Gene H. Wickes Sells 13,925 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW) Stock

Willis Towers Watson Public Limited (NASDAQ:WTWGet Rating) insider Gene H. Wickes sold 13,925 shares of the firm’s stock in a transaction dated Wednesday, September 7th. The stock was sold at an average price of $207.45, for a total value of $2,888,741.25. Following the transaction, the insider now owns 72,475 shares in the company, valued at approximately $15,034,938.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Willis Towers Watson Public Stock Up 1.2 %

Shares of Willis Towers Watson Public stock opened at $213.80 on Friday. The business’s 50 day simple moving average is $206.54 and its 200 day simple moving average is $214.25. Willis Towers Watson Public Limited has a 52-week low of $187.89 and a 52-week high of $249.70. The firm has a market cap of $23.51 billion, a PE ratio of 7.59, a P/E/G ratio of 0.94 and a beta of 0.77. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.57 and a current ratio of 2.57.

Willis Towers Watson Public (NASDAQ:WTWGet Rating) last announced its earnings results on Thursday, July 28th. The company reported $2.32 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.32. Willis Towers Watson Public had a return on equity of 13.06% and a net margin of 39.87%. The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same quarter last year, the firm earned $2.66 EPS. Willis Towers Watson Public’s revenue for the quarter was down 2.9% compared to the same quarter last year. On average, analysts predict that Willis Towers Watson Public Limited will post 13.6 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 17th. Shareholders of record on Friday, September 30th will be given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Thursday, September 29th. Willis Towers Watson Public’s dividend payout ratio (DPR) is 11.64%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on WTW shares. Morgan Stanley lifted their price objective on Willis Towers Watson Public from $222.00 to $242.00 and gave the company an “equal weight” rating in a report on Friday, August 19th. Jefferies Financial Group cut their price objective on Willis Towers Watson Public from $237.00 to $218.00 and set a “hold” rating on the stock in a report on Tuesday, July 12th. Finally, The Goldman Sachs Group started coverage on Willis Towers Watson Public in a report on Tuesday, July 12th. They set a “neutral” rating and a $227.00 price objective on the stock. One analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $235.00.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. JNBA Financial Advisors acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter worth approximately $178,000. Bogart Wealth LLC acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter worth approximately $30,000. DAVENPORT & Co LLC acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter worth approximately $349,000. Investors Research Corp acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter worth approximately $30,000. Finally, Ellevest Inc. acquired a new position in shares of Willis Towers Watson Public during the 2nd quarter worth approximately $55,000. Institutional investors and hedge funds own 93.25% of the company’s stock.

Willis Towers Watson Public Company Profile

(Get Rating)

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments, Health, Wealth and Career; and Risk and Broking. The company offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.

Further Reading

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

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