Schaper Benz Wise Investment Counsel Incwi buys $19,882,076 stake in WATERS CORP COM (WAT)

WATERS CORP COM (WAT) : Schaper Benz Wise Investment Counsel Incwi scooped up 1,540 additional shares in WATERS CORP COM during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 143,927 shares of WATERS CORP COM which is valued at $19,882,076.WATERS CORP COM makes up approximately 3.67% of Schaper Benz Wise Investment Counsel Incwi’s portfolio.

WATERS CORP COM closed down -0.1 points or -0.08% at $133.24 with 7,36,517 shares getting traded on Wednesday. Post opening the session at $133.68, the shares hit an intraday low of $132.28 and an intraday high of $133.84 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Headinvest reduced its stake in WAT by selling 350 shares or 0.77% in the most recent quarter. The Hedge Fund company now holds 45,394 shares of WAT which is valued at $6,270,727. WATERS CORP COM makes up approx 2.43% of Headinvest’s portfolio.Mountain Pacific Investment Advisers Incid reduced its stake in WAT by selling 430 shares or 0.38% in the most recent quarter. The Hedge Fund company now holds 111,450 shares of WAT which is valued at $15,136,025. WATERS CORP COM makes up approx 1.72% of Mountain Pacific Investment Advisers Incid’s portfolio.British Columbia Investment Management Corp reduced its stake in WAT by selling 2,023 shares or 5.0% in the most recent quarter. The Hedge Fund company now holds 38,398 shares of WAT which is valued at $5,017,083. WATERS CORP COM makes up approx 0.05% of British Columbia Investment Management Corp’s portfolio.

On the company’s financial health, WATERS CORP COM reported $1.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $1.24. The company had revenue of $475.30 million for the quarter, compared to analysts expectations of $471.48 million. The company’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.21 EPS.

Many Wall Street Analysts have commented on WATERS CORP COM. Company shares were Reiterated by Mizuho on Apr 27, 2016 to “Neutral”, Firm has raised the Price Target to $ 130 from a previous price target of $125 .WATERS CORP COM was Downgraded by BofA/Merrill to ” Neutral” on Apr 5, 2016. Barclays Initiated WATERS CORP COM on Mar 1, 2016 to “Equal Weight”, Price Target of the shares are set at $125.

Waters Corporation (Waters) is an analytical instrument manufacturer. The Company designs manufactures distributes and services instrument systems columns and other chemistry consumables that are integrated and used along with other analytical instruments. The Company has two segments: Waters Division and TA Division. The Waters Division’s products and services primarily consist of high performance liquid chromatography (HPLC) ultra performance liquid chromatography (UPLC and together with HPLC referred to as LC) mass spectrometry (MS) and chemistry consumable products and related services. TA Division’s products and services primarily consist of thermal analysis rheometry and calorimetry instrument systems and service sales. The Company’s products are used by pharmaceutical life science biochemical industrial nutritional safety environmental academic and governmental customers working in research and development quality assurance and other laboratory applications.

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