Willis Towers Watson Public Limited (NASDAQ:WTW – Get Rating) CFO Andrew Jay Krasner sold 1,030 shares of the firm’s stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $210.26, for a total value of $216,567.80. Following the sale, the chief financial officer now directly owns 2,178 shares in the company, valued at approximately $457,946.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Willis Towers Watson Public Stock Performance
Shares of WTW stock opened at $213.80 on Friday. The company has a market cap of $23.51 billion, a price-to-earnings ratio of 7.59, a price-to-earnings-growth ratio of 0.94 and a beta of 0.77. The company has a current ratio of 2.57, a quick ratio of 2.57 and a debt-to-equity ratio of 0.45. The stock has a 50 day simple moving average of $206.54 and a 200-day simple moving average of $214.25. Willis Towers Watson Public Limited has a 12-month low of $187.89 and a 12-month high of $249.70.
Willis Towers Watson Public (NASDAQ:WTW – Get Rating) last released its quarterly earnings results on Thursday, July 28th. The company reported $2.32 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.32. The business had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $2.07 billion. Willis Towers Watson Public had a return on equity of 13.06% and a net margin of 39.87%. The company’s revenue was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.66 EPS. On average, equities analysts forecast that Willis Towers Watson Public Limited will post 13.6 EPS for the current year.
Willis Towers Watson Public Announces Dividend
Analyst Upgrades and Downgrades
Several analysts recently commented on the company. The Goldman Sachs Group assumed coverage on Willis Towers Watson Public in a report on Tuesday, July 12th. They set a “neutral” rating and a $227.00 target price on the stock. Morgan Stanley lifted their price target on Willis Towers Watson Public from $222.00 to $242.00 and gave the stock an “equal weight” rating in a research note on Friday, August 19th. Finally, Jefferies Financial Group reduced their target price on Willis Towers Watson Public from $237.00 to $218.00 and set a “hold” rating on the stock in a research report on Tuesday, July 12th. One investment analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $235.00.
Institutional Investors Weigh In On Willis Towers Watson Public
Several hedge funds have recently made changes to their positions in the business. Heritage Wealth Advisors acquired a new stake in shares of Willis Towers Watson Public during the second quarter worth $27,000. Bogart Wealth LLC acquired a new stake in shares of Willis Towers Watson Public during the second quarter worth $30,000. Investors Research Corp purchased a new position in shares of Willis Towers Watson Public in the 2nd quarter worth $30,000. Lindbrook Capital LLC purchased a new position in shares of Willis Towers Watson Public in the 2nd quarter worth $38,000. Finally, Geneos Wealth Management Inc. purchased a new position in shares of Willis Towers Watson Public in the 2nd quarter worth $39,000. Institutional investors and hedge funds own 93.25% of the company’s stock.
About Willis Towers Watson Public
Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments, Health, Wealth and Career; and Risk and Broking. The company offers 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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