Waters Corporation (WAT) : Roble Belko Company Inc added new position in Waters Corporation during the most recent quarter end. The investment management firm now holds 800 shares of Waters Corporation which is valued at $126,600 , the company said in a statement filed on Aug 11, 2016 with the SEC.Waters Corporation makes up approximately 0.07% of Roble Belko Company Inc’s portfolio.
Other Hedge Funds, Including , Cleararc Capital Inc reduced its stake in WAT by selling 27 shares or 1.35% in the most recent quarter. The Hedge Fund company now holds 1,969 shares of WAT which is valued at $311,594. Waters Corporation makes up approx 0.06% of Cleararc Capital Inc’s portfolio.Holland Capital Management reduced its stake in WAT by selling 2,003 shares or 10.57% in the most recent quarter. The Hedge Fund company now holds 16,950 shares of WAT which is valued at $2,682,338. Waters Corporation makes up approx 0.10% of Holland Capital Management’s portfolio.Strs Ohio reduced its stake in WAT by selling 252 shares or 2.06% in the most recent quarter. The Hedge Fund company now holds 11,955 shares of WAT which is valued at $1,881,717. Waters Corporation makes up approx 0.01% of Strs Ohio’s portfolio.American Century Companies Inc reduced its stake in WAT by selling 2,261 shares or 0.75% in the most recent quarter. The Hedge Fund company now holds 297,464 shares of WAT which is valued at $46,820,834. Waters Corporation makes up approx 0.05% of American Century Companies Inc’s portfolio.
Waters Corporation opened for trading at $161 and hit $162.53 on the upside on Tuesday, eventually ending the session at $161.82, with a gain of 0.65% or 1.04 points. The heightened volatility saw the trading volume jump to 4,32,690 shares. Company has a market cap of $13,038 M.
On the company’s financial health, Waters Corporation reported $1.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.13 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $1.45. The company had revenue of $537.00 million for the quarter, compared to analysts expectations of $523.18 million. The company’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.32 EPS.
Many Wall Street Analysts have commented on Waters Corporation. Company shares were Reiterated by Barclays on Jul 27, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 157 from a previous price target of $130 .Company shares were Reiterated by Mizuho on Jul 27, 2016 to “Neutral”, Firm has raised the Price Target to $ 145 from a previous price target of $130 .
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 Divisions 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 Divisions products and services primarily consist of thermal analysis rheometry and calorimetry instrument systems and service sales. The Companys 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.