Willis Towers Watson Public (WTW) Projected to Post Quarterly Earnings on Thursday

Willis Towers Watson Public (NASDAQ:WTW) is anticipated to announce its earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $3.27 per share and revenue of $2.29 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same period last year, the business posted $7.44 EPS. The company’s revenue was up 4.2% on a year-over-year basis. On average, analysts expect Willis Towers Watson Public to post $17 EPS for the current fiscal year and $20 EPS for the next fiscal year.

Willis Towers Watson Public Stock Down 0.7 %

Shares of NASDAQ:WTW opened at $324.73 on Thursday. The company has a 50 day moving average of $327.08 and a two-hundred day moving average of $316.25. Willis Towers Watson Public has a 52-week low of $245.04 and a 52-week high of $344.14. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $32.37 billion, a price-to-earnings ratio of -324.73, a price-to-earnings-growth ratio of 2.95 and a beta of 0.68.

Willis Towers Watson Public Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a $0.92 dividend. The ex-dividend date was Monday, March 31st. This represents a $3.68 dividend on an annualized basis and a yield of 1.13%. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s payout ratio is currently -368.00%.

Wall Street Analysts Forecast Growth

WTW has been the topic of several recent analyst reports. Jefferies Financial Group cut their price target on Willis Towers Watson Public from $373.00 to $371.00 and set a “buy” rating on the stock in a research note on Friday, April 11th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their target price for the company from $357.00 to $373.00 in a research report on Wednesday, January 8th. Barclays raised their price target on shares of Willis Towers Watson Public from $302.00 to $316.00 and gave the stock an “underweight” rating in a research report on Friday, April 11th. UBS Group raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and upped their price target for the company from $344.00 to $395.00 in a report on Tuesday, March 18th. Finally, Wells Fargo & Company dropped their target price on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $346.38.

Insider Activity

In related news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the sale, the insider now directly owns 74,417 shares in the company, valued at $24,986,996.09. The trade was a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On Willis Towers Watson Public

An institutional investor recently raised its position in Willis Towers Watson Public stock. Brighton Jones LLC increased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,368 shares of the company’s stock after purchasing an additional 61 shares during the period. Brighton Jones LLC’s holdings in Willis Towers Watson Public were worth $429,000 at the end of the most recent quarter. Institutional investors own 93.09% of the company’s stock.

About Willis Towers Watson Public

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.