Waters Corporation (WAT) : Integrated Investment Consultants scooped up 50 additional shares in Waters Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 1,191 shares of Waters Corporation which is valued at $184,486.Waters Corporation makes up approximately 0.09% of Integrated Investment Consultants’s portfolio.
Other Hedge Funds, Including , Stock Yards Bank Trust Co sold out all of its stake in WAT during the most recent quarter. The investment firm sold 4,600 shares of WAT which is valued $712,540. Fox Run Management L.l.c. added WAT to its portfolio by purchasing 3,700 company shares during the most recent quarter which is valued at $580,271. Waters Corporation makes up approx 0.35% of Fox Run Management L.l.c.’s portfolio.Eagle Asset Management Inc reduced its stake in WAT by selling 105 shares or 0.34% in the most recent quarter. The Hedge Fund company now holds 30,940 shares of WAT which is valued at $4,852,320. Waters Corporation makes up approx 0.03% of Eagle Asset Management Inc’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in WAT by selling 3,165 shares or 34.88% in the most recent quarter. The Hedge Fund company now holds 5,909 shares of WAT which is valued at $935,217.
Waters Corporation opened for trading at $155.56 and hit $156.535 on the upside on Friday, eventually ending the session at $154.9, with a gain of 0.05% or 0.08 points. The heightened volatility saw the trading volume jump to 3,52,461 shares. Company has a market cap of $12,481 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.