Willis Towers Watson Public Limited Company (NASDAQ:WLTW) announced its earnings results on Thursday. The financial services provider reported $1.12 earnings per share for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.01), Bloomberg Earnings reports. The company had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Willis Towers Watson Public Limited had a net margin of 4.43% and a return on equity of 10.93%. Willis Towers Watson Public Limited’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.04 earnings per share. Willis Towers Watson Public Limited updated its FY17 guidance to $8.36-8.51 EPS.

Shares of Willis Towers Watson Public Limited (WLTW) traded down $1.23 during trading on Friday, reaching $159.68. 362,182 shares of the company traded hands, compared to its average volume of 689,964. The company has a market capitalization of $21,198.84, a P/E ratio of 19.30 and a beta of 0.91.

The company also recently announced a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Saturday, September 30th were issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend was Thursday, September 28th. Willis Towers Watson Public Limited’s dividend payout ratio is currently 81.85%.

TRADEMARK VIOLATION WARNING: This story was first posted by Watch List News and is the sole property of of Watch List News. If you are reading this story on another site, it was stolen and reposted in violation of United States and international trademark & copyright law. The original version of this story can be viewed at https://www.watchlistnews.com/willis-towers-watson-public-limited-company-wltw-issues-earnings-results/1676264.html.

A number of equities research analysts have weighed in on the stock. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $158.00 target price on shares of Willis Towers Watson Public Limited in a research note on Friday, July 14th. Wells Fargo & Company reiterated a “sell” rating and set a $124.00 target price on shares of Willis Towers Watson Public Limited in a research note on Thursday. Zacks Investment Research lowered Willis Towers Watson Public Limited from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Citigroup Inc. upped their price objective on Willis Towers Watson Public Limited from $166.00 to $174.00 and gave the stock a “buy” rating in a research note on Thursday, July 13th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $166.00 price objective on shares of Willis Towers Watson Public Limited in a research note on Friday, July 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $155.80.

In related news, CFO Roger F. Millay sold 20,000 shares of the company’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $149.58, for a total value of $2,991,600.00. Following the completion of the transaction, the chief financial officer now owns 14,059 shares of the company’s stock, valued at approximately $2,102,945.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jeffrey W. Ubben sold 206,000 shares of the company’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $148.02, for a total transaction of $30,492,120.00. The disclosure for this sale can be found here. Insiders sold a total of 4,845,295 shares of company stock valued at $728,949,063 in the last ninety days. 6.70% of the stock is currently owned by insiders.

Willis Towers Watson Public Limited Company Profile

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.

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

Receive News & Ratings for Willis Towers Watson Public Limited Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Towers Watson Public Limited Company and related companies with Analyst Ratings Network's FREE daily email newsletter.