Insider Selling: Willis Group Holdings PLC Director Unloads 1,160 Shares of Stock (WSH)
Willis Group Holdings PLC (NYSE:WSH) Director Wendy E. Lane unloaded 1,160 shares of the stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $40.84, for a total transaction of $47,374.40. Following the completion of the sale, the director now directly owns 12,914 shares of the company’s stock, valued at approximately $527,408. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Willis Group Holdings PLC (NYSE:WSH) traded up 0.91% on Wednesday, hitting $41.25. The stock had a trading volume of 418,559 shares. Willis Group Holdings PLC has a 52-week low of $39.81 and a 52-week high of $47.22. The stock has a 50-day moving average of $42.17 and a 200-day moving average of $42.36. The company has a market cap of $7.379 billion and a price-to-earnings ratio of 22.19.
Willis Group Holdings PLC (NYSE:WSH) last announced its earnings results on Tuesday, July 29th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.10. The company had revenue of $935.00 million for the quarter, compared to the consensus estimate of $924.50 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, analysts predict that Willis Group Holdings PLC will post $2.55 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.94%. The ex-dividend date is Friday, September 26th.
A number of analysts have recently weighed in on WSH shares. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Willis Group Holdings PLC in a research note on Thursday, August 7th. They now have a $37.00 price target on the stock, down previously from $38.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Willis Group Holdings PLC in a research note on Friday, August 1st. They now have a $43.00 price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Willis Group Holdings PLC in a research note on Wednesday, July 30th. They now have a $45.00 price target on the stock, down previously from $47.00. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. Willis Group Holdings PLC presently has a consensus rating of “Hold” and a consensus target price of $45.44.
Willis Group Holdings Public Limited Company provides a range of insurance brokerage, reinsurance and risk management consulting services to its clients worldwide.
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