Nisa Investment Advisors LLC Trims Stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Nisa Investment Advisors LLC lessened its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 78.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,689 shares of the company's stock after selling 28,220 shares during the quarter. Nisa Investment Advisors LLC's holdings in Willis Towers Watson Public were worth $2,606,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its position in Willis Towers Watson Public by 4.7% during the fourth quarter. Brighton Jones LLC now owns 1,368 shares of the company's stock worth $429,000 after buying an additional 61 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Willis Towers Watson Public by 29.7% during the fourth quarter. Jones Financial Companies Lllp now owns 520 shares of the company's stock worth $163,000 after buying an additional 119 shares in the last quarter. Proficio Capital Partners LLC lifted its position in Willis Towers Watson Public by 8.8% during the fourth quarter. Proficio Capital Partners LLC now owns 1,463 shares of the company's stock worth $458,000 after buying an additional 118 shares in the last quarter. HighTower Advisors LLC lifted its position in Willis Towers Watson Public by 1.6% during the fourth quarter. HighTower Advisors LLC now owns 11,187 shares of the company's stock worth $3,504,000 after buying an additional 175 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in Willis Towers Watson Public by 36.7% during the fourth quarter. Farther Finance Advisors LLC now owns 324 shares of the company's stock worth $102,000 after buying an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on WTW shares. Keefe, Bruyette & Woods reduced their price objective on Willis Towers Watson Public from $371.00 to $366.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. UBS Group upgraded Willis Towers Watson Public from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $344.00 to $395.00 in a research report on Tuesday, March 18th. Jefferies Financial Group cut their target price on Willis Towers Watson Public from $373.00 to $371.00 and set a "buy" rating for the company in a research note on Friday, April 11th. Barclays cut their target price on Willis Towers Watson Public from $316.00 to $305.00 and set an "underweight" rating for the company in a research note on Monday, July 7th. Finally, Wells Fargo & Company cut their target price on Willis Towers Watson Public from $387.00 to $369.00 and set an "overweight" rating for the company in a research note on Thursday, July 10th. One analyst has rated the stock with a sell rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $367.11.

Willis Towers Watson Public Trading Up 1.1%

Shares of NASDAQ WTW traded up $3.20 during trading on Wednesday, reaching $307.59. The stock had a trading volume of 794,319 shares, compared to its average volume of 615,105. Willis Towers Watson Public Limited Company has a fifty-two week low of $262.57 and a fifty-two week high of $344.14. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.89 and a current ratio of 1.89. The business's 50-day moving average price is $306.22 and its 200-day moving average price is $316.64. The company has a market cap of $30.50 billion, a P/E ratio of -615.17, a PEG ratio of 2.63 and a beta of 0.68.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its earnings results on Thursday, April 24th. The company reported $3.13 EPS for the quarter, missing the consensus estimate of $3.27 by ($0.14). Willis Towers Watson Public had a positive return on equity of 20.53% and a negative net margin of 0.54%. The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same period in the previous year, the firm earned $3.13 earnings per share. The company's revenue for the quarter was down 5.0% compared to the same quarter last year. On average, equities research analysts predict that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date was Monday, June 30th. Willis Towers Watson Public's dividend payout ratio (DPR) is -736.00%.

Insider Transactions at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,600 shares of Willis Towers Watson Public stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $315.75, for a total transaction of $505,200.00. Following the completion of the sale, the chief financial officer directly owned 11,982 shares of the company's stock, valued at $3,783,316.50. The trade was a 11.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.32% of the stock is owned by company insiders.

Willis Towers Watson Public Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.