Willis Towers Watson Public Limited Company (NASDAQ:WLTW) insider Jeffrey W. Ubben sold 106,000 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $149.05, for a total transaction of $15,799,300.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Willis Towers Watson Public Limited Company (WLTW) opened at 148.39 on Thursday. Willis Towers Watson Public Limited Company has a 1-year low of $112.76 and a 1-year high of $152.00. The stock has a market capitalization of $19.93 billion, a PE ratio of 42.00 and a beta of 0.93. The firm has a 50-day moving average of $148.10 and a 200 day moving average of $138.64.
Willis Towers Watson Public Limited (NASDAQ:WLTW) last released its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by $0.03. Willis Towers Watson Public Limited had a net margin of 4.75% and a return on equity of 10.63%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same period in the prior year, the business posted $1.66 EPS. Willis Towers Watson Public Limited’s revenue was up .2% compared to the same quarter last year. Analysts predict that Willis Towers Watson Public Limited Company will post $8.43 EPS for the current year.
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A number of large investors have recently made changes to their positions in the company. Great West Life Assurance Co. Can boosted its stake in shares of Willis Towers Watson Public Limited by 11.8% in the second quarter. Great West Life Assurance Co. Can now owns 693 shares of the financial services provider’s stock valued at $100,000 after buying an additional 73 shares during the period. Commonwealth Bank of Australia boosted its stake in shares of Willis Towers Watson Public Limited by 12.1% in the second quarter. Commonwealth Bank of Australia now owns 694 shares of the financial services provider’s stock valued at $100,000 after buying an additional 75 shares during the period. Advisor Group Inc. boosted its stake in shares of Willis Towers Watson Public Limited by 30.2% in the second quarter. Advisor Group Inc. now owns 699 shares of the financial services provider’s stock valued at $101,000 after buying an additional 162 shares during the period. Dupont Capital Management Corp acquired a new stake in shares of Willis Towers Watson Public Limited during the second quarter valued at about $106,000. Finally, Advisors Asset Management Inc. boosted its stake in shares of Willis Towers Watson Public Limited by 77.2% in the second quarter. Advisors Asset Management Inc. now owns 909 shares of the financial services provider’s stock valued at $132,000 after buying an additional 396 shares during the period. 92.48% of the stock is currently owned by institutional investors.
WLTW has been the subject of several analyst reports. Stifel Nicolaus reaffirmed a “buy” rating and issued a $166.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, July 21st. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $158.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, July 14th. Citigroup Inc. raised their price objective on shares of Willis Towers Watson Public Limited from $166.00 to $174.00 and gave the stock a “buy” rating in a report on Thursday, July 13th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $165.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, June 16th. Finally, UBS AG reaffirmed a “buy” rating and issued a $163.00 price objective (up from $159.00) on shares of Willis Towers Watson Public Limited in a report on Monday, June 5th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target 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.
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