Willis Towers Watson Public Limited Company (NASDAQ:WLTW) Director Jeffrey W. Ubben sold 85,000 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $149.78, for a total transaction of $12,731,300.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Willis Towers Watson Public Limited Company (WLTW) traded down 0.28% on Wednesday, reaching $149.24. 1,526,041 shares of the company were exchanged. The firm has a 50 day moving average price of $147.19 and a 200-day moving average price of $136.10. The stock has a market capitalization of $20.18 billion, a PE ratio of 39.25 and a beta of 0.93. Willis Towers Watson Public Limited Company has a 12-month low of $112.76 and a 12-month high of $151.02.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last posted its earnings results on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.48 by $0.03. Willis Towers Watson Public Limited had a return on equity of 10.63% and a net margin of 4.75%. The firm had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the prior year, the company earned $1.66 earnings per share. The business’s revenue for the quarter was up .2% compared to the same quarter last year. On average, analysts predict that Willis Towers Watson Public Limited Company will post $8.46 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, July 17th. Shareholders of record on Friday, June 30th were paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend was Wednesday, June 28th. Willis Towers Watson Public Limited’s dividend payout ratio is presently 76.81%.

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Hedge funds have recently bought and sold shares of the company. First Manhattan Co. boosted its stake in Willis Towers Watson Public Limited by 17.3% in the first quarter. First Manhattan Co. now owns 4,084 shares of the financial services provider’s stock valued at $542,000 after buying an additional 603 shares in the last quarter. Mn Services Vermogensbeheer B.V. boosted its stake in Willis Towers Watson Public Limited by 2.8% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 3,465 shares of the financial services provider’s stock valued at $424,000 after buying an additional 94 shares in the last quarter. Nationwide Fund Advisors boosted its stake in Willis Towers Watson Public Limited by 0.4% in the first quarter. Nationwide Fund Advisors now owns 94,597 shares of the financial services provider’s stock valued at $12,382,000 after buying an additional 408 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in Willis Towers Watson Public Limited by 156.0% in the first quarter. State of Alaska Department of Revenue now owns 7,614 shares of the financial services provider’s stock valued at $996,000 after buying an additional 4,640 shares in the last quarter. Finally, Rice Hall James & Associates LLC boosted its stake in Willis Towers Watson Public Limited by 4.1% in the first quarter. Rice Hall James & Associates LLC now owns 9,894 shares of the financial services provider’s stock valued at $1,295,000 after buying an additional 393 shares in the last quarter. Institutional investors and hedge funds own 92.06% of the company’s stock.

Several brokerages have issued reports on WLTW. Deutsche Bank AG restated a “sell” rating and set a $130.00 price objective (up from $121.00) on shares of Willis Towers Watson Public Limited in a research report on Wednesday. Citigroup Inc. cut their price objective on shares of Willis Towers Watson Public Limited from $174.00 to $173.00 and set a “buy” rating for the company in a research report on Monday. Stifel Nicolaus restated a “buy” rating and set a $175.00 price objective on shares of Willis Towers Watson Public Limited in a research report on Friday, August 4th. Wells Fargo & Company restated a “sell” rating on shares of Willis Towers Watson Public Limited in a research report on Thursday, August 3rd. Finally, Zacks Investment Research raised shares of Willis Towers Watson Public Limited from a “sell” rating to a “hold” rating in a report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and twelve have assigned a buy rating to the company. Willis Towers Watson Public Limited has a consensus rating of “Buy” and a consensus target price of $152.69.

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.

Insider Buying and Selling by Quarter for Willis Towers Watson Public Limited (NASDAQ:WLTW)

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