Warning Watts Water Technologies, Inc. (WTS) optimists! Elie Melhem just Unloaded 3,420 shares.; Cohen & Steers Closed-end Opportunity Fund Has 0.85 Sentiment

Company insider, Elie Melhem, President- APAC – M. East – Afr. of Watts Water Technologies Inc unloaded a total of 3,420 shares of the firm, based on a market stock price of $77.3 per share. Currently, Mr. Elie, has ownership of 30,105 shares, which accounts for 0.09% of the Company’s market capitalization. The transaction was disclosed in a SEC document on 19-02-2018.

The stock decreased 0.08% or $0.01 during the last trading session, reaching $12.71. About 58,161 shares traded. Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) has risen 16.49% since February 20, 2017 and is uptrending. It has underperformed by 0.21% the S&P500.

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 $2.63 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 28.57 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.

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.52, from 1.67 in 2017Q2. It dropped, 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. 375,085 are owned by Bancorp Of Mellon Corporation. 460,354 are owned by Millennium Mngmt Ltd Llc. Profund Advsrs Ltd Liability holds 0.01% or 4,086 shares in its portfolio. 3,947 were accumulated by Commonwealth Equity Svcs. State Common Retirement Fund holds 0% or 29,700 shares in its portfolio. Strs Ohio holds 100 shares or 0% of its portfolio. Impax Asset Management holds 2.73M shares. Qs Ltd Liability Co reported 0% in Watts Water Technologies, Inc. (NYSE:WTS). Brown Brothers Harriman And reported 73,194 shares stake. Caprock Gp accumulated 5,489 shares. Louisiana State Employees Retirement System reported 11,300 shares. California Employees Retirement invested 0.01% of its portfolio in Watts Water Technologies, Inc. (NYSE:WTS). Principal Gru holds 0.02% or 251,245 shares. Riverhead Cap Mngmt Limited Liability Company, Delaware-based fund reported 2,005 shares. Prudential Fincl has 48,103 shares for 0.01% of their portfolio.

Since August 25, 2017, it had 0 buys, and 2 selling transactions for $1.37 million activity. Melhem Elie sold 3,306 shares worth $205,323. Shares for $1.16M were sold by Pagano Robert J Jr on Friday, December 8.

Among 12 analysts covering Watts Water Technologies (NYSE:WTS), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Watts Water Technologies has $95.0 highest and $54 lowest target. $73.43’s average target is -4.82% below currents $77.15 stock price. Watts Water Technologies had 31 analyst reports since August 17, 2015 according to SRatingsIntel. Northcoast upgraded the stock to “Buy” rating in Monday, September 18 report. Goldman Sachs initiated Watts Water Technologies, Inc. (NYSE:WTS) rating on Wednesday, March 8. Goldman Sachs has “Neutral” rating and $66 target. Robert W. Baird maintained Watts Water Technologies, Inc. (NYSE:WTS) on Tuesday, February 13 with “Hold” rating. The stock has “Buy” rating by Janney Capital on Wednesday, February 14. As per Friday, May 6, the company rating was upgraded by BB&T Capital. The rating was downgraded by Oppenheimer to “Perform” on Monday, January 4. Robert W. Baird maintained Watts Water Technologies, Inc. (NYSE:WTS) rating on Wednesday, December 13. Robert W. Baird has “Hold” rating and $78.0 target. The stock of Watts Water Technologies, Inc. (NYSE:WTS) has “Neutral” rating given on Friday, June 10 by Seaport Global. On Thursday, August 3 the stock rating was maintained by Oppenheimer with “Hold”. The rating was maintained by Robert W. Baird with “Neutral” on Friday, November 3.