Quantitative Investment Management LLC Raises Holdings in Watsco Inc (WSO)

Sunday, 08 Apr, 2018

The company Watsco, Inc. The SI to ENERKON SOLAR INTERNATIONAL INC's float is 0.1%. The stock decreased 0.13% or $0.11 during the last trading session, reaching $84.85. About 229,018 shares traded. The TJX Companies, Inc. It has underperformed by 8.88% the S&P500. In Monday, February 12 report JP Morgan maintained the stock with "Neutral" rating.

WSO stock traded down $3.37 during midday trading on Friday, reaching $185.88. The 8 months bullish chart indicates low risk for the $6.44 billion company. This technical setup was reported by Barchart.com. The stock now has an average rating of "Hold" and an average price target of $173.50. It closed at $0.16 lastly. WSO outperformed the S&P 500 by 10.87%. Its up 0.07, from 1 in 2017Q3. Investors holded 28.54 million in 2017Q3 but now own 29.17 million shares or 2.20% more. 101 funds opened positions while 349 raised stakes. Moreover, Canandaigua Savings Bank And Trust Co has 0.28% invested in The TJX Companies, Inc. Washington Company accumulated 174,276 shares. (NYSE:WSO). Kayne Anderson Rudnick Inv Management Limited Com has invested 0.58% in Watsco, Inc. (NYSE:TJX) for 85 shares. Ameriprise Financial holds 813,647 shares or 0.06% of its portfolio. Panagora Asset Mgmt Incorporated holds 2,303 shs or 0% of its capital. (NYSE:TJX) for 250 shares. 70,109 are held by Victory Mngmt. (NYSE:TJX) or 360,000 shares.

Svcs Corporation invested 0% in Watsco, Inc. State Of Wisconsin Invest Board reported 56,239 shs. Barbara Oil invested in 0.54% or 5,000 shares. Employees Retirement Systems Of Texas owns 114,300 shares or 0.11% of their USA portfolio. State Of Alaska Department Of Revenue holds 0.01% or 2,200 shs. (NYSE:TJX) for 50,773 shares. (NYSE:WSO). The Alabama-based Retirement Of Alabama has invested 0.03% in Watsco, Inc. Therefore 83% are positive.

Several brokerages have recently issued reports on WSO. The firm has "Outperform" rating by Robert W. Baird given on Thursday, April 21. BMO Capital Markets maintained the stock with "Buy" rating in Tuesday, September 26 report. Finally, Stephens set a $169.00 price target on Watsco and gave the company a "hold" rating in a research note on Thursday, February 8th. The stock of The TJX Companies, Inc. ValuEngine upgraded Watsco from a "hold" rating to a "buy" rating in a research note on Monday. Watsco's quarterly revenue was up 5.6% on a year-over-year basis. On Thursday, February 8 the firm has "Buy" rating given by Stifel Nicolaus. As per Sunday, December 10, the company rating was maintained by Stifel Nicolaus. Stifel Nicolaus has "Buy" rating and $191.0 target. (NYSE:WSO) with "Buy" rating. The rating was maintained by Stifel Nicolaus with "Buy" on Wednesday, April 26. (NYSE:WSO). Bnp Paribas Arbitrage accumulated 7,154 shs. Stifel Nicolaus maintained the stock with "Buy" rating in Wednesday, February 15 report. Watsco Inc. now has $6.33B valuation. (NYSE:WSO) to report earnings on April, 24. They expect $0.88 earnings per share, up 31.34 % or $0.21 from last year's $0.67 per share. WSO's profit will be $29.97 million for 52.81 P/E if the $0.88 EPS becomes a reality. The construction company reported $0.90 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.00 by ($0.10).

Investors sentiment increased to 1.86 in Q4 2017. 19 investors sold all, 73 reduced holdings as Watsco, Inc. ratio increased. 62 funds amassed holdings and 109 increased holdings. Brookstone Cap Management invested in 2,137 shares. Howland Mgmt Limited Liability, a Massachusetts-based fund reported 143,404 shares. Baillie Gifford stated it has 733,513 shares. Maryland-based Df Dent & has invested 2.07% in Watsco, Inc. (NYSE:WSO). Loring Wolcott Coolidge Fiduciary Advsrs Llp Ma holds 14,750 shs. (NYSE:WSO). 142 were accumulated by Weaver C Barksdale & Associate Inc.

Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. 350,000 are held by Cap. (NYSE:WSO) for 19,196 shares. Apg Asset Mgmt Nv owns 55,100 shs for 0.01% of their capital. (NYSE:WSO) or 108 shares.

Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico.The firm is worth $6.33 billion. It has a 32.54 P/E ratio.