Barclays PLC Has $3.78 Million Position in Watts Water Technologies, Inc. (NYSE:WTS)

Barclays PLC lowered its stake in shares of Watts Water Technologies, Inc. (NYSE:WTSFree Report) by 26.9% in the third quarter, Holdings Channel.com reports. The firm owned 21,859 shares of the technology company’s stock after selling 8,053 shares during the period. Barclays PLC’s holdings in Watts Water Technologies were worth $3,776,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of WTS. Spire Wealth Management raised its holdings in shares of Watts Water Technologies by 93.5% in the second quarter. Spire Wealth Management now owns 149 shares of the technology company’s stock valued at $27,000 after purchasing an additional 72 shares during the last quarter. Covestor Ltd lifted its position in shares of Watts Water Technologies by 80.4% during the 1st quarter. Covestor Ltd now owns 184 shares of the technology company’s stock worth $26,000 after buying an additional 82 shares in the last quarter. First Capital Advisors Group LLC. purchased a new position in shares of Watts Water Technologies in the 2nd quarter worth approximately $41,000. Eagle Bay Advisors LLC purchased a new stake in shares of Watts Water Technologies during the second quarter valued at approximately $32,000. Finally, NewEdge Advisors LLC lifted its holdings in Watts Water Technologies by 768.6% during the first quarter. NewEdge Advisors LLC now owns 304 shares of the technology company’s stock worth $51,000 after acquiring an additional 269 shares during the period. Institutional investors own 75.06% of the company’s stock.

Watts Water Technologies Price Performance

Shares of NYSE:WTS opened at $215.74 on Monday. The company has a 50-day moving average price of $202.27 and a two-hundred day moving average price of $189.64. Watts Water Technologies, Inc. has a twelve month low of $153.25 and a twelve month high of $216.18. The company has a quick ratio of 1.72, a current ratio of 2.74 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $7.19 billion, a PE ratio of 26.31, a P/E/G ratio of 3.29 and a beta of 0.95.

Watts Water Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Friday, March 1st will be paid a dividend of $0.36 per share. The ex-dividend date is Thursday, February 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.67%. Watts Water Technologies’s payout ratio is 17.56%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on WTS. TD Cowen upped their price objective on Watts Water Technologies from $165.00 to $175.00 and gave the company a “market perform” rating in a research note on Tuesday, December 5th. StockNews.com lowered shares of Watts Water Technologies from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 18th. Finally, Stifel Nicolaus lifted their price objective on shares of Watts Water Technologies from $198.00 to $199.00 and gave the stock a “hold” rating in a research report on Tuesday, December 19th.

Check Out Our Latest Report on Watts Water Technologies

Watts Water Technologies Company Profile

(Free Report)

Watts Water Technologies, Inc 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. The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, and leak detection and protection products for plumbing and hot water applications.

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Institutional Ownership by Quarter for Watts Water Technologies (NYSE:WTS)

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