Waters (WAT) At $193.19 Forms Top; Hansberger Growth Investors LP Has Increased Its Canadian Pacific Railway Limit (CP) Stake

Waters Corporation (WAT) formed multiple top with $204.78 target or 6.00% above today’s $193.19 share price. Waters Corporation (WAT) has $15.37B valuation. The stock decreased 0.83% or $1.62 during the last trading session, reaching $193.19. About 205,357 shares traded. Waters Corporation (NYSE:WAT) has risen 30.08% since January 1, 2017 and is uptrending. It has outperformed by 13.38% the S&P500.

Hansberger Growth Investors Lp increased Canadian Pacific Railway Limit (CP) stake by 9.41% reported in 2017Q3 SEC filing. Hansberger Growth Investors Lp acquired 4,320 shares as Canadian Pacific Railway Limit (CP)’s stock rose 4.01%. The Hansberger Growth Investors Lp holds 50,253 shares with $8.44 million value, up from 45,933 last quarter. Canadian Pacific Railway Limit now has $26.81 billion valuation. The stock decreased 0.09% or $0.16 during the last trading session, reaching $182.76. About 132,515 shares traded. Canadian Pacific Railway Limited (NYSE:CP) has risen 21.39% since January 1, 2017 and is uptrending. It has outperformed by 4.69% the S&P500.

Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.09, from 1.08 in 2017Q2. It dropped, as 36 investors sold Waters Corporation shares while 163 reduced holdings. 48 funds opened positions while 150 raised stakes. 73.71 million shares or 3.26% more from 71.38 million shares in 2017Q2 were reported. Piedmont Inv Lc stated it has 0.04% of its portfolio in Waters Corporation (NYSE:WAT). Norinchukin Bankshares The reported 5,942 shares stake. Amica Pension Fund Board Of Trustees owns 0.06% invested in Waters Corporation (NYSE:WAT) for 2,868 shares. Proshare Advisors Ltd Co invested in 0.01% or 9,032 shares. Moreover, Autus Asset Ltd Co has 0.04% invested in Waters Corporation (NYSE:WAT). Pictet & Cie (Europe) Sa has invested 0.14% in Waters Corporation (NYSE:WAT). Glob X Ltd Liability owns 4,956 shares or 0.02% of their US portfolio. Caledonia Invests Public Limited Company reported 4.66% in Waters Corporation (NYSE:WAT). Century owns 512,899 shares or 0.09% of their US portfolio. Eagle Asset has 0.04% invested in Waters Corporation (NYSE:WAT) for 36,235 shares. Nottingham Advisors Inc accumulated 0.05% or 2,163 shares. Btim Corp owns 265,396 shares for 0.74% of their portfolio. Sfe Counsel has 0.42% invested in Waters Corporation (NYSE:WAT) for 5,624 shares. The Massachusetts-based Wellington Mgmt Grp Ltd Liability Partnership has invested 0.03% in Waters Corporation (NYSE:WAT). Aqr Cap Ltd Com invested in 84,821 shares.

Analysts await Waters Corporation (NYSE:WAT) to report earnings on January, 23. They expect $2.44 earnings per share, up 10.41% or $0.23 from last year’s $2.21 per share. WAT’s profit will be $194.06M for 19.79 P/E if the $2.44 EPS becomes a reality. After $1.77 actual earnings per share reported by Waters Corporation for the previous quarter, Wall Street now forecasts 37.85% EPS growth.

Among 15 analysts covering Waters Corporation (NYSE:WAT), 5 have Buy rating, 0 Sell and 10 Hold. Therefore 33% are positive. Waters Corporation had 46 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was upgraded by Zacks to “Hold” on Wednesday, August 26. The rating was reinitiated by Leerink Swann with “Outperform” on Thursday, November 10. The rating was downgraded by Zacks to “Buy” on Monday, August 24. Cowen & Co maintained Waters Corporation (NYSE:WAT) on Wednesday, September 27 with “Hold” rating. The stock has “Equal-Weight” rating by Barclays Capital on Wednesday, October 25. Jefferies maintained it with “Hold” rating and $188.0 target in Friday, October 20 report. Morgan Stanley maintained the shares of WAT in report on Wednesday, July 26 with “Underweight” rating. Jefferies maintained Waters Corporation (NYSE:WAT) on Friday, October 6 with “Hold” rating. As per Thursday, January 7, the company rating was initiated by Deutsche Bank. Robert W. Baird maintained the stock with “Buy” rating in Monday, October 23 report.

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