Insider Selling: Willis Towers Watson Public Limited Company (WLTW) Director Sells $32,575,400.00 in Stock

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) Director Jeffrey W. Ubben sold 220,000 shares of the company’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $148.07, for a total value of $32,575,400.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) opened at 151.84 on Monday. The firm has a 50-day moving average price of $148.85 and a 200 day moving average price of $140.40. Willis Towers Watson Public Limited Company has a 1-year low of $112.76 and a 1-year high of $152.44. The company has a market cap of $20.39 billion, a price-to-earnings ratio of 42.98 and a beta of 0.94.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last posted its earnings results on Thursday, August 3rd. The financial services provider reported $1.45 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 for the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the prior year, the business earned $1.66 EPS. Willis Towers Watson Public Limited’s quarterly revenue was up .2% compared to the same quarter last year. On average, analysts predict that Willis Towers Watson Public Limited Company will post $8.43 EPS for the current fiscal year.

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Several institutional investors have recently bought and sold shares of the business. Capital Returns Management LLC bought a new position in shares of Willis Towers Watson Public Limited during the 2nd quarter worth approximately $15,474,000. Sentry Investment Management LLC lifted its position in shares of Willis Towers Watson Public Limited by 10.7% during the 2nd quarter. Sentry Investment Management LLC now owns 34,587 shares of the financial services provider’s stock worth $5,031,000 after buying an additional 3,353 shares in the last quarter. Toronto Dominion Bank lifted its position in shares of Willis Towers Watson Public Limited by 25.2% during the 2nd quarter. Toronto Dominion Bank now owns 43,082 shares of the financial services provider’s stock worth $6,264,000 after buying an additional 8,677 shares in the last quarter. Ameritas Investment Partners Inc. lifted its position in shares of Willis Towers Watson Public Limited by 0.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 20,820 shares of the financial services provider’s stock worth $3,027,000 after buying an additional 94 shares in the last quarter. Finally, Wilbanks Smith & Thomas Asset Management LLC lifted its position in shares of Willis Towers Watson Public Limited by 0.8% during the 2nd quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 6,852 shares of the financial services provider’s stock worth $997,000 after buying an additional 56 shares in the last quarter. 94.38% of the stock is currently owned by hedge funds and other institutional investors.

WLTW has been the topic of several analyst reports. Deutsche Bank AG reiterated a “sell” rating and set a $130.00 target price (up previously from $121.00) on shares of Willis Towers Watson Public Limited in a report on Wednesday, August 9th. Morgan Stanley reiterated an “overweight” rating and set a $160.00 target price (up previously from $150.00) on shares of Willis Towers Watson Public Limited in a report on Friday, July 7th. William Blair reiterated an “outperform” rating on shares of Willis Towers Watson Public Limited in a report on Monday, August 21st. Wells Fargo & Company reiterated a “sell” rating on shares of Willis Towers Watson Public Limited in a report on Thursday, August 3rd. Finally, Barclays PLC upped their target price on Willis Towers Watson Public Limited from $154.00 to $171.00 and gave the stock an “overweight” rating in a report on Friday, June 30th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $153.54.

About Willis Towers Watson Public Limited

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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