Nicolas Aubert Sells 16,762 Shares of Willis Towers Watson PLC (WLTW) Stock

Willis Towers Watson PLC (NASDAQ:WLTW) insider Nicolas Aubert sold 16,762 shares of the business’s stock in a transaction dated Wednesday, November 28th. The stock was sold at an average price of $160.00, for a total transaction of $2,681,920.00. Following the completion of the sale, the insider now owns 25,482 shares in the company, valued at $4,077,120. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

WLTW stock opened at $159.45 on Friday. The stock has a market cap of $20.59 billion, a P/E ratio of 18.74, a PEG ratio of 1.36 and a beta of 0.74. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.86 and a quick ratio of 1.86. Willis Towers Watson PLC has a 12 month low of $134.50 and a 12 month high of $164.99.

Willis Towers Watson (NASDAQ:WLTW) last released its quarterly earnings data on Friday, November 2nd. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.21. The company had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.88 billion. Willis Towers Watson had a net margin of 6.84% and a return on equity of 10.15%. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.12 EPS. As a group, research analysts expect that Willis Towers Watson PLC will post 9.82 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st will be given a $0.60 dividend. The ex-dividend date is Friday, December 28th. This represents a $2.40 annualized dividend and a yield of 1.51%. Willis Towers Watson’s dividend payout ratio (DPR) is 28.20%.

WLTW has been the subject of a number of recent analyst reports. BidaskClub raised shares of Willis Towers Watson from a “hold” rating to a “buy” rating in a research note on Thursday, August 9th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $175.00 price target on shares of Willis Towers Watson in a research note on Monday, August 6th. Citigroup set a $165.00 price target on shares of Willis Towers Watson and gave the stock a “buy” rating in a research note on Friday, October 12th. Morgan Stanley lifted their price target on shares of Willis Towers Watson from $171.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 14th. Finally, Zacks Investment Research raised shares of Willis Towers Watson from a “hold” rating to a “buy” rating and set a $175.00 price target for the company in a research note on Wednesday, November 21st. Three analysts have rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $173.71.

A number of institutional investors have recently added to or reduced their stakes in WLTW. Cornerstone Wealth Management LLC purchased a new stake in Willis Towers Watson in the 2nd quarter valued at about $103,000. Janney Montgomery Scott LLC boosted its position in Willis Towers Watson by 18.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 5,990 shares of the financial services provider’s stock valued at $908,000 after buying an additional 915 shares during the period. Piedmont Investment Advisors LLC purchased a new stake in Willis Towers Watson in the 2nd quarter valued at about $234,000. Dupont Capital Management Corp boosted its position in Willis Towers Watson by 74.4% in the 2nd quarter. Dupont Capital Management Corp now owns 1,444 shares of the financial services provider’s stock valued at $219,000 after buying an additional 616 shares during the period. Finally, Daiwa Securities Group Inc. boosted its position in Willis Towers Watson by 8.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 4,511 shares of the financial services provider’s stock valued at $684,000 after buying an additional 350 shares during the period. 91.78% of the stock is owned by institutional investors.

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About Willis Towers Watson

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. Its Human Capital and Benefits segment provides actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.

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