Gamco Investors INC. ET AL Sells 87,035 Shares of Evoqua Water Technologies Corp (NYSE:AQUA)

Gamco Investors INC. ET AL cut its holdings in shares of Evoqua Water Technologies Corp (NYSE:AQUA) by 26.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 238,811 shares of the company’s stock after selling 87,035 shares during the period. Gamco Investors INC. ET AL’s holdings in Evoqua Water Technologies were worth $4,065,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of AQUA. Rhumbline Advisers lifted its holdings in shares of Evoqua Water Technologies by 1.6% in the third quarter. Rhumbline Advisers now owns 100,449 shares of the company’s stock valued at $1,710,000 after purchasing an additional 1,608 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new stake in shares of Evoqua Water Technologies in the second quarter valued at about $49,000. Tortoise Capital Advisors L.L.C. lifted its holdings in shares of Evoqua Water Technologies by 1,855.6% in the second quarter. Tortoise Capital Advisors L.L.C. now owns 4,752 shares of the company’s stock valued at $68,000 after purchasing an additional 4,509 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Evoqua Water Technologies by 1.6% in the second quarter. Charles Schwab Investment Management Inc. now owns 373,048 shares of the company’s stock valued at $5,313,000 after acquiring an additional 5,879 shares during the last quarter. Finally, Bank of Montreal Can increased its position in shares of Evoqua Water Technologies by 301.1% in the second quarter. Bank of Montreal Can now owns 8,407 shares of the company’s stock valued at $120,000 after acquiring an additional 6,311 shares during the last quarter.

A number of analysts recently issued reports on AQUA shares. Royal Bank of Canada reaffirmed a “buy” rating and issued a $16.00 target price on shares of Evoqua Water Technologies in a research report on Thursday, August 8th. Raymond James lifted their target price on Evoqua Water Technologies from $16.00 to $19.00 and gave the company a “strong-buy” rating in a research report on Tuesday, October 1st. Credit Suisse Group lifted their target price on Evoqua Water Technologies from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Monday, August 19th. Finally, JPMorgan Chase & Co. lifted their target price on Evoqua Water Technologies from $11.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, October 10th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $15.86.

Shares of NYSE AQUA opened at $17.44 on Friday. The business’s 50 day moving average price is $16.77 and its two-hundred day moving average price is $14.63. Evoqua Water Technologies Corp has a twelve month low of $7.92 and a twelve month high of $18.05.

Evoqua Water Technologies (NYSE:AQUA) last posted its earnings results on Tuesday, August 6th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.07). The firm had revenue of $360.30 million during the quarter, compared to the consensus estimate of $359.07 million. The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.08 earnings per share.

Evoqua Water Technologies Company 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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