Were Analysts Bullish Watts Water Technologies Inc (NYSE:WTS) This Week?

October 13, 2017 - By reb123z

 Were Analysts Bullish Watts Water Technologies Inc (NYSE:WTS) This Week?
Investors sentiment increased to 1.67 in 2017 Q2. Its up 0.69, from 0.98 in 2017Q1. It improved, as 8 investors sold Watts Water Technologies Inc shares while 52 reduced holdings. 31 funds opened positions while 69 raised stakes. 25.80 million shares or 0.30% less from 25.87 million shares in 2017Q1 were reported.
Moreover, Menta Cap Ltd Liability Corporation has 0.09% invested in Watts Water Technologies Inc (NYSE:WTS). Guggenheim Cap Ltd Liability Corp has invested 0.02% of its portfolio in Watts Water Technologies Inc (NYSE:WTS). Thrivent For Lutherans reported 16,840 shares stake. Schwab Charles Management Inc stated it has 177,495 shares or 0.01% of all its holdings. Moreover, Northwestern Mutual Wealth Mngmt Co has 0% invested in Watts Water Technologies Inc (NYSE:WTS). 1,087 are owned by Ls Investment Limited Liability. Nationwide Fund Advsrs holds 17,452 shares or 0% of its portfolio. Prudential Fincl stated it has 0% in Watts Water Technologies Inc (NYSE:WTS). Bnp Paribas Arbitrage Sa invested in 0% or 11,283 shares. Essex Inv Mngmt Limited Liability owns 17,125 shares or 0.15% of their US portfolio. 5,451 were reported by Sei Comm. Schroder Invest Management Grp stated it has 49,002 shares or 0.01% of all its holdings. Mason Street Advisors Ltd has invested 0.01% of its portfolio in Watts Water Technologies Inc (NYSE:WTS). Daiwa Sb Investments Limited invested 0.17% in Watts Water Technologies Inc (NYSE:WTS). Hbk Investments Limited Partnership has invested 0% in Watts Water Technologies Inc (NYSE:WTS).

Since June 9, 2017, it had 0 insider buys, and 1 insider sale for $82,528 activity.

Watts Water Technologies Inc (NYSE:WTS) Ratings Coverage

Among 10 analysts covering Watts Water Technologies (NYSE:WTS), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Watts Water Technologies had 17 analyst reports since August 17, 2015 according to SRatingsIntel. The company was initiated on Friday, July 8 by Northcoast. The company was maintained on Thursday, August 3 by Boenning & Scattergood. The company was initiated on Monday, September 18 by Stifel Nicolaus. The stock of Watts Water Technologies Inc (NYSE:WTS) earned “Market Perform” rating by Cowen & Co on Monday, August 17. The stock has “Hold” rating by Robert W. Baird on Wednesday, October 4. The stock of Watts Water Technologies Inc (NYSE:WTS) earned “Hold” rating by Oppenheimer on Wednesday, June 14. Cowen & Co maintained it with “Hold” rating and $5800 target in Thursday, July 20 report. The rating was initiated by Goldman Sachs with “Neutral” on Wednesday, March 8. The stock has “Hold” rating by Oppenheimer on Thursday, August 3. The rating was downgraded by Seaport Global to “Neutral” on Friday, June 10. Below is a list of Watts Water Technologies Inc (NYSE:WTS) latest ratings and price target changes.

04/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $71.0 Maintain
28/09/2017 Broker: Cowen & Co Rating: Hold New Target: $58.0 Maintain
18/09/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $72.0 Initiate
18/09/2017 Broker: Northcoast Rating: Buy New Target: $79.0 Upgrade
03/08/2017 Broker: Boenning & Scattergood Rating: Buy Maintain
03/08/2017 Broker: Oppenheimer Rating: Hold Maintain
20/07/2017 Broker: Cowen & Co Rating: Hold New Target: $58.0000 Maintain
14/06/2017 Broker: Oppenheimer Rating: Hold Maintain
05/05/2017 Broker: Oppenheimer Rating: Hold Maintain

The stock decreased 0.15% or $0.1 on October 13, reaching $67.6. About 38,126 shares traded. Watts Water Technologies Inc (NYSE:WTS) has risen 15.50% since October 13, 2016 and is uptrending. It has underperformed by 1.20% the S&P500.

Watts Water Technologies, Inc. is a supplier of products and solutions that manage and conserve the flow of fluids and energy into, through and out of buildings in the residential and commercial markets. The company has market cap of $2.31 billion. The Company, through its subsidiary, Watts Regulator Co., is engaged in manufacturing products and systems focused on the control, conservation and quality of water, and safety of the people using it. It has a 26.41 P/E ratio. The Company’s divisions include Americas, Middle East and Africa and Asia-Pacific.

More notable recent Watts Water Technologies Inc (NYSE:WTS) news were published by: Seekingalpha.com which released: “Watts Water Technologies (WTS) CEO Robert Pagano on Q4 2016 Results – Earnings …” on February 10, 2017, also Businesswire.com with their article: “Watts Water Technologies Elects Two New Directors” published on February 08, 2017, Seekingalpha.com published: “Watts Water Pursuing Multiple Avenues Of Self-Improvement” on December 15, 2016. More interesting news about Watts Water Technologies Inc (NYSE:WTS) were released by: Businesswire.com and their article: “Watts Water Technologies Fourth Quarter 2016 Earnings Conference Call” published on February 06, 2017 as well as Seekingalpha.com‘s news article titled: “Watts Water Technologies’ (WTS) CEO Bob Pagano on Q2 2017 Results – Earnings …” with publication date: August 03, 2017.

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