6. CLEAN WATER AND SANITATION

Nicholas Company Inc. Buys 57,007 Shares of Evoqua Water Technologies Corp. (NYSE:AQUA)

Written by Amanda

Nicholas Company Inc. lifted its stake in shares of Evoqua Water Technologies Corp. (NYSE:AQUAGet Rating) by 103.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 111,907 shares of the company’s stock after acquiring an additional 57,007 shares during the quarter. Nicholas Company Inc. owned about 0.09% of Evoqua Water Technologies worth $4,432,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. IHT Wealth Management LLC boosted its stake in Evoqua Water Technologies by 1.5% during the 3rd quarter. IHT Wealth Management LLC now owns 24,540 shares of the company’s stock valued at $812,000 after purchasing an additional 363 shares during the period. Amalgamated Bank boosted its stake in Evoqua Water Technologies by 2.2% during the 3rd quarter. Amalgamated Bank now owns 19,036 shares of the company’s stock valued at $630,000 after purchasing an additional 402 shares during the period. Gamco Investors INC. ET AL boosted its stake in Evoqua Water Technologies by 2.3% during the 1st quarter. Gamco Investors INC. ET AL now owns 20,740 shares of the company’s stock valued at $974,000 after purchasing an additional 468 shares during the period. First Hawaiian Bank boosted its stake in Evoqua Water Technologies by 3.0% during the 4th quarter. First Hawaiian Bank now owns 17,349 shares of the company’s stock valued at $687,000 after purchasing an additional 507 shares during the period. Finally, US Bancorp DE boosted its stake in Evoqua Water Technologies by 5.5% during the 3rd quarter. US Bancorp DE now owns 11,740 shares of the company’s stock valued at $388,000 after purchasing an additional 608 shares during the period. Institutional investors own 93.46% of the company’s stock.

Evoqua Water Technologies Trading Down 0.2 %

Shares of AQUA opened at $49.49 on Tuesday. Evoqua Water Technologies Corp. has a 1 year low of $30.44 and a 1 year high of $52.30. The company has a current ratio of 1.78, a quick ratio of 1.27 and a debt-to-equity ratio of 1.15. The stock has a 50 day simple moving average of $48.60 and a 200-day simple moving average of $45.50. The stock has a market cap of $6.06 billion, a PE ratio of 79.82, a PEG ratio of 4.12 and a beta of 1.79.

Analyst Upgrades and Downgrades

AQUA has been the subject of several recent analyst reports. Citigroup increased their target price on Evoqua Water Technologies from $45.00 to $52.00 and gave the company a “neutral” rating in a research note on Wednesday, February 1st. Robert W. Baird cut Evoqua Water Technologies from an “outperform” rating to a “neutral” rating and set a $49.00 price target for the company. in a report on Wednesday, February 1st. Royal Bank of Canada cut Evoqua Water Technologies from an “outperform” rating to a “sector perform” rating and cut their price target for the company from $51.00 to $50.00 in a report on Wednesday, February 1st. Finally, Stifel Nicolaus upped their price target on Evoqua Water Technologies from $54.00 to $55.00 in a report on Wednesday, May 3rd. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $49.29.

About Evoqua Water Technologies

(Get Rating)

Evoqua Water Technologies Corp. is a holding company, which engages in the provision of water and wastewater treatment systems and technologies. It operates through the Integrated Solutions and Services and Applied Product Technologies segments. The Integrated Solutions and Services segment offers outsourced water services, capital equipment for process water and wastewater treatment, and preventive maintenance service contracts.

See Also

Want to see what other hedge funds are holding AQUA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Evoqua Water Technologies Corp. (NYSE:AQUAGet Rating).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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About the author

Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai