Willis Towers Watson Public Limited Company (NASDAQ:WLTW) Insider Jeffrey W. Ubben Sells 193,000 Shares

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) insider Jeffrey W. Ubben sold 193,000 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $152.31, for a total value of $29,395,830.00. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Willis Towers Watson Public Limited Company (WLTW) traded down 0.42% on Thursday, hitting $151.77. The company’s stock had a trading volume of 62,508 shares. Willis Towers Watson Public Limited Company has a 12 month low of $112.76 and a 12 month high of $153.80. The stock has a market cap of $20.38 billion, a PE ratio of 42.96 and a beta of 0.94. The firm has a 50 day moving average of $152.36 and a 200-day moving average of $152.36.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, missing the 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 the consensus estimate of $1.95 billion. During the same quarter in the previous year, the company posted $1.66 EPS. The firm’s revenue was up .2% on a year-over-year basis. On average, analysts expect that Willis Towers Watson Public Limited Company will post $8.43 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Saturday, September 30th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.39%. Willis Towers Watson Public Limited’s dividend payout ratio is presently 76.81%.

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Several equities analysts have recently weighed in on the company. Deutsche Bank AG reiterated a “sell” rating and set a $121.00 price objective on shares of Willis Towers Watson Public Limited in a report on Monday, July 10th. Wells Fargo & Company reiterated a “sell” rating on shares of Willis Towers Watson Public Limited in a report on Thursday, August 3rd. Stifel Nicolaus reiterated a “buy” rating and set a $175.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, August 4th. Jefferies Group LLC reiterated a “buy” rating and set a $165.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, June 16th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and set a $158.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, July 14th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company’s stock. Willis Towers Watson Public Limited currently has a consensus rating of “Buy” and a consensus price target of $154.50.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Financial Architects Inc increased its position in shares of Willis Towers Watson Public Limited by 2.5% during the second quarter. Financial Architects Inc now owns 1,284 shares of the financial services provider’s stock valued at $187,000 after acquiring an additional 31 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC increased its position in shares of Willis Towers Watson Public Limited by 0.8% during the second quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 6,852 shares of the financial services provider’s stock valued at $997,000 after acquiring an additional 56 shares during the last quarter. Great West Life Assurance Co. Can increased its position in shares of Willis Towers Watson Public Limited by 11.8% during 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 acquiring an additional 73 shares during the last quarter. Commonwealth Bank of Australia increased its position in shares of Willis Towers Watson Public Limited by 12.1% during the second quarter. Commonwealth Bank of Australia now owns 694 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 75 shares during the last quarter. Finally, LS Investment Advisors LLC increased its position in shares of Willis Towers Watson Public Limited by 1.2% during the second quarter. LS Investment Advisors LLC now owns 6,432 shares of the financial services provider’s stock valued at $936,000 after acquiring an additional 79 shares during the last quarter. 94.38% of the stock is owned by institutional investors.

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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