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Willis Group Holdings PLC (NYSE:WSH) CEO Todd J. Jones unloaded 59,588 shares of the company’s stock on the open market in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $41.03, for a total value of $2,444,895.64. Following the sale, the chief executive officer now directly owns 11,460 shares of the company’s stock, valued at approximately $470,204. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

WSH has been the subject of a number of recent research reports. 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 analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $45.44.

Willis Group Holdings PLC (NYSE:WSH) traded down 0.24% during mid-day trading on Friday, hitting $41.26. The stock had a trading volume of 295,292 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 $41.99 and a 200-day moving average of $42.34. The company has a market cap of $7.381 billion and a price-to-earnings ratio of 22.45.

Willis Group Holdings PLC (NYSE:WSH) last posted its quarterly 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. Analysts expect that Willis Group Holdings PLC will post $2.55 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 15th. Shareholders 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 2.90%. The ex-dividend date is Friday, September 26th.

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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