Signaturefd LLC Raises Stock Position in Evoqua Water Technologies Corp. (NYSE:AQUA) – Defense World
Posted by admin on Jul 31st, 2022 
Signaturefd LLC lifted its stake in shares of Evoqua Water Technologies Corp. (NYSE:AQUA – Get Rating) by 472.3% during the first quarter, HoldingsChannel.com reports. The fund owned 641 shares of the company’s stock after buying an additional 529 shares during the quarter. Signaturefd LLC’s holdings in Evoqua Water Technologies were worth $30,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of AQUA. Fifth Third Bancorp increased its position in shares of Evoqua Water Technologies by 548.0% during the first quarter. Fifth Third Bancorp now owns 648 shares of the company’s stock worth $30,000 after acquiring an additional 548 shares during the period. Nvwm LLC increased its holdings in Evoqua Water Technologies by 76.7% during the fourth quarter. Nvwm LLC now owns 1,060 shares of the company’s stock valued at $48,000 after buying an additional 460 shares during the period. Parallel Advisors LLC purchased a new position in Evoqua Water Technologies during the first quarter valued at approximately $54,000. Hardy Reed LLC purchased a new position in Evoqua Water Technologies during the first quarter valued at approximately $66,000. Finally, Belpointe Asset Management LLC increased its holdings in Evoqua Water Technologies by 13.2% during the first quarter. Belpointe Asset Management LLC now owns 3,206 shares of the company’s stock valued at $151,000 after buying an additional 375 shares during the period. 91.85% of the stock is owned by hedge funds and other institutional investors.
Shares of AQUA opened at $38.11 on Friday. The company has a market cap of $4.62 billion, a price-to-earnings ratio of 86.62, a price-to-earnings-growth ratio of 3.30 and a beta of 1.76. Evoqua Water Technologies Corp. has a twelve month low of $30.44 and a twelve month high of $49.38. The company has a quick ratio of 1.30, a current ratio of 1.80 and a debt-to-equity ratio of 1.44. The company has a 50 day moving average of $34.27 and a two-hundred day moving average of $39.29.
Evoqua Water Technologies (NYSE:AQUA – Get Rating) last announced its earnings results on Tuesday, May 3rd. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02. The company had revenue of $426.70 million during the quarter, compared to the consensus estimate of $412.54 million. Evoqua Water Technologies had a net margin of 3.36% and a return on equity of 13.25%. Evoqua Water Technologies’s revenue was up 23.1% compared to the same quarter last year. During the same period last year, the firm earned $0.11 earnings per share. As a group, analysts predict that Evoqua Water Technologies Corp. will post 0.73 earnings per share for the current fiscal year.
Several equities analysts recently issued reports on AQUA shares. Stifel Nicolaus cut their price objective on shares of Evoqua Water Technologies from $55.00 to $43.00 in a report on Wednesday, July 20th. Credit Suisse Group set a $43.00 price objective on shares of Evoqua Water Technologies in a report on Tuesday, July 19th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $45.71.
(Get Rating)
Evoqua Water Technologies Corp. provides water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and contract services for industrial, commercial, and municipal water treatment markets in the United States and internationally. It operates in two segments, Integrated Solutions and Services, and Applied Product Technologies.
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:AQUA – Get Rating).
Receive News & Ratings for Evoqua Water Technologies Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Evoqua Water Technologies and related companies with MarketBeat.com’s FREE daily email newsletter.
Signaturefd LLC Buys 334 Shares of PriceSmart, Inc. (NASDAQ:PSMT)
Signaturefd LLC Acquires New Position in Blackrock Innovation & Growth Trust (NYSE:BIGZ)