Watts Water Technologies, Inc. (WTS) Is At $80.05 Formed Wedge; Altimeter Capital Management LP Boosted Its Alibaba Group Holding LTD (BABA) Holding

Watts Water Technologies, Inc. (WTS) formed wedge up with $85.65 target or 7.00% above today’s $80.05 share price. Watts Water Technologies, Inc. (WTS) has $2.73B valuation. The stock increased 0.06% or $0.05 during the last trading session, reaching $80.05. About 89,497 shares traded. Watts Water Technologies, Inc. (NYSE:WTS) has risen 15.50% since January 25, 2017 and is uptrending. It has underperformed by 1.20% the S&P500.

Altimeter Capital Management Lp increased Alibaba Group Holding Ltd (BABA) stake by 24.08% reported in 2017Q3 SEC filing. Altimeter Capital Management Lp acquired 6,200 shares as Alibaba Group Holding Ltd (BABA)’s stock rose 22.58%. The Altimeter Capital Management Lp holds 31,950 shares with $5.52 million value, up from 25,750 last quarter. Alibaba Group Holding Ltd now has $501.70 billion valuation. The stock increased 1.69% or $3.25 during the last trading session, reaching $195.53. About 34.50 million shares traded or 70.43% up from the average. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since January 25, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Among 37 analysts covering Alibaba (NYSE:BABA), 35 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 158 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Buy” rating by Needham given on Friday, April 15. The firm has “Buy” rating by Brean Capital given on Thursday, November 3. The firm has “Buy” rating given on Monday, November 13 by Robert W. Baird. The stock has “Buy” rating by M Partners on Wednesday, August 23. The firm has “Buy” rating given on Friday, October 27 by Robert W. Baird. On Tuesday, June 21 the stock rating was maintained by Goldman Sachs with “Buy”. The firm earned “Buy” rating on Friday, October 30 by M Partners. Bank of America maintained Alibaba Group Holding Limited (NYSE:BABA) on Thursday, August 17 with “Buy” rating. Axiom Capital maintained the shares of BABA in report on Wednesday, October 28 with “Buy” rating. The firm earned “Buy” rating on Thursday, June 8 by Stifel Nicolaus.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.52, from 1.67 in 2017Q2. It is negative, 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. Jpmorgan Chase & Commerce accumulated 0% or 91,416 shares. Sg Americas Secs Ltd Liability Co accumulated 9,324 shares. Citigroup Incorporated owns 17,105 shares for 0% of their portfolio. Ameritas Invest Ptnrs reported 2,402 shares or 0.01% of all its holdings. Parkside Bank And Tru reported 0% of its portfolio in Watts Water Technologies, Inc. (NYSE:WTS). Ubs Asset Mgmt Americas invested in 15,479 shares or 0% of the stock. Parametrica Mngmt holds 0.13% or 4,366 shares in its portfolio. Ameriprise Finance reported 247,482 shares. The New Jersey-based New Jersey Better Educational Savings Tru has invested 0.23% in Watts Water Technologies, Inc. (NYSE:WTS). John G Ullman Associates has 1.54% invested in Watts Water Technologies, Inc. (NYSE:WTS). Pub Employees Retirement Association Of Colorado reported 5,227 shares. Ny State Teachers Retirement System reported 0.01% stake. Dean Investment Associates Limited Liability Company owns 47,400 shares or 0.5% of their US portfolio. Invesco Ltd owns 359,218 shares. Oppenheimer And Inc has 13,206 shares.

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

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 has $95.0 highest and $54 lowest target. $72.14’s average target is -9.88% below currents $80.05 stock price. Watts Water Technologies had 26 analyst reports since August 17, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer on Thursday, August 3 with “Hold”. The stock of Watts Water Technologies, Inc. (NYSE:WTS) earned “Buy” rating by Stifel Nicolaus on Tuesday, January 16. The firm has “Neutral” rating given on Friday, June 10 by Seaport Global. The stock has “Buy” rating by Northcoast on Monday, September 18. The firm has “Buy” rating given on Thursday, November 2 by Boenning & Scattergood. Stifel Nicolaus maintained the stock with “Buy” rating in Sunday, October 15 report. The stock of Watts Water Technologies, Inc. (NYSE:WTS) earned “Perform” rating by Oppenheimer on Monday, January 4. Stifel Nicolaus maintained Watts Water Technologies, Inc. (NYSE:WTS) on Sunday, December 10 with “Buy” rating. Robert W. Baird maintained it with “Hold” rating and $71.0 target in Wednesday, October 4 report. The firm has “Buy” rating given on Friday, November 3 by Stifel Nicolaus.

Analysts await Watts Water Technologies, Inc. (NYSE:WTS) to report earnings on February, 8. They expect $0.73 earnings per share, up 14.06% or $0.09 from last year’s $0.64 per share. WTS’s profit will be $24.93 million for 27.41 P/E if the $0.73 EPS becomes a reality. After $0.80 actual earnings per share reported by Watts Water Technologies, Inc. for the previous quarter, Wall Street now forecasts -8.75% negative EPS growth.