Jeffrey W. Ubben Sells 320,000 Shares of Willis Towers Watson Public Limited Company (WLTW) Stock

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) Director Jeffrey W. Ubben sold 320,000 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $161.15, for a total value of $51,568,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Willis Towers Watson Public Limited Company (NASDAQ WLTW) opened at $162.03 on Wednesday. Willis Towers Watson Public Limited Company has a twelve month low of $119.70 and a twelve month high of $165.00. The company has a market capitalization of $21,333.51, a PE ratio of 19.80, a P/E/G ratio of 1.93 and a beta of 0.91. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.45.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last announced its earnings results on Thursday, November 2nd. The financial services provider reported $1.12 EPS for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.01). Willis Towers Watson Public Limited had a net margin of 4.43% and a return on equity of 10.93%. The firm had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same quarter last year, the business earned $1.04 earnings per share. The business’s revenue was up 4.0% compared to the same quarter last year. equities analysts anticipate that Willis Towers Watson Public Limited Company will post 8.41 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Saturday, September 30th were issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend was Thursday, September 28th. Willis Towers Watson Public Limited’s dividend payout ratio (DPR) is 81.85%.

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Several brokerages have issued reports on WLTW. BidaskClub upgraded Willis Towers Watson Public Limited from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Deutsche Bank AG reiterated a “sell” rating and set a $130.00 price target (up from $121.00) on shares of Willis Towers Watson Public Limited in a report on Wednesday, August 9th. Citigroup Inc. lowered their price target on Willis Towers Watson Public Limited from $174.00 to $173.00 and set a “buy” rating for the company in a report on Monday, August 7th. ValuEngine upgraded Willis Towers Watson Public Limited from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. Finally, Wells Fargo & Company upgraded Willis Towers Watson Public Limited from an “underperform” rating to a “market perform” rating in a report on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and sixteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $155.80.

A number of hedge funds have recently bought and sold shares of WLTW. Teachers Advisors LLC raised its position in Willis Towers Watson Public Limited by 3.0% in the 1st quarter. Teachers Advisors LLC now owns 25,825 shares of the financial services provider’s stock valued at $3,380,000 after purchasing an additional 745 shares in the last quarter. Thrivent Financial For Lutherans raised its position in Willis Towers Watson Public Limited by 4.7% in the 1st quarter. Thrivent Financial For Lutherans now owns 4,697 shares of the financial services provider’s stock valued at $615,000 after purchasing an additional 210 shares in the last quarter. Capstone Asset Management Co. raised its position in Willis Towers Watson Public Limited by 37.0% in the 2nd quarter. Capstone Asset Management Co. now owns 10,110 shares of the financial services provider’s stock valued at $1,471,000 after purchasing an additional 2,730 shares in the last quarter. Mn Services Vermogensbeheer B.V. raised its position in Willis Towers Watson Public Limited by 507.0% in the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 21,033 shares of the financial services provider’s stock valued at $3,059,000 after purchasing an additional 17,568 shares in the last quarter. Finally, LS Investment Advisors LLC raised its position in Willis Towers Watson Public Limited by 1.2% in the 2nd quarter. LS Investment Advisors LLC now owns 6,432 shares of the financial services provider’s stock valued at $936,000 after purchasing an additional 79 shares in the last quarter. 95.66% of the stock is currently 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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