|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||194.68 - 196.13|
|52 Week Range||144.13 - 200.93|
|Beta (3Y Monthly)||0.82|
|PE Ratio (TTM)||29.00|
|Earnings Date||Feb 4, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||2.60 (1.34%)|
|1y Target Est||217.56|
A political risk report by Willis Towers Watson (WLTW), a leading global advisory, broking and solutions company, found that 61% of 41 global corporations surveyed believe political risk levels increased in 2019. Fifty-eight percent of respondents in Europe and 70% in Asia Pacific cited trade sanctions as a concern for their operations, whereas for Russia and The Commonwealth of Independent States, the figure was 77%. A trade war involving China, the threat of Brexit and sanctions against Russia, Iran and Venezuela were reported as concerns by respondents.
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
Ken Griffin built his impressive reputation as an investor early in life, founding Citadel Advisors when he was just 22, with $4.6 million in seed money. By 2003, when became the youngest self-made millionaire on the Forbes 400 list, his hedge fund controlled well over $1 billion in investment capital. Today, Griffin’s Chicago-based fund holds $212 billion in equity assets under management.In the third-quarter, Citadel made 9-digit purchases in three particularly interesting stocks. All three are rated Strong Buys in the TipRanks database, and all three show unique combinations of strengths and weaknesses. We’ve pulled up the data on each, to find out what drew them to Griffin’s attention.Baker Hughes Company (BKR)America’s oil and gas industry has generated a slew of headlines and rightly so, for the increased oil and gas drilling – across the continent – pushed the US into the top spot among global oil producers six years ago. Drilling, however, is only one of many oil-related industries that has benefited. A whole service sector has evolved to support oil and gas operations, and Baker Hughes in a major player in it.BKR provides the products and services that drilling companies need to complete their operations, from evaluating geological formations to completing the wells. The company deals in tools, machinery, and IoT technology for one of the country’s most important economic sectors. The scale of Baker Hughes’ operations is clear from the company’s sales numbers – in fiscal 2018, BKR brought in over $22.8 billion in revenues.Between July 2017 and September 2019, BKR was affiliated with General Electric in a merger. Earlier this year, however, GE had divested itself of the controlling interest in BKR, and Baker Hughes was an independent company again before the end of September.And now we get to the interesting point: In Q3, ending on September 30, Citadel bought just over 13 million shares of BKR stock. It’s not a controlling interest, but the holding is worth $293.9 million at today’s share prices.Wall Street’s analysts have also been showing the stock some love. Deutsche Bank analyst Chris Snyder initiated coverage on BKR, writing, “Given our expectation of soft, range-bound commodity prices through at least 1H'20, we are drawn to BKR’s business lines which feature long-cycle businesses (LNG), more stable and diversified end-markets, strong international exposure and a service portfolio focused on technology and levered to production services… We forecast BKR will grow EPS at a 40% CAGR over the next two years, an impressive feat given the challenging backdrop.”Snyder set a "buy" rating on BKR stock along with a $32 price target, suggesting room for 44% upside from the current share price. (To watch Snyder's track record, click here)Also bullish is Cowen analyst Marc Bianchi, who took care to point out the recent C3.ai partnership. He wrote, “[We are] impressed with the C3 business and think BKR could be the first OFS company to take a meaningful bite out of the ~$39B TAM for Oil and Gas IoT… We continue to rate the stock among our top picks in OFS.” Bianchi gives BKR a $30 price target, implying an upside of 35%. (To watch Bianchi's track record, click here)BKR get a unanimous vote from Wall Street’s financial experts, with 9 Buy reviews on record. Shares are selling for $22.61, and the average price target of $29.38 indicates a 32% upside potential. It also doesn't hurt that the company provide a healthy 3.18% dividend yield -- more than 50% higher than the S&P average. (See Baker Hughes stock analysis on TipRanks)Exelon Corporation (EXC)Exelon is a major producer in the US electricity and natural gas sectors, with six utilities delivering power to 10 million customers across 5 states and the District of Columbia. The company puts more than 32,000 megawatts on the grid, and its combination of nuclear, gas, wind, and solar generation capability makes it one of the cleanest power providers in the US.All of that sounds like a commercial, but well-planned marketing attracts both customer and investors, and Exelon leverages its marketing to good effect. Unfortunately, the company also practices an older form of political lobbying, and has been implicated in the state of Illinois in connection with “communications” directed at a State Senator from Chicago. A second probe, at the Federal level, has been opened by the SEC, and may expand the investigation of the company’s lobbying to other states. Exelon CEO Chris Cane declined to answer questions on the matter, saying only that the company is cooperating with investigators.To the company’s credit, earnings are steady and positive, showing again the value of providing an essential commodity. In the Q3 report, EXC showed 92 cents EPS, beating the forecast by 4.5% and exceeding the 80 to 90 cent guidance range. The positive earnings came despite a drop in revenues, which at $8.9 billion were down the $9.04 year-ago figure.During the third-quarter, Griffin’s Citadel saw fit to boost its holding in the stock by 61%. The fund bought 1,599,064 shares of EXC, worth $70 million at current prices. The purchase brings Citadel’s stake in the company to 4,259,392 shares, valued over $187 million. This is $18 million lower than the disclosed purchase price, but Citadel stands in a good position to recoup that loss. Exelon pays a 3.3% dividend, and the stock is expected to show strong gains in the next 12 months.Despite describing the stock as “remaining in the penalty box” due to the investigations, 4-star Well Fargo analyst Neil Kalton remains bullish on the stock, reiterating a "buy" rating and $54 price target. He writes, “Our Outperform rating reflects our belief that shares do not adequately reflect the value of the nuclear fleet given potential policy support.” His price target implies a 22% upside. (To watch Kalton's track record, click here)Steve Fleishman, from Wolfe Research, gives some additional detail in his note on EXC: “The utility offers attractive 6-8% EPS growth that can be funded internally with help from strong cash flows at the merchant business. EXC’s integrated generation-retail model has provided stability and strong cash flows for debt reduction and utility growth funding… we see value from either expanded credits or portfolio rationalization. EXC is growing the dividend 5%/yr.” Fleishman’s $55 target suggests potential growth of 25%. (To watch Fleishman's track record, click here)These opinions form the bullish end of the continuum on EXC, but the stock does hold a Strong Buy consensus rating. While the analysts are not unanimous, they give Exelon 7 Buys against just 2 Holds. The average price target of $51.56 indicates that there is room for 17% upside to the current trading price of $44.01. (See Exelon stock analysis on TipRanks)Willis Towers Watson (WLTW)The third stock we’re looking at here is a big name in the insurance industry. Willis Towers Watson is the world’s third largest insurance broker, and offers services in multinational risk management. The company was previously known as Willis Group; in 2016, it conducted a merger of equals with Virginia-based Towers Watson to form the current corporate iteration. After the merger was compete, Willis Group shareholders owned 50.1% of the combined entity.Insurance is a lucrative industry and WLTW’s earnings reflect that. The company beat the forecasts for both revenues and EPS in Q3. Quarterly revenue came in at $1.99 billion, $130 million higher than the year-ago quarter, and earnings were reported at $1.31, just above the $1.30 estimate. While the beats were only modestly higher than the estimates, they were solid. In addition to the steady earnings, the company also paid out its 65-cent quarterly dividend. While not spectacular, the dividend has been increased steadily over the past 3 years, and is easily sustainable at current EPS levels.So, Willis Towers Watson has gigantism on its side, giving it an inertia that makes current growth rates likely to continue. This is the background to Citadel’s 1,437,846 share purchase of WLTW in the third quarter. The purchase brought the firm’s total holding to more than 1.439 million shares, worth more than $280 million. This is almost $3 million more than Citadel’s declared purchase price, so this move by Griffin is already profitable.Jay Gelb, 5-star analyst from Barclays, sees WLTW as a good buy. He puts a $235 price target on the stock, writing as his justification, “We view WLTW as a strategically favorable combination that shifts Willis from being a pure-play global insurance broker to adding core capabilities in consulting, employee benefits and private health insurance exchange.” His target suggests a 20% upside to the stock.Assessing WLTW for Jefferies is 4-star analyst David Styblo, who writes as his bottom line, “WLTW is delivering on its commitment to produce more consistent results. The +6% marks the fifth consecutive quarter of 5-6%. Operating margins also expanded 120bps and are up 150bps YTD, recognizing ASC 606 has driven about half the expansion. The solid performance is broad-based, again another marker of consistency. Management continues to expect at least 15% FCF over the next 3 years…” Styblo gives Willis a $234 price target, in line with Gelb’s stock price forecast.Like Baker Hughes above, WLTW has a unanimous consensus rating – 6 analysts have given this stock an up-check in recent weeks. Shares are not cheap, at $195.43, but the $223 average price target suggests a 14% upside for investors. (See WLTW stock analysis on TipRanks)
ARLINGTON, Va., Nov. 25, 2019 -- Employer-sponsored health care benefit cost increases are expected to vary widely around the globe in 2020, according to a survey of medical.
Banking on top-line improvement, organic growth and strong liquidity, Willis Towers (WLTW) holds great potential to garner heavy returns for investors.
The Asset Owner 100 (AO100) — the world’s 100 biggest asset owners — account for $19 trillion, up 1.7% from last year, according to research from the Thinking Ahead Institute. In its second study of the AO100, the Thinking Ahead Institute highlights the unique position universal owners have to direct capital in a sustainable way, making a significantly positive impact on issues, including climate change. “The major investment markets failed to make progress in 2018 around their equity and bond returns, but these funds, in many cases, were able to avoid losing ground against their longer-term targets by sensible diversification — in particular, into private markets,” said Roger Urwin, global head of content at the Thinking Ahead Institute.
North American commercial insurance buyers will face sizable price increases in 2020, across most lines of insurance, according to Willis Towers Watson’s (WLTW) 2020 Insurance Marketplace Realities. While Willis Towers Watson reports that capacity is available in all but the most challenged lines, underwriters are showing unprecedented discipline in its deployment, especially for risks they find perilous. Overall, with buyers sitting squarely in a seller’s market, 19 lines are expected to see price increases according to the report, with property, umbrella, and public company directors and officers (D&O) experiencing the most widespread hikes (20% and higher) and capacity withdrawals.
Willis Towers Watson (WLTW), a leading global advisory, broking, and solutions company, has announced the appointment of Andrzej Danyluk as Head of International Property, London. Danyluk will be responsible for growing the international property portfolio placed in the London insurance market on behalf of Willis Towers Watson offices worldwide.
We'd be surprised if Willis Towers Watson Public Limited Company (NASDAQ:WLTW) shareholders haven't noticed that an...
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
A new study by Willis Towers Watson, supported by advanced analytics, reveals for the first time a compelling and predictive link between employee experience (EX) and employer’s superior financial performance. The analysis is underpinned by a deep data source of employee feedback, including a survey of over 500 companies, close to 50 years of research and a total database approaching 250 million employees. The study found companies demonstrating a strong EX consistently beat their sector on average by a clear margin of 2 to 4 percentage points (pp) across key performance metrics, including return on assets and equity, one-year change in profitability, and three-year changes in revenue and profitability.
The value of non-life capacity issued and outstanding at the end of the third quarter was at a near-record high of $27.3 billion, exceeded only by the year-end figure of $27.8 billion for 2018, according to the new ILS Market Update from Willis Re Securities, part of Willis Re, the reinsurance division of Willis Towers Watson, the leading global advisory, broking and solutions company (WLTW). The ILS sector has reached a dynamic equilibrium and is well positioned for growth.
Willis Towers Watson (WLTW) delivered earnings and revenue surprises of 0.77% and 0.33%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Total revenue1 increased 7% to $1.99 billion, with constant currency growth of 9% and organic growth of 6%Income from Operations was $107 million or 5.4% of revenue, up 450.
Investing.com - Willis Towers Watson reported third quarter earnings that matched analysts' expectations on Thursday and revenue that topped forecasts.
ARLINGTON, Va., Oct. 30, 2019 -- Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, has launched three new cyber insurance policies.
Willis Towers Watson (WLTW), a leading global advisory, broking and solutions company, today launched the Safe Resident Moving and Positioning Program, that provides guidance for nurses and caregivers working in senior living communities – with an emphasis on moving and positioning their residents. The program includes methods for determining the amount and type of assistance a resident may need and what type of equipment, if any, is recommended. The program is designed to improve the overall safety culture of an organization and help senior living operators focus on injury prevention when assisting residents.
Assets managed in environmental, social and governance (ESG) mandates by the 500 largest asset managers in the world rose by 23.3% in 2018, in contrast to their overall assets under management (AuM), which were down 3% from the previous year, according to the latest Global 500 research from the Thinking Ahead Institute. Assets managed according to ESG principles also increased over the year, by 17.8%. Sustainability and the importance of culture in the effective practice of investment organizations were key areas of interest in 2018.
Willis Towers Watson (WLTW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Total new worldwide funding commitments to the InsurTech sector in 2019 have already surpassed the 2018 full-year total, and during the third quarter exceeded $1.2 billion for the fifth consecutive quarter-year period, according to the new Quarterly InsurTech Briefing from Willis Towers Watson, a leading global advisory, broking and solutions company (WLTW). 83 deals with a total value of $1.50 billion were announced in Q3, 2019, up 6% over the previous three months to reach the third-highest quarter for global InsurTech investment to date. Deal numbers were up 20%, and marked the first quarter since Q2, 2018 when investments in B2B InsurTechs outnumbered investments in distribution-focused ventures.