Watsco, Inc. (WSO) Shares Bought by Bath Savings Trust Co

Bath Savings Trust Co raised its holdings in Watsco, Inc. (NYSE:WSO) by 24.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,421 shares of the construction company’s stock after acquiring an additional 4,952 shares during the period. Bath Savings Trust Co owned about 0.08% of Watsco worth $4,094,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Winslow Evans & Crocker Inc. lifted its holdings in shares of Watsco by 300.0% in the second quarter. Winslow Evans & Crocker Inc. now owns 800 shares of the construction company’s stock valued at $123,000 after purchasing an additional 600 shares in the last quarter. San Francisco Sentry Investment Group CA bought a new stake in shares of Watsco in the second quarter valued at about $125,000. Public Employees Retirement Association of Colorado lifted its holdings in shares of Watsco by 15.7% in the second quarter. Public Employees Retirement Association of Colorado now owns 952 shares of the construction company’s stock valued at $147,000 after purchasing an additional 129 shares in the last quarter. Creative Planning lifted its holdings in shares of Watsco by 6.1% in the second quarter. Creative Planning now owns 1,039 shares of the construction company’s stock valued at $160,000 after purchasing an additional 60 shares in the last quarter. Finally, Dudley & Shanley LLC bought a new stake in shares of Watsco in the second quarter valued at about $200,000. 81.63% of the stock is owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY WARNING: “Watsco, Inc. (WSO) Shares Bought by Bath Savings Trust Co” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. & international copyright legislation. The original version of this news story can be accessed at https://ledgergazette.com/2017/10/17/watsco-inc-wso-shares-bought-by-bath-savings-trust-co.html.

A number of analysts have recently commented on the company. Zacks Investment Research upgraded Watsco from a “hold” rating to a “buy” rating and set a $169.00 price target on the stock in a report on Tuesday, August 1st. BidaskClub upgraded Watsco from a “hold” rating to a “buy” rating in a report on Friday, June 23rd. Morgan Stanley boosted their price target on Watsco from $141.00 to $151.00 and gave the company an “underweight” rating in a report on Monday, September 25th. Wolfe Research assumed coverage on Watsco in a report on Tuesday, July 11th. They issued a “market perform” rating on the stock. Finally, Stifel Nicolaus restated a “buy” rating and issued a $176.00 price target (up from $163.00) on shares of Watsco in a report on Friday, June 23rd. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. Watsco currently has an average rating of “Hold” and an average target price of $159.40.

Shares of Watsco, Inc. (WSO) traded up 0.37% during mid-day trading on Tuesday, hitting $160.05. The stock had a trading volume of 69,282 shares. The firm’s 50 day moving average price is $155.52 and its 200 day moving average price is $148.01. The company has a market cap of $5.23 billion, a P/E ratio of 29.60 and a beta of 0.84. Watsco, Inc. has a 1-year low of $128.60 and a 1-year high of $163.95.

Watsco (NYSE:WSO) last released its quarterly earnings results on Tuesday, July 25th. The construction company reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.02 by $0.05. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.29 billion. Watsco had a return on equity of 14.52% and a net margin of 4.29%. The company’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.82 EPS. Analysts predict that Watsco, Inc. will post $5.74 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Monday, October 16th will be paid a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, October 13th. This represents a $5.00 dividend on an annualized basis and a yield of 3.14%. Watsco’s dividend payout ratio

Other large investors have also bought and sold shares of the company. Winslow Evans & Crocker Inc. lifted its holdings in shares of Watsco by 300.0% in the second quarter. Winslow Evans & Crocker Inc. now owns 800 shares of the construction company’s stock valued at $123,000 after purchasing an additional 600 shares in the last quarter. San Francisco Sentry Investment Group CA bought a new stake in shares of Watsco in the second quarter valued at about $125,000. Public Employees Retirement Association of Colorado lifted its holdings in shares of Watsco by 15.7% in the second quarter. Public Employees Retirement Association of Colorado now owns 952 shares of the construction company’s stock valued at $147,000 after purchasing an additional 129 shares in the last quarter. Creative Planning lifted its holdings in shares of Watsco by 6.1% in the second quarter. Creative Planning now owns 1,039 shares of the construction company’s stock valued at $160,000 after purchasing an additional 60 shares in the last quarter. Finally, Dudley & Shanley LLC bought a new stake in shares of Watsco in the second quarter valued at about $200,000. 81.63% of the stock is owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY WARNING: “Watsco, Inc. (WSO) Shares Bought by Bath Savings Trust Co” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. & international copyright legislation. The original version of this news story can be accessed at https://ledgergazette.com/2017/10/17/watsco-inc-wso-shares-bought-by-bath-savings-trust-co.html.

A number of analysts have recently commented on the company. Zacks Investment Research upgraded Watsco from a “hold” rating to a “buy” rating and set a $169.00 price target on the stock in a report on Tuesday, August 1st. BidaskClub upgraded Watsco from a “hold” rating to a “buy” rating in a report on Friday, June 23rd. Morgan Stanley boosted their price target on Watsco from $141.00 to $151.00 and gave the company an “underweight” rating in a report on Monday, September 25th. Wolfe Research assumed coverage on Watsco in a report on Tuesday, July 11th. They issued a “market perform” rating on the stock. Finally, Stifel Nicolaus restated a “buy” rating and issued a $176.00 price target (up from $163.00) on shares of Watsco in a report on Friday, June 23rd. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. Watsco currently has an average rating of “Hold” and an average target price of $159.40.

Shares of Watsco, Inc. (WSO) traded up 0.37% during mid-day trading on Tuesday, hitting $160.05. The stock had a trading volume of 69,282 shares. The firm’s 50 day moving average price is $155.52 and its 200 day moving average price is $148.01. The company has a market cap of $5.23 billion, a P/E ratio of 29.60 and a beta of 0.84. Watsco, Inc. has a 1-year low of $128.60 and a 1-year high of $163.95.

Watsco (NYSE:WSO) last released its quarterly earnings results on Tuesday, July 25th. The construction company reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.02 by $0.05. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.29 billion. Watsco had a return on equity of 14.52% and a net margin of 4.29%. The company’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.82 EPS. Analysts predict that Watsco, Inc. will post $5.74 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Monday, October 16th will be paid a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, October 13th. This represents a $5.00 dividend on an annualized basis and a yield of 3.14%. Watsco’s dividend payout ratio (DPR) is currently 93.11%.

Watsco Profile

Watsco, Inc is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the HVAC/R distribution industry in North America. As of December 31, 2016, the Company sold a range of non-equipment products, representing more than 300,000 stock keeping units, including parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats and air quality products.

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Institutional Ownership by Quarter for Watsco (NYSE:WSO)

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