hold” rating to a “buy” rating and set a $141.00 target price on the stock in a research report on Wednesday, January 11th. MKM Partners restated a “buy” rating and set a $140.00 target price on shares of Willis Towers Watson Public Limited Company in a research report on Wednesday, January 25th. Finally, Credit Suisse Group upgraded Willis Towers Watson Public Limited Company from a “neutral” rating to an “outperform” rating and upped their target price for the company from $137.00 to $143.00 in a research report on Friday, January 6th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $139.70.

Earnings History and Estimates for Willis Towers Watson Public Limited Company (NASDAQ:WLTW)

“Willis Towers Watson Public Limited Company to Post Q2 2017 Earnings of $1.89 Per Share, William Blair Forecasts (WLTW)” was first posted by sleekmoney and is the sole property of of sleekmoney. If you are viewing this article on another publication, it was illegally copied and republished in violation of United States & international trademark and copyright laws. The correct version of this article can be read at http://sleekmoney.com/willis-towers-watson-public-limited-company-to-post-q2-2017-earnings-of-1-89-per-share-william-blair-forecasts-wltw/1659760.html.

Shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) opened at 125.14 on Monday. Willis Towers Watson Public Limited Company has a 12-month low of $107.01 and a 12-month high of $133.40. The firm has a market cap of $17.14 billion, a P/E ratio of 55.37 and a beta of 0.80. The firm’s 50-day moving average price is $124.97 and its 200 day moving average price is $124.73.

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) last posted its quarterly earnings data on Thursday, February 9th. The company reported $1.88 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.62 by $0.26. The firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.96 billion. Willis Towers Watson Public Limited Company had a return on equity of 10.12% and a net margin of 3.96%. The business’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.33 EPS.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 17th. Stockholders of record on Friday, March 31st will be paid a $0.53 dividend. The ex-dividend date is Wednesday, March 29th. This is an increase from Willis Towers Watson Public Limited Company’s previous quarterly dividend of $0.48. This represents a $2.12 annualized dividend and a dividend yield of 1.69%. Willis Towers Watson Public Limited Company’s dividend payout ratio is 84.21%.

In other news, insider Carl Aaron Hess sold 1,000 shares of the stock in a transaction that occurred on Monday, December 5th. The stock was sold at an average price of $120.29, for a total value of $120,290.00. Following the completion of the sale, the insider now directly owns 21,354 shares of the company’s stock, valued at $2,568,672.66. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 6.40% of the company’s stock.

“Willis Towers Watson Public Limited Company to Post Q2 2017 Earnings of $1.89 Per Share, William Blair Forecasts (WLTW)” was first posted by sleekmoney and is the sole property of of sleekmoney. If you are viewing this article on another publication, it was illegally copied and republished in violation of United States & international trademark and copyright laws. The correct version of this article can be read at http://sleekmoney.com/willis-towers-watson-public-limited-company-to-post-q2-2017-earnings-of-1-89-per-share-william-blair-forecasts-wltw/1659760.html.

Several hedge funds have recently modified their holdings of the company. Longview Partners Guernsey LTD bought a new stake in shares of Willis Towers Watson Public Limited Company during the second quarter valued at approximately $631,334,000. Artisan Partners Limited Partnership bought a new stake in shares of Willis Towers Watson Public Limited Company during the second quarter valued at approximately $327,982,000. Abrams Capital Management L.P. bought a new stake in shares of Willis Towers Watson Public Limited Company during the fourth quarter valued at approximately $144,692,000. Highline Capital Management L.P. bought a new stake in shares of Willis Towers Watson Public Limited Company during the second quarter valued at approximately $132,390,000. Finally, FMR LLC increased its stake in shares of Willis Towers Watson Public Limited Company by 181.0% in the fourth quarter. FMR LLC now owns 1,628,173 shares of the company’s stock valued at $199,093,000 after buying an additional 1,048,782 shares during the period. 88.23% of the stock is owned by hedge funds and other institutional investors.

About Willis Towers Watson Public Limited Company

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.

5 Day Chart for NASDAQ:WLTW

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/willis-towers-watson-public-limited-company-to-post-q2-2017-earnings-of-1-89-per-share-william-blair-forecasts-wltw/1659760.html

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