3 days Ago By ABMN Staff
Schroder Investment Management Group purchased a new position in shares of Watts Water Technologies, Inc. ( NYSE:WTS – Free Report ) in the 4th quarter, Holdings Channel reports. The firm purchased 6,040 shares of the technology company’s stock, valued at approximately $1,228,000.
Other institutional investors also recently made changes to their positions in the company. Norges Bank purchased a new stake in Watts Water Technologies during the 4th quarter worth about $60,887,000. Raymond James Financial Inc.
purchased a new stake in shares of Watts Water Technologies during the fourth quarter worth about $23,044,000. Wealthfront Advisers LLC acquired a new position in shares of Watts Water Technologies in the fourth quarter valued at approximately $9,773,000. Boston Partners lifted its stake in shares of Watts Water Technologies by 7.
6% during the fourth quarter. Boston Partners now owns 632,155 shares of the technology company’s stock valued at $128,527,000 after buying an additional 44,465 shares during the period. Finally, Retirement Systems of Alabama boosted its position in Watts Water Technologies by 122.
9% during the fourth quarter. Retirement Systems of Alabama now owns 74,194 shares of the technology company’s stock worth $15,084,000 after acquiring an additional 40,912 shares during the last quarter. 95.
02% of the stock is owned by institutional investors and hedge funds. Insiders Place Their Bets In other news, insider Elie Melhem sold 4,397 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $210.
53, for a total value of $925,700.41. Following the transaction, the insider now owns 10,469 shares of the company’s stock, valued at approximately $2,204,038.
57. This trade represents a 29.58 % decrease in their position.
The sale was disclosed in a legal filing with the SEC, which is available at this link . 1.10% of the stock is owned by insiders.
Analyst Upgrades and Downgrades Read Our Latest Report on WTS Watts Water Technologies Trading Down 4.1 % Shares of WTS opened at $187.48 on Monday.
Watts Water Technologies, Inc. has a twelve month low of $175.37 and a twelve month high of $232.
60. The firm has a market capitalization of $6.25 billion, a P/E ratio of 21.
57, a price-to-earnings-growth ratio of 3.42 and a beta of 0.95.
The company has a current ratio of 2.59, a quick ratio of 1.65 and a debt-to-equity ratio of 0.
12. The stock’s fifty day simple moving average is $210.48 and its 200 day simple moving average is $208.
28. Watts Water Technologies ( NYSE:WTS – Get Free Report ) last announced its quarterly earnings results on Monday, February 10th. The technology company reported $2.
05 EPS for the quarter, topping the consensus estimate of $1.91 by $0.14.
Watts Water Technologies had a return on equity of 18.08% and a net margin of 12.93%.
On average, equities research analysts forecast that Watts Water Technologies, Inc. will post 9.08 earnings per share for the current year.
Watts Water Technologies Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.43 per share.
The ex-dividend date was Friday, February 28th. This represents a $1.72 dividend on an annualized basis and a yield of 0.
92%. Watts Water Technologies’s dividend payout ratio (DPR) is 19.79%.
Watts Water Technologies Company Profile ( Free Report ) Watts Water Technologies, Inc, together with its subsidiaries, supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. Read More Want to see what other hedge funds are holding WTS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Watts Water Technologies, Inc.
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