BidaskClub upgraded shares of Willis Towers Watson (NASDAQ:WLTW) from a hold rating to a buy rating in a research report sent to investors on Wednesday morning.

Several other equities research analysts have also issued reports on WLTW. Citigroup boosted their price target on shares of Willis Towers Watson from $175.00 to $183.00 and gave the company a buy rating in a report on Thursday, July 12th. ValuEngine lowered shares of Willis Towers Watson from a hold rating to a sell rating in a report on Friday, August 3rd. Morgan Stanley lowered their price target on shares of Willis Towers Watson from $175.00 to $171.00 and set an overweight rating on the stock in a report on Friday, August 3rd. Keefe, Bruyette & Woods reissued a buy rating and issued a $175.00 price target on shares of Willis Towers Watson in a report on Monday, August 6th. Finally, Credit Suisse Group initiated coverage on shares of Willis Towers Watson in a report on Tuesday, August 7th. They issued a neutral rating and a $166.00 price target on the stock. Three research analysts have rated the stock with a sell rating, five have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $172.85.

Willis Towers Watson stock traded down $0.42 on Wednesday, hitting $159.93. The company’s stock had a trading volume of 643,064 shares, compared to its average volume of 819,683. The firm has a market capitalization of $20.57 billion, a PE ratio of 18.79, a price-to-earnings-growth ratio of 1.36 and a beta of 0.74. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.86 and a quick ratio of 2.29. Willis Towers Watson has a one year low of $134.50 and a one year high of $164.99.

Willis Towers Watson (NASDAQ:WLTW) last announced its quarterly earnings results on Friday, November 2nd. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.11 by $0.21. The firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.88 billion. Willis Towers Watson had a net margin of 6.84% and a return on equity of 10.15%. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.12 EPS. Analysts predict that Willis Towers Watson will post 9.82 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, October 15th. Stockholders of record on Sunday, September 30th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend was Thursday, September 27th. Willis Towers Watson’s payout ratio is 28.20%.

In other news, insider Adam Garrard sold 1,830 shares of the company’s stock in a transaction dated Friday, August 31st. The shares were sold at an average price of $146.77, for a total value of $268,589.10. Following the sale, the insider now owns 13,739 shares of the company’s stock, valued at approximately $2,016,473.03. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Todd J. Jones sold 2,450 shares of the company’s stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $155.56, for a total transaction of $381,122.00. Following the transaction, the insider now owns 17,864 shares in the company, valued at approximately $2,778,923.84. The disclosure for this sale can be found here. 0.50% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Toronto Dominion Bank lifted its position in Willis Towers Watson by 0.4% during the 3rd quarter. Toronto Dominion Bank now owns 85,111 shares of the financial services provider’s stock worth $11,993,000 after buying an additional 320 shares in the last quarter. Riverhead Capital Management LLC lifted its position in Willis Towers Watson by 8.3% during the 2nd quarter. Riverhead Capital Management LLC now owns 4,555 shares of the financial services provider’s stock worth $691,000 after buying an additional 348 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in Willis Towers Watson by 8.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 4,511 shares of the financial services provider’s stock worth $684,000 after buying an additional 350 shares in the last quarter. Gamble Jones Investment Counsel lifted its position in Willis Towers Watson by 1.2% during the 2nd quarter. Gamble Jones Investment Counsel now owns 33,263 shares of the financial services provider’s stock worth $5,043,000 after buying an additional 380 shares in the last quarter. Finally, Glen Harbor Capital Management LLC lifted its position in Willis Towers Watson by 8.3% during the 2nd quarter. Glen Harbor Capital Management LLC now owns 5,096 shares of the financial services provider’s stock worth $773,000 after buying an additional 392 shares in the last quarter. Institutional investors and hedge funds own 92.89% of the company’s stock.

Willis Towers Watson Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. Its Human Capital and Benefits segment provides 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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