SunTrust Robinson Upgrades Brown & Brown (BRO); Willis Towers Watson Public Limited (WLTW) Shorts Raised By 2.82%

December 6, 2017 - By Peter Erickson

Among 14 analysts covering Brown & Brown (NYSE:BRO), 1 have Buy rating, 3 Sell and 10 Hold. Therefore 7% are positive. Brown & Brown has $52.0 highest and $28 lowest target. $42.40’s average target is -18.70% below currents $52.15 stock price. Brown & Brown had 42 analyst reports since August 24, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Wells Fargo on Wednesday, October 14. The firm earned “Underweight” rating on Wednesday, January 27 by Morgan Stanley. Barclays Capital downgraded it to “Underweight” rating and $28 target in Thursday, January 7 report. Keefe Bruyette & Woods maintained Brown & Brown, Inc. (NYSE:BRO) rating on Friday, October 6. Keefe Bruyette & Woods has “Hold” rating and $43.0 target. The firm has “Hold” rating given on Friday, October 13 by SunTrust. The rating was maintained by RBC Capital Markets with “Hold” on Monday, August 21. The stock of Brown & Brown, Inc. (NYSE:BRO) has “Hold” rating given on Monday, June 12 by RBC Capital Markets. The stock of Brown & Brown, Inc. (NYSE:BRO) earned “Hold” rating by Deutsche Bank on Monday, October 24. The rating was initiated by JP Morgan on Tuesday, June 28 with “Underweight”. SunTrust downgraded Brown & Brown, Inc. (NYSE:BRO) on Thursday, January 7 to “Neutral” rating.

Willis Towers Watson Public Limited (NASDAQ:WLTW) had an increase of 2.82% in short interest. WLTW’s SI was 2.29M shares in December as released by FINRA. Its up 2.82% from 2.23M shares previously. With 632,900 avg volume, 4 days are for Willis Towers Watson Public Limited (NASDAQ:WLTW)’s short sellers to cover WLTW’s short positions. The SI to Willis Towers Watson Public Limited’s float is 1.81%. The stock increased 0.24% or $0.38 during the last trading session, reaching $157.7. About 62,227 shares traded. Willis Towers Watson Public Limited Company (NASDAQ:WLTW) has risen 11.94% since December 6, 2016 and is uptrending. It has underperformed by 4.76% the S&P500.

Investors sentiment decreased to 1.29 in 2017 Q2. Its down 0.06, from 1.35 in 2017Q1. It fall, as 15 investors sold Brown & Brown, Inc. shares while 80 reduced holdings. 34 funds opened positions while 89 raised stakes. 100.23 million shares or 0.54% more from 99.69 million shares in 2017Q1 were reported. 15,485 were accumulated by Paloma Partners Management Comm. Quantitative Systematic Strategies Limited Liability Corporation stated it has 0.22% of its portfolio in Brown & Brown, Inc. (NYSE:BRO). Utah Retirement stated it has 21,492 shares or 0.02% of all its holdings. Blackrock reported 9.70M shares. Advantus Mgmt Incorporated owns 14,520 shares. 467,704 are held by Schwab Charles Invest Mngmt. Jane Street Grp Ltd invested in 10,874 shares or 0% of the stock. Arrowstreet Capital Lp invested 0.21% in Brown & Brown, Inc. (NYSE:BRO). Diamond Hill Cap Mngmt holds 0.45% or 1.92 million shares in its portfolio. Shelton Mngmt holds 8,689 shares or 0.03% of its portfolio. Balyasny Asset accumulated 0.15% or 851,941 shares. Glenmede Tru Na accumulated 400 shares or 0% of the stock. Mason Street Advsr Ltd Liability Company holds 56,187 shares or 0.06% of its portfolio. Creative Planning holds 0% of its portfolio in Brown & Brown, Inc. (NYSE:BRO) for 935 shares. 1,780 were reported by Smithfield.

Analysts await Brown & Brown, Inc. (NYSE:BRO) to report earnings on January, 22. They expect $0.42 EPS, 0.00% or $0.00 from last year’s $0.42 per share. BRO’s profit will be $58.55M for 31.04 P/E if the $0.42 EPS becomes a reality. After $0.53 actual EPS reported by Brown & Brown, Inc. for the previous quarter, Wall Street now forecasts -20.75% negative EPS growth.

Brown & Brown, Inc. markets and sells insurance services and products primarily in the United States, as well as in England, Bermuda, and the Cayman Islands. The company has market cap of $7.27 billion. The Company’s Retail segment provides property insurance relating to physical damage to property and resultant interruption of business, or extra expense caused by fire, windstorm, or other perils; casualty insurance; fidelity and surety bonds; and life, accident, disability, health, hospitalization, medical, dental, and other ancillary insurance products, as well as risk management and loss control surveys and analysis, consultation, and claims processing services. It has a 27.43 P/E ratio. The companyÂ’s National Programs segment offers professional liability and related package insurance products for professional groups comprising dentists, oral surgeons, hygienists, lawyers, certified public accountants, optometrists, opticians, ophthalmologists, insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate brokers, real estate title agents, and escrow agents, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities.

The stock increased 2.36% or $1.2 during the last trading session, reaching $52.15. About 187,928 shares traded. Brown & Brown, Inc. (NYSE:BRO) has risen 19.69% since December 6, 2016 and is uptrending. It has outperformed by 2.99% the S&P500.

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions firm worldwide. The company has market cap of $20.82 billion. The Company’s 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 for health and group benefit programs; and benefits outsourcing services. It has a 44.64 P/E ratio. This segment also offers advice, data, software, and products to address clientsÂ’ total rewards and talent issues in the areas of executive compensation; rewards, talent, and communication; and data, surveys, and technology.

Among 3 analysts covering Willis Towers Watson (NASDAQ:WLTW), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Willis Towers Watson had 4 analyst reports since January 7, 2016 according to SRatingsIntel. The rating was downgraded by Bank of America to “Neutral” on Friday, January 27. On Thursday, January 7 the stock rating was initiated by JP Morgan with “Underweight”. Credit Suisse upgraded the stock to “Outperform” rating in Friday, January 6 report.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: