EPS for Watts Water Technologies, Inc. (WTS) Expected At $0.73; Nuveen Asset Management Boosted Netgear (NTGR) Stake

January 14, 2018 - By Marguerite Chambers

Nuveen Asset Management Llc increased Netgear Inc (NTGR) stake by 8.66% reported in 2017Q3 SEC filing. Nuveen Asset Management Llc acquired 48,053 shares as Netgear Inc (NTGR)’s stock declined 23.40%. The Nuveen Asset Management Llc holds 602,654 shares with $28.69 million value, up from 554,601 last quarter. Netgear Inc now has $2.06B valuation. The stock increased 3.07% or $1.95 during the last trading session, reaching $65.4. About 526,493 shares traded or 6.52% up from the average. NETGEAR, Inc. (NASDAQ:NTGR) has risen 2.67% since January 14, 2017 and is uptrending. It has underperformed by 14.03% the S&P500.

Analysts expect Watts Water Technologies, Inc. (NYSE:WTS) to report $0.73 EPS on February, 8.They anticipate $0.09 EPS change or 14.06% from last quarter’s $0.64 EPS. WTS’s profit would be $24.93 million giving it 26.93 P/E if the $0.73 EPS is correct. After having $0.80 EPS previously, Watts Water Technologies, Inc.’s analysts see -8.75% EPS growth. The stock increased 1.55% or $1.2 during the last trading session, reaching $78.65. About 66,609 shares traded. Watts Water Technologies, Inc. (NYSE:WTS) has risen 15.50% since January 14, 2017 and is uptrending. It has underperformed by 1.20% the S&P500.

Investors sentiment increased to 1.16 in Q3 2017. Its up 0.17, from 0.99 in 2017Q2. It increased, as 16 investors sold NTGR shares while 61 reduced holdings. 32 funds opened positions while 57 raised stakes. 31.32 million shares or 0.93% less from 31.62 million shares in 2017Q2 were reported. Dean Capital holds 52,285 shares. Raymond James & Associates holds 0% of its portfolio in NETGEAR, Inc. (NASDAQ:NTGR) for 5,408 shares. Numeric Limited Co invested in 0.01% or 32,400 shares. Pacific Ridge Capital Prtnrs Lc has invested 0.3% in NETGEAR, Inc. (NASDAQ:NTGR). Barclays Pcl holds 0% in NETGEAR, Inc. (NASDAQ:NTGR) or 58,906 shares. Texas Permanent School Fund stated it has 0.01% of its portfolio in NETGEAR, Inc. (NASDAQ:NTGR). Nj State Employees Deferred Compensation Plan reported 0.09% stake. Matarin Ltd Com reported 0.11% of its portfolio in NETGEAR, Inc. (NASDAQ:NTGR). First Mercantile Tru invested 0.06% of its portfolio in NETGEAR, Inc. (NASDAQ:NTGR). Acadian Asset Mgmt Ltd Liability Corp reported 8,047 shares stake. Ny State Teachers Retirement Sys has 80,615 shares. Barrow Hanley Mewhinney And Strauss Limited Liability Corp, a Texas-based fund reported 132,505 shares. Rhumbline Advisers stated it has 0.01% in NETGEAR, Inc. (NASDAQ:NTGR). Principal Financial Grp owns 540,476 shares for 0.02% of their portfolio. Tower Research Cap (Trc) invested in 3,213 shares.

Among 7 analysts covering Netgear (NASDAQ:NTGR), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Netgear had 13 analyst reports since October 23, 2015 according to SRatingsIntel. The stock of NETGEAR, Inc. (NASDAQ:NTGR) has “Buy” rating given on Wednesday, June 8 by Wunderlich. The firm has “Hold” rating given on Monday, October 3 by BWS Financial. Raymond James downgraded NETGEAR, Inc. (NASDAQ:NTGR) on Wednesday, February 8 to “Mkt Perform” rating. Raymond James upgraded the shares of NTGR in report on Monday, December 18 to “Buy” rating. Sterne Agee CRT initiated the shares of NTGR in report on Tuesday, April 5 with “Neutral” rating. Rosenblatt maintained the shares of NTGR in report on Tuesday, February 9 with “Buy” rating. The firm earned “Buy” rating on Tuesday, October 27 by Rosenblatt. The stock has “Outperform” rating by Raymond James on Friday, October 23. Wunderlich maintained NETGEAR, Inc. (NASDAQ:NTGR) rating on Thursday, September 8. Wunderlich has “Buy” rating and $66 target. The rating was upgraded by BWS Financial to “Buy” on Monday, October 9.

Nuveen Asset Management Llc decreased Gap Inc Del (NYSE:GPS) stake by 60,200 shares to 438,155 valued at $12.94M in 2017Q3. It also reduced Jpmorgan Chase & Co (NYSE:JPM) stake by 77,228 shares and now owns 1.14M shares. Planet Fitness Inc was reduced too.

Since August 1, 2017, it had 1 buy, and 22 selling transactions for $3.91 million activity. FALCON MICHAEL F also sold $50,172 worth of NETGEAR, Inc. (NASDAQ:NTGR) on Tuesday, September 5. MERRILL MARK G also sold $152,100 worth of NETGEAR, Inc. (NASDAQ:NTGR) shares. Collins Patrick J III also sold $39,225 worth of NETGEAR, Inc. (NASDAQ:NTGR) on Monday, December 11. Kim Andrew Wonki also sold $1,451 worth of NETGEAR, Inc. (NASDAQ:NTGR) shares. 19,799 shares valued at $943,071 were sold by LO PATRICK CS on Monday, October 2. $70,200 worth of NETGEAR, Inc. (NASDAQ:NTGR) shares were sold by Rogers Tamesa. $27,025 worth of stock was bought by Graham Jef on Friday, December 15.

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 $2.69 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 29.13 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.

Since August 25, 2017, it had 0 insider purchases, and 2 insider sales for $1.37 million activity. 3,306 shares were sold by Melhem Elie, worth $205,323 on Friday, August 25. 15,803 Watts Water Technologies, Inc. (NYSE:WTS) shares with value of $1.16M were sold by Pagano Robert J Jr.

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.52, from 1.67 in 2017Q2. It dived, as 23 investors sold Watts Water Technologies, Inc. shares while 51 reduced holdings. 24 funds opened positions while 61 raised stakes. 25.81 million shares or 0.06% more from 25.80 million shares in 2017Q2 were reported. Livingston Group Asset (Operating As Southport Management) holds 0.66% or 22,277 shares. South State Corp invested 0.03% of its portfolio in Watts Water Technologies, Inc. (NYSE:WTS). First Trust Advsrs L P invested in 91,909 shares or 0.02% of the stock. Moreover, Balyasny Asset Mgmt Limited Co has 0% invested in Watts Water Technologies, Inc. (NYSE:WTS) for 4,194 shares. 50 were reported by Gemmer Asset Ltd Com. Parkside Comml Bank And Trust reported 14 shares. Moreover, State Of Wisconsin Investment Board has 0.03% invested in Watts Water Technologies, Inc. (NYSE:WTS). Manchester Mgmt Ltd Co reported 0.12% of its portfolio in Watts Water Technologies, Inc. (NYSE:WTS). Schroder Inv Mngmt holds 56,360 shares. State Board Of Administration Of Florida Retirement System holds 15,863 shares. Voya Investment Mgmt Limited Liability Corporation invested in 770,152 shares. Gamco Invsts Et Al invested in 1.32 million shares or 0.57% of the stock. Wellington Mgmt Ltd Liability Partnership holds 0.02% or 1.48M shares in its portfolio. Prudential holds 0.01% of its portfolio in Watts Water Technologies, Inc. (NYSE:WTS) for 48,103 shares. Mason Street Advsr Limited Liability Com, a Wisconsin-based fund reported 7,043 shares.

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 24 analyst reports since August 17, 2015 according to SRatingsIntel. The stock of Watts Water Technologies, Inc. (NYSE:WTS) earned “Buy” rating by Stifel Nicolaus on Monday, September 18. As per Friday, November 3, the company rating was maintained by Robert W. Baird. The rating was initiated by Northcoast with “Neutral” on Friday, July 8. The firm has “Buy” rating by BB&T Capital given on Friday, May 6. The company was maintained on Friday, November 3 by KeyBanc Capital Markets. Robert W. Baird maintained the shares of WTS in report on Wednesday, October 4 with “Hold” rating. As per Friday, May 5, the company rating was maintained by Oppenheimer. The stock of Watts Water Technologies, Inc. (NYSE:WTS) has “Buy” rating given on Thursday, November 2 by Boenning & Scattergood. The rating was upgraded by Northcoast to “Buy” on Monday, September 18. The stock has “Buy” rating by Boenning & Scattergood on Thursday, August 3.

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