Insider Selling: Todd J. Jones Unloads 10,000 Shares of Willis Group Holdings PLC Stock (WSH)
Willis Group Holdings PLC (NYSE:WSH) CEO Todd J. Jones sold 10,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $42.02, for a total value of $420,200.00. Following the completion of the transaction, the chief executive officer now directly owns 21,942 shares of the company’s stock, valued at approximately $922,003. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Willis Group Holdings PLC (NYSE:WSH) traded down 0.19% on Monday, hitting $42.19. 570,548 shares of the company’s stock traded hands. Willis Group Holdings PLC has a one year low of $36.60 and a one year high of $47.22. The stock has a 50-day moving average of $43.20 and a 200-day moving average of $43.73. The company has a market cap of $7.546 billion and a P/E ratio of 20.72.
Willis Group Holdings PLC (NYSE:WSH) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.07. The company had revenue of $919.00 million for the quarter, compared to the consensus estimate of $910.51 million. During the same quarter in the previous year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. Analysts expect that Willis Group Holdings PLC will post $2.82 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.84%. The ex-dividend date is Thursday, March 27th.
A number of research firms have recently commented on WSH. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Willis Group Holdings PLC in a research note on Tuesday, February 18th. They now have a $42.00 price target on the stock. Separately, analysts at TheStreet upgraded shares of Willis Group Holdings PLC from a “hold” rating to a “buy” rating in a research note on Thursday, February 13th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Willis Group Holdings PLC in a research note on Wednesday, February 12th. They now have a $46.00 price target on the stock. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $46.14.
Willis Group Holdings Public Limited Company provides a range of insurance brokerage, reinsurance and risk management consulting services to its clients worldwide.