Evoqua Water Technologies Corp (NYSE:AQUA) Shares Sold by Rhumbline Advisers

Rhumbline Advisers cut its holdings in shares of Evoqua Water Technologies Corp (NYSE:AQUA) by 2.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 97,493 shares of the company’s stock after selling 2,016 shares during the quarter. Rhumbline Advisers’ holdings in Evoqua Water Technologies were worth $1,226,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of Montreal Can lifted its stake in shares of Evoqua Water Technologies by 78.3% in the fourth quarter. Bank of Montreal Can now owns 3,155 shares of the company’s stock valued at $30,000 after purchasing an additional 1,386 shares during the period. Quantamental Technologies LLC acquired a new position in Evoqua Water Technologies during the first quarter worth about $76,000. Oppenheimer Asset Management Inc. acquired a new position in Evoqua Water Technologies during the fourth quarter worth about $75,000. Great West Life Assurance Co. Can raised its position in Evoqua Water Technologies by 121.4% during the fourth quarter. Great West Life Assurance Co. Can now owns 8,292 shares of the company’s stock worth $77,000 after acquiring an additional 4,546 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in Evoqua Water Technologies during the fourth quarter worth about $103,000.

AQUA traded down $0.03 during midday trading on Monday, reaching $14.21. 416,886 shares of the company’s stock were exchanged, compared to its average volume of 638,931. Evoqua Water Technologies Corp has a 1-year low of $7.92 and a 1-year high of $22.25. The company’s 50-day moving average price is $12.71.

Evoqua Water Technologies (NYSE:AQUA) last released its earnings results on Friday, May 10th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). The company had revenue of $348.60 million for the quarter, compared to analysts’ expectations of $351.04 million. During the same period last year, the firm posted $0.18 EPS. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year.

Evoqua Water Technologies Profile

Evoqua Water Technologies Corp. provides a range of water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and services. It operates in three segments: Industrial, Municipal, and Products. The Industrial segment offers capital systems and related recurring aftermarket services, parts, and consumables, as well as long-term and short-term service contracts, and emergency services for treating industrial process water, utility water, and wastewater.

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

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