Buy rating was Reconfirmed at B. Riley FBR. Primo Water (NASDAQ:PRMW) Has Given TP Of $22.

June 27, 2018 - By Ashley Edward

Primo Water Corporation (NASDAQ:PRMW) Corporate Logo

Big Money Sentiment decreased to 1 in 2018 Q1. It has change of 0.65, from 2017Q4’s 1.65. The ratio dived due to Primo Water Corporation positioning: 8 sold and 30 reduced. 8 funds acquired holdings and 30 increased holdings. Investors holded 19.33 million in 2017Q4 but now own 18.99 million shares or 1.75% less.

Prelude Mgmt Ltd Liability reported 0.01% of its capital in Primo Water Corporation (NASDAQ:PRMW). First Allied Advisory holds 18,593 shs. Hawk Ridge Cap Mngmt L P has 0.31% invested in Primo Water Corporation (NASDAQ:PRMW). Portolan Management Lc holds 1.44 million shs or 1.84% of its capital. Bank Of Ny Mellon Corp reported 109,533 shs. Renaissance Ltd Liability stated it has 259,255 shs. Westwood Mngmt Il has 40,000 shs for 0.07% of their capital. Ameritas Investment Partners reported 0% of its capital in Primo Water Corporation (NASDAQ:PRMW). Jpmorgan Chase And has invested 0% in Primo Water Corporation (NASDAQ:PRMW). Goldman Sachs Gp accumulated 26,217 shs. Voya Inv Ltd Liability reported 14,347 shs. Salem Counselors holds 0.01% or 5,274 shs. Sei Invests Company holds 0% of its capital in Primo Water Corporation (NASDAQ:PRMW) for 3,486 shs. Akre Mgmt Limited Liability Co owns 1.91 million shs. 8,708 are held by Metropolitan Life Insurance Communication New York.

Primo Water Corporation registered $281,162 net activity with 3 buys and 3 selling transactions since March 9, 2018. Kilgore Jack C. bought $13,440 worth of Primo Water Corporation (NASDAQ:PRMW) on Friday, March 9. On Friday, March 9 Hass David W. bought $11,965 worth of Primo Water Corporation (NASDAQ:PRMW) or 1,000 shs. Mills David J sold $260,589 worth of Primo Water Corporation (NASDAQ:PRMW) or 18,540 shs on Monday, May 7. PRIM BILLY D had sold 808 shs worth $11,958.

Reiterated Primo Water (NASDAQ:PRMW) Rating.

After B. Riley FBR’s $22 target was revealed to clients and investors on 26 June, Primo Water (NASDAQ:PRMW) would suggest 22.84 % upside potential.

Primo Water Corporation (NASDAQ:PRMW) Ratings Coverage

Total analysts of 4 have positions in Primo Water Corp (NASDAQ:PRMW) as follows: 3 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 75%. Since March 5, 2018 according to StockzIntelligence Inc Primo Water Corp has 5 analyst reports. In Thursday, May 24 report BMO Capital Markets maintained the stock with “Market Perform” rating. On Monday, March 5 the stock of Primo Water Corporation (NASDAQ:PRMW) earned “Buy” rating by FBR Capital. On Thursday, May 24 the rating was initiated by William Blair with “Buy”. On Tuesday, June 26 FBR Capital maintained Primo Water Corporation (NASDAQ:PRMW) rating. FBR Capital has “Buy” rating and $22 target.

PRMW hit $17.91 during the last trading session after $0.6 change.Primo Water Corporation has volume of 180,222 shares. Since June 27, 2017 PRMW has risen 29.05% and is uptrending. The stock outperformed the S&P500 by 16.48%.

On August, 14. Investors wait Primo Water Corporation (NASDAQ:PRMW) to report its quarterly earnings, as reported by Faxor. Analysts have anticipation on stock’s EPS of $0.06. That’s up 185.71 % from last year’s $-0.07 EPS. PRMW’s profit could be $2.15 million with 74.63 P/E in case $0.06 EPS is revealed.

Primo Water Corporation, together with its subsidiaries, provides multi-gallon purified bottled water, self-service refill water, and water dispensers in the United States and Canada.The company has $642.17 million market cap. It operates in three divisions: Refill, Exchange, and Dispensers.The P/E ratio is 89.1. The Refill segment sells filtered drinking water dispensed directly to clients through self-service machines.

More recent Primo Water Corporation (NASDAQ:PRMW) news were brought out by Investorplace.com, Nasdaq.com and Globenewswire.com. The first one has “10 Blue-Chip Consumer Stocks to Buy” as a title and was brought out on June 15, 2018. The next is “Primo Water to Participate in the 38th Annual William Blair Growth Stock Conference” on June 11, 2018. And last was brought out on May 29, 2018, called “New Research: Key Drivers of Growth for Primo Water, Columbus McKinnon, Dominion Energy Midstream Partners, LP …”.

Primo Water Corporation (NASDAQ:PRMW) Institutional Investors Chart

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