Out of 3 analysts covering Waters (NYSE:WAT), 2 rate it “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Waters was the topic in 4 analyst reports since October 3, 2015 according to StockzIntelligence Inc. Bank of America upgraded the stock on September 10 to “Buy” rating.
The institutional sentiment increased to 0.93 in Q2 2015. Its up 0.05, from 0.88 in 2015Q1. The ratio improved, as 26 funds sold all Waters Corporation shares owned while 170 reduced positions. 61 funds bought stakes while 122 increased positions. They now own 74.12 million shares or 0.34% more from 73.87 million shares in 2015Q1.
Praesidium Investment Management Company Llc holds 9.44% of its portfolio in Waters Corporation for 872,265 shares. Generation Investment Management Llp owns 3.76 million shares or 6.47% of their US portfolio. Moreover, Robecosam Usa Inc. has 5.33% invested in the company for 35,852 shares. The United Kingdom-based Veritas Asset Management Llp has invested 4.98% in the stock. Veritas Investment Management Llp, a United Kingdom-based fund reported 140,140 shares.
Waters Corporation is an analytical instrument manufacturer. The company has a market cap of $11.22 billion. The Firm designs, makes, distributes and services instrument systems, columns and other chemistry consumables that are integrated and used along with other analytical instruments. It has 24.44 P/E ratio. The Firm has two divisions: Waters Division and TA Division.
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