Nisa Investment Advisors LLC Has $11.28 Million Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Nisa Investment Advisors LLC increased its holdings in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 351.2% in the 4th quarter, HoldingsChannel reports. The firm owned 35,909 shares of the company’s stock after acquiring an additional 27,950 shares during the period. Nisa Investment Advisors LLC’s holdings in Willis Towers Watson Public were worth $11,280,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in WTW. Timber Creek Capital Management LLC boosted its position in shares of Willis Towers Watson Public by 11.4% during the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock worth $5,625,000 after purchasing an additional 1,957 shares in the last quarter. OneDigital Investment Advisors LLC grew its stake in Willis Towers Watson Public by 71.7% in the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock valued at $1,957,000 after acquiring an additional 2,775 shares during the period. Intech Investment Management LLC increased its holdings in shares of Willis Towers Watson Public by 28.3% during the third quarter. Intech Investment Management LLC now owns 104,414 shares of the company’s stock valued at $30,753,000 after acquiring an additional 23,001 shares in the last quarter. Atom Investors LP raised its position in shares of Willis Towers Watson Public by 64.0% during the third quarter. Atom Investors LP now owns 8,014 shares of the company’s stock worth $2,360,000 after purchasing an additional 3,126 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Willis Towers Watson Public by 24.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company’s stock worth $55,156,000 after purchasing an additional 37,340 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock opened at $319.00 on Friday. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The business’s 50 day simple moving average is $315.29 and its 200 day simple moving average is $296.89. Willis Towers Watson Public Limited has a 12 month low of $242.54 and a 12 month high of $334.99. The company has a market cap of $32.13 billion, a price-to-earnings ratio of -43.82, a PEG ratio of 1.71 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating the consensus estimate of $2.68 by $0.25. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The company’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.24 earnings per share. Sell-side analysts forecast that Willis Towers Watson Public Limited will post 16.75 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.88 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $3.52 dividend on an annualized basis and a yield of 1.10%. Willis Towers Watson Public’s dividend payout ratio is -48.35%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on WTW. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price target for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Truist Financial reaffirmed a “buy” rating and issued a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research report on Wednesday, December 4th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. Barclays raised their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Finally, UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $333.64.

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 & 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.