WMS Industries Inc (NYSE:WMS) Institutional Investors Sentiment Unchanged in 2017 Q2

November 15, 2017 - By Kurt Siggers

 WMS Industries Inc (NYSE:WMS) Institutional Investors Sentiment Unchanged in  2017 Q2

Sentiment for WMS Industries Inc (NYSE:WMS)

WMS Industries Inc (NYSE:WMS) institutional sentiment decreased to 1 in 2017 Q2. Its down -0.57, from 1.57 in 2017Q1. The ratio turned negative, as 42 funds started new or increased holdings, while 42 reduced and sold positions in WMS Industries Inc. The funds in our partner’s database now own: 41.35 million shares, down from 42.79 million shares in 2017Q1. Also, the number of funds holding WMS Industries Inc in their top 10 holdings was flat from 3 to 3 for the same number . Sold All: 12 Reduced: 30 Increased: 32 New Position: 10.

Advanced Drainage Systems, Inc. is engaged in designing, manufacturing and marketing of thermoplastic corrugated pipe and related water management products, primarily in North and South America, and Europe. The company has market cap of $1.18 billion. The Firm operates through two divisions: Domestic and International. It has a 50.7 P/E ratio. The Domestic segment makes and markets products throughout the United States.

About shares traded. Advanced Drainage Systems Inc (NYSE:WMS) has declined 0.13% since November 15, 2016 and is downtrending. It has underperformed by 16.83% the S&P500.

Wall Street await Advanced Drainage Systems Inc (NYSE:WMS) to release earnings on February, 8. Analysts forecast EPS of $0.17, up exactly $0.03 or 21.43 % from 2014’s $0.14 EPS. The expected WMS’s profit could reach $9.51M giving the stock 31.03 P/E in the case that $0.17 earnings per share is reported. After posting $0.29 EPS for the previous quarter, Advanced Drainage Systems Inc’s analysts now forecast -41.38 % negative EPS growth.

Berkshire Partners Llc holds 7.86% of its portfolio in Advanced Drainage Systems Inc for 2.07 million shares. Ack Asset Management Llc owns 1.38 million shares or 6.24% of their US portfolio. Moreover, American Securities Llc has 5.89% invested in the company for 2.51 million shares. The Massachusetts-based Stockbridge Partners Llc has invested 3.07% in the stock. Impax Asset Management Ltd, a United Kingdom-based fund reported 4.28 million shares.#img1#

Advanced Drainage Systems Inc (NYSE:WMS) Ratings Coverage

Ratings analysis reveals 25% of Advanced Drainage Systems’s analysts are positive. Out of 4 Wall Street analysts rating Advanced Drainage Systems, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $22.0 while the high is $32. The stock’s average target of $24.33 is 15.31% above today’s ($21.1) share price. WMS was included in 20 notes of analysts from November 24, 2015. The firm has “Neutral” rating given on Thursday, August 11 by Boenning & Scattergood. The stock of Advanced Drainage Systems Inc (NYSE:WMS) earned “Hold” rating by Deutsche Bank on Thursday, March 31. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, November 30. The firm earned “Outperform” rating on Friday, November 3 by Robert W. Baird. The rating was maintained by RBC Capital Markets on Wednesday, June 8 with “Outperform”. Robert W. Baird upgraded the stock to “Outperform” rating in Friday, January 13 report. The firm earned “Buy” rating on Wednesday, October 4 by Robert W. Baird. The company was maintained on Wednesday, February 24 by RBC Capital Markets. RBC Capital Markets maintained the shares of WMS in report on Friday, January 13 with “Sector Perform” rating. RBC Capital Markets maintained Advanced Drainage Systems Inc (NYSE:WMS) on Friday, October 7 with “Outperform” rating.

More notable recent Advanced Drainage Systems Inc (NYSE:WMS) news were published by: Nasdaq.com which released: “Advanced Drainage Systems Inc. Earnings Drop 22% In Q2” on November 02, 2017, also Nasdaq.com with their article: “Advanced Drainage Systems Inc (WMS) Chairman, President & CEO Joseph A …” published on June 08, 2017, Businesswire.com published: “Advanced Drainage Systems to Announce Second Quarter Fiscal 2018 Results on …” on October 19, 2017. More interesting news about Advanced Drainage Systems Inc (NYSE:WMS) were released by: Seekingalpha.com and their article: “Advanced Drainage Systems’ (WMS) CEO Joseph Chlapaty on Q1 2018 Results …” published on August 03, 2017 as well as Businesswire.com‘s news article titled: “Advanced Drainage Systems Announces Key Management Changes” with publication date: August 17, 2017.

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