Proficio Capital Partners LLC Boosts Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Proficio Capital Partners LLC lifted its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 8.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,463 shares of the company’s stock after buying an additional 118 shares during the quarter. Proficio Capital Partners LLC’s holdings in Willis Towers Watson Public were worth $458,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of WTW. Y.D. More Investments Ltd lifted its stake in Willis Towers Watson Public by 121.1% in the 4th quarter. Y.D. More Investments Ltd now owns 126 shares of the company’s stock worth $39,000 after purchasing an additional 69 shares in the last quarter. Versant Capital Management Inc raised its position in shares of Willis Towers Watson Public by 95.5% in the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after buying an additional 85 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of Willis Towers Watson Public in the fourth quarter worth $72,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Willis Towers Watson Public during the fourth quarter valued at $76,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in Willis Towers Watson Public by 12.7% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 337 shares of the company’s stock worth $106,000 after buying an additional 38 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Stock Up 1.4 %

Shares of NASDAQ:WTW opened at $337.22 on Tuesday. Willis Towers Watson Public Limited has a 12-month low of $245.04 and a 12-month high of $344.14. The company has a current ratio of 1.98, a quick ratio of 1.72 and a debt-to-equity ratio of 0.66. The stock’s 50-day moving average price is $326.63 and its 200-day moving average price is $312.33. The stock has a market capitalization of $33.62 billion, a P/E ratio of -337.22, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.01 by $0.12. Willis Towers Watson Public had a positive return on equity of 20.02% and a negative net margin of 0.99%. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period last year, the company earned $7.44 EPS. Willis Towers Watson Public’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, equities analysts anticipate that Willis Towers Watson Public Limited will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.92 per share. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.88. This represents a $3.68 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Monday, March 31st. Willis Towers Watson Public’s dividend payout ratio is currently -368.00%.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Julie Jarecke Gebauer sold 3,384 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the completion of the transaction, the insider now owns 74,417 shares of the company’s stock, valued at $24,986,996.09. This represents a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.22% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

WTW has been the topic of several recent analyst reports. Wells Fargo & Company lowered their price target on Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and raised their target price for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Keefe, Bruyette & Woods boosted their price target on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a research note on Friday, January 10th. UBS Group raised shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and increased their price target for the stock from $344.00 to $395.00 in a report on Tuesday, March 18th. Finally, Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $346.15.

Willis Towers Watson Public Company 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.