(WAT) Expected to Post Quarterly Sales of $534.87 Million

Elias Hubbard
March 13, 2018

The First Trust Advisors Lp holds 170,217 shares with $30.56M value, up from 47,878 last quarter. Albemarle Corporation now has $11.39 billion valuation. The stock increased 1.07% or $0.26 during the last trading session, reaching $24.47. LS Investment Advisors LLC now owns 3,962 shares of the medical instruments supplier's stock valued at $765,000 after purchasing an additional 259 shares during the last quarter. USA Technologies, Inc. (NASDAQ:USAT) has risen 19.42% since March 12, 2017 and is uptrending. It has outperformed by 28.90% the S&P500.

Diversified Trust Co increased Stmicroelectronics N V (STM) stake by 78.58% reported in 2017Q3 SEC filing. Trillium Asset Management Llc acquired 6,054 shares as Waters Corp (WAT)'s stock rose 13.72%. In the last three months, insiders sold 119,728 shares of company stock worth $25,106,198. Senzar Asset Management Llc who had been investing in Alder Biopharmaceuticals Inc for a number of months, seems to be bullish on the $1.03B market cap company.

The stock increased 1.79% or $3.74 during the last trading session, reaching $212.7. About 29,026 shares traded. Waters Corporation (NYSE:WAT) has risen 30.08% since March 12, 2017 and is uptrending. It has outperformed by 13.38% the S&P500. Moreover, Dean Capital Management has 1.19% invested in the company for 87,290 shares. Its up 0.14, from 0.99 in 2017Q2. 77 funds opened positions while 161 raised stakes. Perritt owns 125,000 shares or 0.21% of their U.S. portfolio. Federated Invsts Pa reported 37,501 shares stake. Texas Permanent School Fund holds 22,122 shares or 0.05% of its portfolio. Jefferies Gru Lc reported 0.01% stake. Asset Advsrs has 500 shares for 0.01% of their portfolio. It also reduced its holding in Ametek Inc New (NYSE:AME) by 184,529 shares in the quarter, leaving it with 267,018 shares, and cut its stake in Select Income Reit (NYSE:SIR). Cibc Ww Corporation reported 16,087 shares. Moreover, Bokf Na has 0.07% invested in Waters Corporation (NYSE:WAT) for 14,375 shares. Moreover, Principal Fincl Gp has 0.03% invested in Waters Corporation (NYSE:WAT).

Adirondack Research & Management Inc. holds 2.19% of its portfolio in Owens & Minor, Inc. for 191,506 shares. Assetmark Inc invested in 0% or 456 shares. Thirteen research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Therefore 70% are positive. Savings Bank Of Montreal Can reported 68,941 shares. The stock has "Hold" rating by Jefferies on Friday, October 20. They set a "buy" rating and a $230.00 price target on the stock. The rating was maintained by TD Securities on Wednesday, March 1 with "Hold". The firm holds royalties for the sale of well gas, oil well gas, crude oil, condensate, and sulfur. Needham has "Buy" rating and $3600 target. The stock has "Buy" rating by RBC Capital Markets on Thursday, March 1. The company was maintained on Wednesday, November 1 by Robert W. Baird. As per Friday, August 7, the company rating was upgraded by Suntrust Robinson. The firm has "Neutral" rating given on Wednesday, January 24 by JP Morgan. The company has a market capitalization of $16,757.46, a price-to-earnings ratio of 1,119.53, a price-to-earnings-growth ratio of 2.55 and a beta of 0.91. The firm has "Buy" rating by Jefferies given on Monday, July 17.

On average, analysts expect that Waters will report full year sales of $534.87 million for the current financial year, with estimates ranging from $2.45 billion to $2.50 billion. The medical instruments supplier reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.07. WAT's profit will be $121.32 million for 34.53 P/E if the $1.54 EPS becomes a reality. (NYSE:WAT) to post $534.87 million in sales for the current fiscal quarter, according to Zacks.

Investors sentiment decreased to 0.99 in Q3 2017. Its up 0.14, from 0.99 in 2017Q2. It dropped, as 36 investors sold WAT shares while 163 reduced holdings. 48 funds opened positions while 150 raised stakes. Northwest Invest Counselors Lc stated it has 0.3% in Waters Corporation (NYSE:WAT). Endurance Wealth Mngmt Inc has invested 0.03% in Waters Corporation (NYSE:WAT). Rockefeller Finance Serv, New York-based fund reported 1,370 shares. Amica Mutual stated it has 0.06% in Waters Corporation (NYSE:WAT). Ameriprise Financial stated it has 0.01% of its portfolio in Waters Corporation (NYSE:WAT). Franklin Resources reported 0.08% in Waters Corporation (NYSE:WAT). Cacti Asset Limited Liability Corporation holds 0.02% or 1,000 shares in its portfolio. Alps holds 0% in Waters Corporation (NYSE:WAT) or 2,476 shares. The United Kingdom-based Gsa Capital Partners Llp has invested 0.03% in the stock. Alphamark Advisors Ltd Llc has invested 0% in Waters Corporation (NYSE:WAT). It also upped Zoetis Incorporated Common Stock Usd0.01 (NYSE:ZTS) stake by 109,854 shares and now owns 145,754 shares. Stifel Finl Corp (NYSE:SF) was reduced too.

Among 19 analysts covering Waters Corporation (NYSE:WAT), 7 have Buy rating, 0 Sell and 12 Hold. Therefore 37% are positive. Waters Corporation had 56 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Waters Corporation (NYSE:WAT) has "Neutral" rating given on Wednesday, July 27 by Citigroup. The stock has "Neutral" rating by Bank of America on Tuesday, April 5. Finally, BTIG Research started coverage on shares of Waters in a research note on Friday, January 5th. Finally, Morgan Stanley upgraded Waters from an "underweight" rating to an "equal weight" rating and set a $192.00 price target for the company in a research note on Monday, December 4th. Barclays boosted their price target on Waters from $202.00 to $208.00 and gave the company an "equal weight" rating in a research note on Wednesday, January 24th. Waters now has an average rating of "Hold" and an average price target of $203.75. The stock of Waters Corporation (NYSE:WAT) has "Buy" rating given on Thursday, August 27 by Cantor Fitzgerald. As per Thursday, August 27, the company rating was initiated by Cantor Fitzgerald.

Other reports by Click Lancashire

Discuss This Article