Jeffrey W. Ubben Sells 220,000 Shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) Stock

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) Director Jeffrey W. Ubben sold 220,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $148.07, for a total transaction of $32,575,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Willis Towers Watson Public Limited Company (WLTW) traded up 0.47% during mid-day trading on Friday, reaching $153.14. 1,884,757 shares of the company traded hands. Willis Towers Watson Public Limited Company has a 52-week low of $112.76 and a 52-week high of $153.80. The stock has a market capitalization of $20.56 billion, a PE ratio of 43.35 and a beta of 0.94. The stock has a 50-day moving average of $152.52 and a 200 day moving average of $142.39.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last posted its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.48 by ($0.03). The company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.95 billion. Willis Towers Watson Public Limited had a return on equity of 10.63% and a net margin of 4.75%. The business’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the prior year, the business earned $1.66 EPS. Equities research analysts expect that Willis Towers Watson Public Limited Company will post $8.43 earnings per share for the current year.

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Several institutional investors have recently added to or reduced their stakes in WLTW. BlackRock Inc. increased its position in shares of Willis Towers Watson Public Limited by 2,106.3% in the first quarter. BlackRock Inc. now owns 5,379,306 shares of the financial services provider’s stock worth $704,098,000 after acquiring an additional 5,135,491 shares in the last quarter. FIL Ltd increased its position in shares of Willis Towers Watson Public Limited by 490.5% in the second quarter. FIL Ltd now owns 3,884,662 shares of the financial services provider’s stock worth $565,063,000 after acquiring an additional 3,226,785 shares in the last quarter. Harris Associates L P increased its position in shares of Willis Towers Watson Public Limited by 27.4% in the first quarter. Harris Associates L P now owns 7,910,397 shares of the financial services provider’s stock worth $1,035,392,000 after acquiring an additional 1,701,826 shares in the last quarter. Capital Research Global Investors increased its position in shares of Willis Towers Watson Public Limited by 136.4% in the second quarter. Capital Research Global Investors now owns 2,398,314 shares of the financial services provider’s stock worth $348,859,000 after acquiring an additional 1,383,798 shares in the last quarter. Finally, Epoch Investment Partners Inc. acquired a new stake in shares of Willis Towers Watson Public Limited in the second quarter worth $167,911,000. 94.38% of the stock is owned by institutional investors.

WLTW has been the topic of a number of research reports. UBS AG reissued a “buy” rating and issued a $163.00 target price (up from $159.00) on shares of Willis Towers Watson Public Limited in a research note on Monday, June 5th. Jefferies Group LLC restated a “buy” rating and set a $165.00 price target on shares of Willis Towers Watson Public Limited in a report on Friday, June 16th. Barclays PLC raised their price target on shares of 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. Morgan Stanley restated an “overweight” rating and set a $160.00 price target (up previously from $150.00) on shares of Willis Towers Watson Public Limited in a report on Friday, July 7th. Finally, Deutsche Bank AG restated a “sell” rating and set a $121.00 price target on shares of Willis Towers Watson Public Limited in a report on Monday, July 10th. Two analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $154.50.

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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