Waters Corp (NYSE:WAT).
Raymond James & Associates reports that it sold 2,171 shares during the last quarter decreasing its stake in Waters Corp (WAT) by 2.5%. Its investment was valued at $15,449,000 a decrease of 4.8% according to the filing.
These firms have modified their investment in WAT. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS grew its holdings by buying 546 shares an increase of 9.2%. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS now controls 6,492 shares valued at $1,165,000. The total value of its holdings increased 6.6%. As of the end of the quarter Compton Capital Management Inc /RI had disposed of a total of 750 shares trimming its stake by 7.3%. The value of the investment in (WAT) decreased from $1,883,000 to $1,704,000 decreasing 9.5% for the reporting period.
Provident Investment Management, Inc. cut its position by shedding 500 shares a decrease of 4.0% as of 09/30/2017. Provident Investment Management, Inc. claims 12,000 shares with a value of $2,154,000. The value of the position overall is down by 6.3%.
On November 3 Cowen and Company held the stock rating at “Hold” with a current price target of $190.00. Deutsche Bank AG raised the price target on October 25 changing the forecast from $199.00 to $200.00 and issued a “Hold” rating.
October 25 investment analysts at Citigroup kept the company rating at “Neutral” projecting a price of $180.00. Equity analyst Barclays PLC raised the price target of the stock on October 25 boosting the projection from $188.00 to $193.00 and issued a “Equal Weight” recommendation.
Robert W. Baird raised the price target on October 25 changing the price objective from $196.00 to $199.00 and stated a “Outperform” rating.
The company is so far trading down from yesterday’s close of 195.65. The P/E ratio is 28.75 and the market cap of the company is 15.51B. As of the latest earnings report the EPS was $6.78 with 79.53M shares outstanding.
Traders are a little more bullish on shares of the company lately looking at the downtick in short interest. The company recorded a fall in short interest of -0.13% between September 29, 2017 and October 13, 2017. Short shares decreased from 2,838,607 to 2,834,927 over that period. Days to cover increased from 7.0 to 8.0 and the short interest percentage is 0.04% as of October 13.