As Watts Water Technologies (WTS) Market Value Rose, Palisade Capital Management Has Upped Stake by $1.29 Million; As Ehealth (EHTH) Share Price Declined, Shareholder Hawk Ridge Management Decreased Position

May 17, 2018 - By whatsonthorold

Watts Water Technologies, Inc. (NYSE:WTS) Logo

Hawk Ridge Management Llc decreased its stake in Ehealth Inc (EHTH) by 20.06% based on its latest 2017Q4 regulatory filing with the SEC. Hawk Ridge Management Llc sold 69,300 shares as the company’s stock declined 19.71% with the market. The institutional investor held 276,098 shares of the finance company at the end of 2017Q4, valued at $4.80M, down from 345,398 at the end of the previous reported quarter. Hawk Ridge Management Llc who had been investing in Ehealth Inc for a number of months, seems to be less bullish one the $357.83 million market cap company. The stock decreased 0.21% or $0.04 during the last trading session, reaching $18.84. About 69,643 shares traded. eHealth, Inc. (NASDAQ:EHTH) has risen 26.21% since May 17, 2017 and is uptrending. It has outperformed by 14.66% the S&P500.

Palisade Capital Management Llc increased its stake in Watts Water Technologies Inc (WTS) by 8.56% based on its latest 2017Q4 regulatory filing with the SEC. Palisade Capital Management Llc bought 17,227 shares as the company’s stock rose 0.79% while stock markets declined. The hedge fund held 218,432 shares of the capital goods company at the end of 2017Q4, valued at $16.59 million, up from 201,205 at the end of the previous reported quarter. Palisade Capital Management Llc who had been investing in Watts Water Technologies Inc for a number of months, seems to be bullish on the $2.64B market cap company. The stock increased 0.45% or $0.35 during the last trading session, reaching $77.4. About 104,887 shares traded. Watts Water Technologies, Inc. (NYSE:WTS) has risen 26.34% since May 17, 2017 and is uptrending. It has outperformed by 14.79% the S&P500.

More notable recent eHealth, Inc. (NASDAQ:EHTH) news were published by: Businesswire.com which released: “eHealth Survey Reveals a Gap Between the Benefits Consumers Think All Health Insurance Plans Should Cover and …” on May 09, 2018, also Nasdaq.com with their article: “Mid-Day Market Update: DMC Global Surges Following Q1 Results; Biglari Holdings Shares Plummet” published on April 27, 2018, Seekingalpha.com published: “eHealth’s (EHTH) CEO Scott Flanders on Q1 2018 Results – Earnings Call Transcript” on April 27, 2018. More interesting news about eHealth, Inc. (NASDAQ:EHTH) were released by: Seekingalpha.com and their article: “Q1 beat and revised guidance propels eHealth, up 22%” published on April 27, 2018 as well as Benzinga.com‘s news article titled: “46 Biggest Movers From Friday” with publication date: April 30, 2018.

Among 8 analysts covering eHealth (NASDAQ:EHTH), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. eHealth had 21 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Monday, October 30. Jefferies maintained it with “Hold” rating and $1600 target in Friday, June 16 report. The company was upgraded on Friday, April 29 by Craig Hallum. The firm has “Hold” rating given on Friday, July 29 by Craig Hallum. The rating was maintained by Jefferies on Thursday, March 1 with “Hold”. The stock of eHealth, Inc. (NASDAQ:EHTH) earned “Buy” rating by Cantor Fitzgerald on Thursday, April 26. On Thursday, July 30 the stock rating was upgraded by Stifel Nicolaus to “Buy”. The firm earned “Hold” rating on Friday, August 18 by Jefferies. The stock has “Hold” rating by Jefferies on Wednesday, February 24. The firm has “Buy” rating by Craig Hallum given on Friday, August 5.

Hawk Ridge Management Llc, which manages about $300.66 million US Long portfolio, upped its stake in Orion Engineered Carbons S A (NYSE:OEC) by 38,877 shares to 826,749 shares, valued at $21.17 million in 2017Q4, according to the filing. It also increased its holding in Pdf Solutions Inc (NASDAQ:PDFS) by 66,064 shares in the quarter, for a total of 631,079 shares, and has risen its stake in Extended Stay Amer Inc (NYSE:STAY).

Analysts await eHealth, Inc. (NASDAQ:EHTH) to report earnings on July, 26. They expect $-0.73 earnings per share, up 20.65% or $0.19 from last year’s $-0.92 per share. After $-0.17 actual earnings per share reported by eHealth, Inc. for the previous quarter, Wall Street now forecasts 329.41% negative EPS growth.

Investors sentiment decreased to 0.85 in Q4 2017. Its down 0.13, from 0.98 in 2017Q3. It dropped, as 14 investors sold EHTH shares while 39 reduced holdings. 16 funds opened positions while 29 raised stakes. 16.48 million shares or 0.77% less from 16.61 million shares in 2017Q3 were reported. Hawk Ridge Capital Management Limited Partnership owns 276,098 shares or 1.6% of their US portfolio. Texas Permanent School Fund holds 11,078 shares or 0% of its portfolio. Assetmark has 0% invested in eHealth, Inc. (NASDAQ:EHTH) for 7 shares. Orbimed Advisors Ltd Llc owns 1.83M shares or 0.4% of their US portfolio. Millennium Management Limited Company reported 0% of its portfolio in eHealth, Inc. (NASDAQ:EHTH). Sei holds 688 shares. White Pine Cap Lc stated it has 53,900 shares. Comml Bank Of New York Mellon holds 0% in eHealth, Inc. (NASDAQ:EHTH) or 166,778 shares. Moreover, Prelude Cap Ltd Company has 0.12% invested in eHealth, Inc. (NASDAQ:EHTH) for 84,600 shares. Morgan Stanley holds 0% or 60,288 shares. 1,900 were accumulated by Gp One Trading L P. Pier Cap Lc invested 0.61% in eHealth, Inc. (NASDAQ:EHTH). Teachers Retirement System Of The State Of Kentucky owns 5,800 shares. Product Partners Lc invested 0.02% in eHealth, Inc. (NASDAQ:EHTH). Dimensional Fund Advisors LP owns 644,641 shares or 0% of their US portfolio.

Since March 9, 2018, it had 1 buy, and 1 insider sale for $75,258 activity. Jennings Jay Walter sold $99,258 worth of stock.

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 had 32 analyst reports since August 17, 2015 according to SRatingsIntel. On Monday, September 21 the stock rating was upgraded by Zacks to “Buy”. The firm has “Buy” rating by Stifel Nicolaus given on Sunday, December 10. Boenning & Scattergood maintained Watts Water Technologies, Inc. (NYSE:WTS) on Tuesday, February 13 with “Buy” rating. The firm earned “Hold” rating on Thursday, July 20 by Cowen & Co. The firm has “Neutral” rating by Seaport Global given on Friday, June 10. The rating was upgraded by Northcoast on Monday, September 18 to “Buy”. Northcoast maintained the stock with “Buy” rating in Thursday, January 18 report. The rating was upgraded by Cowen & Co on Monday, August 17 to “Market Perform”. The rating was downgraded by Oppenheimer on Monday, January 4 to “Perform”. Cowen & Co maintained it with “Hold” rating and $70.0 target in Monday, February 5 report.

More news for Watts Water Technologies, Inc. (NYSE:WTS) were recently published by: Businesswire.com, which released: “Watts Water Technologies Reports Strong Start to 2018” on May 03, 2018. Nasdaq.com‘s article titled: “Report: Exploring Fundamental Drivers Behind Urban Edge Properties, FLIR, Zogenix, Watts Water Technologies …” and published on April 25, 2018 is yet another important article.

Palisade Capital Management Llc, which manages about $5.40B and $2.95B US Long portfolio, decreased its stake in Cemex Sab De Cv (Prn) by 2.42M shares to 1.25M shares, valued at $1.27 million in 2017Q4, according to the filing. It also reduced its holding in Tech Data Corp (NASDAQ:TECD) by 7,500 shares in the quarter, leaving it with 2,500 shares, and cut its stake in Umh Pptys Inc (NYSE:UMH).

Since December 8, 2017, it had 0 insider purchases, and 6 sales for $7.74 million activity. 6,953 Watts Water Technologies, Inc. (NYSE:WTS) shares with value of $526,043 were sold by Nanda Munish. Shares for $1.25 million were sold by Pagano Robert J Jr on Tuesday, February 20. Melhem Elie sold 3,420 shares worth $264,493. HORNE TIMOTHY P sold 50,000 shares worth $3.86M.

eHealth, Inc. (NASDAQ:EHTH) Institutional Positions Chart

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