Public Employees Retirement Association of Colorado Has $9.54 Million Stock Position in Evoqua Water Technologies Corp (NYSE:AQUA)

Public Employees Retirement Association of Colorado raised its holdings in Evoqua Water Technologies Corp (NYSE:AQUA) by 12.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 670,235 shares of the company’s stock after acquiring an additional 72,135 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Evoqua Water Technologies were worth $9,544,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Aperio Group LLC purchased a new position in Evoqua Water Technologies during the 2nd quarter valued at $144,000. Los Angeles Capital Management & Equity Research Inc. increased its position in Evoqua Water Technologies by 58.9% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 41,750 shares of the company’s stock valued at $595,000 after purchasing an additional 15,470 shares during the period. Steward Partners Investment Advisory LLC purchased a new position in Evoqua Water Technologies during the 2nd quarter valued at $49,000. Commonwealth Equity Services LLC increased its position in Evoqua Water Technologies by 23.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 38,905 shares of the company’s stock valued at $554,000 after purchasing an additional 7,400 shares during the period. Finally, LGT Capital Partners LTD. grew its position in shares of Evoqua Water Technologies by 17.7% in the 2nd quarter. LGT Capital Partners LTD. now owns 306,000 shares of the company’s stock worth $4,357,000 after buying an additional 46,000 shares during the period.

A number of research firms have recently weighed in on AQUA. 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. Citigroup downgraded shares of Evoqua Water Technologies from a “buy” rating to a “neutral” rating and set a $16.00 target price on the stock. in a research report on Monday, July 8th. Four analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $15.71.

Shares of AQUA stock opened at $14.49 on Friday. Evoqua Water Technologies Corp has a one year low of $7.92 and a one year high of $19.86. The company’s 50-day moving average is $14.13 and its 200 day moving average is $13.23.

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

See Also: SEC Filing

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

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