Willis Towers Watson PLC (NASDAQ:WLTW) insider Jeffrey W. Ubben sold 1,000,000 shares of Willis Towers Watson PLC stock in a transaction on Friday, May 19th. The shares were sold at an average price of $140.53, for a total transaction of $140,530,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Willis Towers Watson PLC (NASDAQ:WLTW) traded up 0.15% during mid-day trading on Friday, hitting $140.06. 1,366,001 shares of the stock were exchanged. The stock has a market cap of $18.93 billion, a PE ratio of 36.84 and a beta of 0.80. The stock’s 50 day moving average is $133.92 and its 200 day moving average is $127.46. Willis Towers Watson PLC has a 52-week low of $112.76 and a 52-week high of $146.30.

Willis Towers Watson PLC (NASDAQ:WLTW) last issued its earnings results on Thursday, May 4th. The financial services provider reported $3.71 EPS for the quarter, beating the Zacks’ consensus estimate of $3.33 by $0.38. The business had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Willis Towers Watson PLC had a net margin of 3.96% and a return on equity of 10.12%. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the business earned $3.41 earnings per share. Analysts forecast that Willis Towers Watson PLC will post $8.59 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Willis Towers Watson PLC (NASDAQ:WLTW)

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 17th. Stockholders of record on Friday, June 30th will be given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend is Wednesday, June 28th. Willis Towers Watson PLC’s dividend payout ratio (DPR) is 84.21%.

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A number of analysts have issued reports on the stock. William Blair reiterated an “outperform” rating on shares of Willis Towers Watson PLC in a report on Thursday, May 4th. Wells Fargo & Co reiterated a “sell” rating on shares of Willis Towers Watson PLC in a report on Thursday, May 4th. Zacks Investment Research upgraded shares of Willis Towers Watson PLC from a “sell” rating to a “hold” rating in a report on Monday, May 8th. Jefferies Group LLC lifted their price target on shares of Willis Towers Watson PLC from $141.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, May 10th. Finally, MKM Partners reiterated a “buy” rating and issued a $140.00 price target on shares of Willis Towers Watson PLC in a report on Wednesday, January 25th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company’s stock. Willis Towers Watson PLC has an average rating of “Hold” and a consensus price target of $142.30.

Several large investors have recently modified their holdings of the stock. Farr Miller & Washington LLC DC boosted its stake in shares of Willis Towers Watson PLC by 1.0% in the fourth quarter. Farr Miller & Washington LLC DC now owns 1,789 shares of the financial services provider’s stock worth $219,000 after buying an additional 18 shares during the period. Formidable Asset Management LLC boosted its stake in shares of Willis Towers Watson PLC by 0.3% in the fourth quarter. Formidable Asset Management LLC now owns 5,827 shares of the financial services provider’s stock worth $713,000 after buying an additional 20 shares during the period. United Capital Financial Advisers LLC boosted its stake in shares of Willis Towers Watson PLC by 1.1% in the fourth quarter. United Capital Financial Advisers LLC now owns 2,288 shares of the financial services provider’s stock worth $280,000 after buying an additional 26 shares during the period. Conning Inc. boosted its stake in shares of Willis Towers Watson PLC by 1.4% in the first quarter. Conning Inc. now owns 2,250 shares of the financial services provider’s stock worth $295,000 after buying an additional 30 shares during the period. Finally, Atria Investments LLC boosted its stake in shares of Willis Towers Watson PLC by 1.0% in the first quarter. Atria Investments LLC now owns 4,805 shares of the financial services provider’s stock worth $629,000 after buying an additional 46 shares during the period. Institutional investors and hedge funds own 88.23% of the company’s stock.

Willis Towers Watson PLC Company Profile

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.

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