Friday, 1 December 2017

Timessquare Capital Management Has Raised Its Watts Water Technologies (WTS) Position; Layne Christensen Co (LAYN)’s Sentiment Is 1.03

Timessquare Capital Management Llc increased Watts Water Technologies (WTS) stake by 21.08% reported in 2017Q2 SEC filing. Timessquare Capital Management Llc acquired 63,200 shares as Watts Water Technologies (WTS)’s stock rose 1.77%. The Timessquare Capital Management Llc holds 362,960 shares with $22.94 million value, up from 299,760 last quarter. Watts Water Technologies now has $2.54 billion valuation. The stock decreased 0.15% or $0.11 during the last trading session, reaching $74.4. About 107,760 shares traded. Watts Water Technologies, Inc. (NYSE:WTS) has risen 15.50% since November 30, 2016 and is uptrending. It has underperformed by 1.20% the S&P500.

Layne Christensen Company operates as a water management, construction, and drilling firm that provides solutions for the water, mineral, and energy markets in the United States and internationally. The company has market cap of $257.87 million. The companyÂ’s Water Resources segment offers water-related services and products, including hydrologic design and construction; source of supply exploration; well and intake construction; and well and pump rehabilitation services. It currently has negative earnings. This segment also provides water treatment equipment engineering services and systems for the treatment of regulated and nuisance contaminants.

Analysts await Layne Christensen Company (NASDAQ:LAYN) to report earnings on December, 14. They expect $-0.04 earnings per share, up 76.47% or $0.13 from last year’s $-0.17 per share. After $-0.11 actual earnings per share reported by Layne Christensen Company for the previous quarter, Wall Street now forecasts -63.64% EPS growth.

Wynnefield Capital Inc holds 5.58% of its portfolio in Layne Christensen Company for 1.90 million shares. Van Den Berg Management I Inc owns 2.23 million shares or 2.42% of their US portfolio. Moreover, Rutabaga Capital Management Llc Ma has 2.06% invested in the company for 1.25 million shares. The Illinois-based Crystal Rock Capital Management has invested 1.12% in the stock. Green Square Capital Llc, a Tennessee-based fund reported 375,400 shares.

The stock decreased 0.54% or $0.07 during the last trading session, reaching $12.97. About 91,476 shares traded. Layne Christensen Company (LAYN) has declined 11.47% since November 30, 2016 and is downtrending. It has underperformed by 28.17% the S&P500.

Among 11 analysts covering Watts Water Technologies (NYSE:WTS), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Watts Water Technologies had 22 analyst reports since August 17, 2015 according to SRatingsIntel. As per Wednesday, October 4, the company rating was maintained by Robert W. Baird. On Friday, May 6 the stock rating was upgraded by BB&T Capital to “Buy”. The stock of Watts Water Technologies, Inc. (NYSE:WTS) earned “Perform” rating by Oppenheimer on Monday, January 4. The company was maintained on Wednesday, June 14 by Oppenheimer. Goldman Sachs initiated Watts Water Technologies, Inc. (NYSE:WTS) rating on Wednesday, March 8. Goldman Sachs has “Neutral” rating and $66 target. The stock has “Neutral” rating by Robert W. Baird on Friday, November 3. Cowen & Co upgraded Watts Water Technologies, Inc. (NYSE:WTS) on Monday, August 17 to “Market Perform” rating. KeyBanc Capital Markets maintained the shares of WTS in report on Friday, November 3 with “Hold” rating. Cowen & Co maintained it with “Hold” rating and $5800 target in Thursday, July 20 report. Oppenheimer maintained the stock with “Hold” rating in Friday, May 5 report.

Since June 9, 2017, it had 0 insider purchases, and 1 insider sale for $82,528 activity. Melhem Elie sold $82,528 worth of stock.

The post Timessquare Capital Management Has Raised Its Watts Water Technologies (WTS) Position; Layne Christensen Co (LAYN)’s Sentiment Is 1.03 appeared first on Stock Market News | HillCountryTimes | Get it Today.



from
https://www.hillcountrytimes.com/2017/11/30/timessquare-capital-management-has-raised-its-watts-water-technologies-wts-position-layne-christensen-co-layns-sentiment-is-1-03/

No comments:

Post a Comment