Willis Towers Watson Public Limited (NASDAQ:WTW) Insider Sells $294,014.00 in Stock

Willis Towers Watson Public Limited (NASDAQ:WTWGet Rating) insider Julie Jarecke Gebauer sold 1,400 shares of Willis Towers Watson Public stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $210.01, for a total transaction of $294,014.00. Following the completion of the transaction, the insider now owns 92,555 shares of the company’s stock, valued at $19,437,475.55. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Willis Towers Watson Public Stock Performance

Willis Towers Watson Public stock opened at $208.81 on Friday. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $22.96 billion, a PE ratio of 7.41, a P/E/G ratio of 0.93 and a beta of 0.78. The firm has a fifty day simple moving average of $201.44 and a two-hundred day simple moving average of $217.06. Willis Towers Watson Public Limited has a twelve month low of $187.89 and a twelve month high of $249.70.

Willis Towers Watson Public (NASDAQ:WTWGet Rating) last posted its quarterly earnings results on Thursday, July 28th. The company reported $2.32 earnings per share for the quarter, hitting the consensus estimate of $2.32. The business had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.07 billion. Willis Towers Watson Public had a net margin of 39.87% and a return on equity of 13.06%. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.66 earnings per share. Research analysts expect that Willis Towers Watson Public Limited will post 13.56 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Thursday, June 30th were paid a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend was Wednesday, June 29th. Willis Towers Watson Public’s dividend payout ratio is presently 11.64%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WTW. Morgan Stanley reduced their price objective on shares of Willis Towers Watson Public from $242.00 to $222.00 and set an “equal weight” rating for the company in a research note on Monday, May 23rd. The Goldman Sachs Group began coverage on shares of Willis Towers Watson Public in a research report on Tuesday, July 12th. They set a “neutral” rating and a $227.00 price target for the company. Jefferies Financial Group reduced their price target on shares of Willis Towers Watson Public from $237.00 to $218.00 and set a “hold” rating for the company in a research report on Tuesday, July 12th. Finally, Bank of America initiated coverage on shares of Willis Towers Watson Public in a research report on Monday, April 11th. They issued an “underperform” rating for the company. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $231.00.

Institutional Trading of Willis Towers Watson Public

Several hedge funds have recently added to or reduced their stakes in WTW. Gables Capital Management Inc. bought a new position in shares of Willis Towers Watson Public during the second quarter valued at about $45,000. DAVENPORT & Co LLC bought a new position in shares of Willis Towers Watson Public during the second quarter valued at about $349,000. Brinker Capital Investments LLC bought a new position in shares of Willis Towers Watson Public during the second quarter valued at about $1,545,000. Ellevest Inc. bought a new position in shares of Willis Towers Watson Public during the second quarter valued at about $55,000. Finally, South Shore Capital Advisors bought a new position in shares of Willis Towers Watson Public during the second quarter valued at about $716,000. 91.40% of the stock is owned by institutional investors.

About Willis Towers Watson Public

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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 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.

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