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Mitsubishi UFJ Asset Management Co. Ltd. Grows Stake in Waters Corporation $WAT
Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Waters Corporation (NYSE:WAT) by 6.5% in the third quarter, bringing their total stake to 118,869 shares valued at $35.638 million. Other institutional investors also adjusted their positions in the medical instruments supplier, which is largely owned by institutional investors and hedge funds. Waters Corporation has received a “Moderate Buy” consensus rating from analysts with an average price target of $393.84, following its recent earnings report where it beat analyst expectations for EPS and revenue.