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

Nisa Investment Advisors LLC grew its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 474.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 45,155 shares of the company's stock after buying an additional 37,290 shares during the period. Nisa Investment Advisors LLC's holdings in Willis Towers Watson Public were worth $10,891,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Schechter Investment Advisors LLC acquired a new stake in shares of Willis Towers Watson Public during the 3rd quarter valued at about $502,000. Deutsche Bank AG grew its stake in shares of Willis Towers Watson Public by 7.7% in the 3rd quarter. Deutsche Bank AG now owns 259,505 shares of the company's stock valued at $54,226,000 after purchasing an additional 18,657 shares during the period. SG Americas Securities LLC raised its holdings in shares of Willis Towers Watson Public by 1,736.9% in the 4th quarter. SG Americas Securities LLC now owns 56,465 shares of the company's stock worth $13,619,000 after buying an additional 53,391 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Willis Towers Watson Public by 1.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 9,946,805 shares of the company's stock worth $2,078,484,000 after buying an additional 98,719 shares in the last quarter. Finally, Seed Wealth Management Inc. bought a new position in shares of Willis Towers Watson Public during the 4th quarter worth approximately $204,000. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Trading Down 0.9 %

NASDAQ:WTW traded down $2.29 during trading hours on Tuesday, hitting $265.10. The stock had a trading volume of 469,397 shares, compared to its average volume of 461,566. The business's 50 day moving average is $270.84 and its 200-day moving average is $246.67. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.45 and a current ratio of 1.45. The company has a market cap of $27.17 billion, a price-to-earnings ratio of 26.69, a P/E/G ratio of 1.54 and a beta of 0.73. Willis Towers Watson Public Limited has a one year low of $195.29 and a one year high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last released its quarterly earnings data on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, beating analysts' consensus estimates of $7.05 by $0.39. The business had revenue of $2.91 billion during the quarter, compared to analysts' expectations of $2.91 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The firm's quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.33 EPS. Sell-side analysts anticipate that Willis Towers Watson Public Limited will post 16.24 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Sunday, March 31st will be paid a $0.88 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. This is a positive change from Willis Towers Watson Public's previous quarterly dividend of $0.84. Willis Towers Watson Public's payout ratio is presently 35.13%.

Wall Street Analyst Weigh In

WTW has been the subject of several recent analyst reports. Stifel Nicolaus increased their price objective on Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a "hold" rating in a research note on Wednesday, February 7th. Wells Fargo & Company upped their price objective on shares of Willis Towers Watson Public from $288.00 to $320.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 7th. Truist Financial raised their price objective on shares of Willis Towers Watson Public from $275.00 to $310.00 and gave the stock a "buy" rating in a report on Wednesday, February 7th. Roth Mkm boosted their target price on Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a "buy" rating in a report on Wednesday, February 7th. Finally, Raymond James reaffirmed an "outperform" rating and set a $315.00 price target (up from $295.00) on shares of Willis Towers Watson Public in a report on Thursday, March 28th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $288.54.

Insider Activity

In related news, CFO Andrew Jay Krasner sold 1,100 shares of the stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $272.13, for a total transaction of $299,343.00. Following the completion of the transaction, the chief financial officer now directly owns 4,170 shares in the company, valued at $1,134,782.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.83% of the company's stock.

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.