Evoqua Water Technologies Corp. (NYSE:AQUA) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its stake in Evoqua Water Technologies Corp. (NYSE:AQUA) by 78.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,250 shares of the company’s stock after selling 15,600 shares during the period. Nisa Investment Advisors LLC’s holdings in Evoqua Water Technologies were worth $144,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Ameritas Investment Company LLC purchased a new stake in shares of Evoqua Water Technologies in the first quarter valued at approximately $26,000. CoreFirst Bank & Trust purchased a new stake in shares of Evoqua Water Technologies in the first quarter valued at approximately $53,000. Benjamin F. Edwards & Company Inc. boosted its stake in shares of Evoqua Water Technologies by 32.2% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 3,591 shares of the company’s stock valued at $94,000 after buying an additional 875 shares in the last quarter. US Bancorp DE boosted its stake in shares of Evoqua Water Technologies by 2,762.5% in the first quarter. US Bancorp DE now owns 5,038 shares of the company’s stock valued at $133,000 after buying an additional 4,862 shares in the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Evoqua Water Technologies in the second quarter valued at approximately $200,000. 93.99% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts recently weighed in on AQUA shares. Robert W. Baird lifted their price target on Evoqua Water Technologies from $32.00 to $41.00 and gave the company an “outperform” rating in a research note on Wednesday, August 4th. Zacks Investment Research downgraded Evoqua Water Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday. Credit Suisse Group boosted their target price on Evoqua Water Technologies from $37.00 to $38.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 4th. Citigroup boosted their target price on Evoqua Water Technologies from $31.00 to $37.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 4th. Finally, Royal Bank of Canada boosted their target price on Evoqua Water Technologies from $34.00 to $38.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 16th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $35.22.

Shares of NYSE:AQUA opened at $37.14 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.79 and a debt-to-equity ratio of 1.43. Evoqua Water Technologies Corp. has a 52-week low of $18.60 and a 52-week high of $39.95. The stock’s fifty day simple moving average is $35.99 and its 200-day simple moving average is $31.52. The company has a market capitalization of $4.45 billion, a P/E ratio of 80.74 and a beta of 1.90.

Evoqua Water Technologies (NYSE:AQUA) last issued its quarterly earnings data on Tuesday, August 3rd. The company reported $0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.02). The company had revenue of $369.68 million during the quarter, compared to analysts’ expectations of $364.15 million. Evoqua Water Technologies had a net margin of 3.93% and a return on equity of 13.58%. The firm’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.20 earnings per share. On average, sell-side analysts anticipate that Evoqua Water Technologies Corp. will post 0.6 earnings per share for the current year.

In related news, EVP Herve Fages sold 8,111 shares of the company’s stock in a transaction on Friday, August 6th. The stock was sold at an average price of $36.51, for a total value of $296,132.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Martin Lamb sold 50,000 shares of the company’s stock in a transaction dated Tuesday, July 6th. The stock was sold at an average price of $33.02, for a total value of $1,651,000.00. The disclosure for this sale can be found here. Insiders sold 150,959 shares of company stock valued at $5,187,750 over the last quarter. Insiders own 4.39% of the company’s stock.

Evoqua Water Technologies Profile

Evoqua Water Technologies Corp. is a holding company, which engages in the provision of water treatment solutions. It operates through the Integrated Solutions and Services and Applied Product Technologies business segments. The Integrated Solutions and Services segment focuses on engaging directly with end users.

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Institutional Ownership by Quarter for Evoqua Water Technologies (NYSE:AQUA)

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