Endurance Wealth Management Inc. Buys 80,119 Shares of Evoqua Water Technologies Corp. (NYSE:AQUA)

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Endurance Wealth Management Inc. boosted its stake in shares of Evoqua Water Technologies Corp. (NYSE:AQUA) by 65.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 203,234 shares of the company’s stock after buying an additional 80,119 shares during the period. Endurance Wealth Management Inc. owned approximately 0.17% of Evoqua Water Technologies worth $4,312,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Ameritas Investment Partners Inc. grew its holdings in shares of Evoqua Water Technologies by 12.6% in the second quarter. Ameritas Investment Partners Inc. now owns 7,574 shares of the company’s stock worth $141,000 after acquiring an additional 845 shares during the period. Highlander Capital Management LLC lifted its position in Evoqua Water Technologies by 2.8% during the second quarter. Highlander Capital Management LLC now owns 47,450 shares of the company’s stock valued at $883,000 after purchasing an additional 1,300 shares in the last quarter. Strs Ohio lifted its position in Evoqua Water Technologies by 3.9% during the second quarter. Strs Ohio now owns 47,500 shares of the company’s stock valued at $883,000 after purchasing an additional 1,800 shares in the last quarter. Great West Life Assurance Co. Can lifted its position in Evoqua Water Technologies by 44.6% during the second quarter. Great West Life Assurance Co. Can now owns 7,048 shares of the company’s stock valued at $130,000 after purchasing an additional 2,173 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new position in Evoqua Water Technologies during the second quarter valued at $41,000. 67.19% of the stock is owned by institutional investors.

In related news, EVP Vincent Grieco sold 26,638 shares of the firm’s stock in a transaction on Monday, October 12th. The shares were sold at an average price of $24.25, for a total transaction of $645,971.50. Following the sale, the executive vice president now owns 63,312 shares in the company, valued at $1,535,316. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder Investors Lp Aea sold 6,369,232 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $20.35, for a total transaction of $129,613,871.20. In the last 90 days, insiders have sold 7,170,679 shares of company stock worth $147,419,361. 4.93% of the stock is owned by company insiders.

Several research firms recently weighed in on AQUA. Raymond James lifted their target price on Evoqua Water Technologies from $24.00 to $26.00 and gave the company a “strong-buy” rating in a research report on Thursday, October 8th. Zacks Investment Research downgraded Evoqua Water Technologies from a “hold” rating to a “sell” rating in a research report on Thursday, October 15th. TheStreet upgraded Evoqua Water Technologies from a “d+” rating to a “c-” rating in a research report on Tuesday, July 14th. Finally, Citigroup boosted their target price on Evoqua Water Technologies from $19.00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, August 10th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $20.22.

Shares of AQUA stock traded down $0.69 on Friday, hitting $22.99. The stock had a trading volume of 5,811 shares, compared to its average volume of 823,367. The company has a quick ratio of 1.44, a current ratio of 1.92 and a debt-to-equity ratio of 1.91. The business has a 50 day moving average price of $21.93 and a 200 day moving average price of $19.24. The company has a market cap of $2.78 billion, a PE ratio of 34.32 and a beta of 2.06. Evoqua Water Technologies Corp. has a one year low of $7.09 and a one year high of $25.23.

Evoqua Water Technologies (NYSE:AQUA) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.12. Evoqua Water Technologies had a return on equity of 12.05% and a net margin of 5.76%. The firm had revenue of $347.80 million during the quarter, compared to the consensus estimate of $328.68 million. During the same period in the previous year, the company posted $0.09 earnings per share. The firm’s quarterly revenue was down 3.5% on a year-over-year basis. Equities research analysts expect that Evoqua Water Technologies Corp. will post 0.52 EPS for the current 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 for industrial, commercial, and municipal water treatment markets. It operates in two segments, Integrated Solutions and Services, and Applied Product Technologies.

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

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