Watts Water Technologies Inc (NYSE:WTS): Institutional Investor Sentiment Up to 1.11

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Sentiment for Watts Water Technologies Inc (NYSE:WTS)

Watts Water Technologies Inc (NYSE:WTS) institutional sentiment increased to 1.11 in 2018 Q4. Its up 0.18, from 0.93 in 2018Q3. The ratio has improved, as 92 investment professionals started new and increased positions, while 83 cut down and sold their equity positions in Watts Water Technologies Inc. The investment professionals in our partner’s database now possess: 23.57 million shares, up from 23.09 million shares in 2018Q3. Also, the number of investment professionals holding Watts Water Technologies Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 23 Reduced: 60 Increased: 65 New Position: 27.

Watts Water Technologies, Inc. designs, makes, and sells products and solutions that manage and conserve the flow of fluids and energy into, through and out of buildings in the residential and commercial markets. The company has market cap of $2.85 billion. It offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. It has a 22.44 P/E ratio. The firm also provides heating, ventilation, and air conditioning and gas products comprising commercial high-efficiency boilers, water heaters, and heating solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications.

The stock increased 0.08% or $0.06 during the last trading session, reaching $83.68. About 42,879 shares traded. Watts Water Technologies, Inc. (NYSE:WTS) has risen 7.57% since April 11, 2018 and is uptrending. It has outperformed by 3.20% the S&P500.

Analysts await Watts Water Technologies, Inc. (NYSE:WTS) to report earnings on May, 2. They expect $0.94 earnings per share, up 14.63 % or $0.12 from last year’s $0.82 per share. WTS’s profit will be $31.98 million for 22.26 P/E if the $0.94 EPS becomes a reality. After $0.88 actual earnings per share reported by Watts Water Technologies, Inc. for the previous quarter, Wall Street now forecasts 6.82 % EPS growth.

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Wilen Investment Management Corp. holds 1.99% of its portfolio in Watts Water Technologies, Inc. for 35,927 shares. Stone Run Capital Llc owns 47,200 shares or 1.9% of their US portfolio. Moreover, John G Ullman & Associates Inc has 1.47% invested in the company for 112,608 shares. The California-based Falcon Point Capital Llc has invested 1.24% in the stock. Daiwa Sb Investments Ltd., a Japan-based fund reported 79,300 shares.

Since January 1, 0001, it had 0 insider purchases, and 2 sales for $842,935 activity.

More notable recent Watts Water Technologies, Inc. (NYSE:WTS) news were published by: Benzinga.com which released: “Earnings Scheduled For November 2, 2018 – Benzinga” on November 02, 2018, also Investorplace.com with their article: “5 Sizzling Small-Cap Stocks to Buy Today – Investorplace.com” published on November 13, 2018, Seekingalpha.com published: “Watts Water Technologies, Inc. (WTS) CEO Bob Pagano on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 05, 2018. More interesting news about Watts Water Technologies, Inc. (NYSE:WTS) were released by: Gurufocus.com and their article: “6 Poorly Performing Stocks in Gurus’ Portfolios – GuruFocus.com” published on March 27, 2019 as well as Businesswire.com‘s news article titled: “Watts Water Technologies, Inc. Declares Quarterly Dividend – Business Wire” with publication date: November 02, 2018.

Watts Water Technologies, Inc. (NYSE:WTS) Institutional Positions Chart