Is Aqua America Incorporated (NYSE:WTR)’s Fuel Running High? Reports Show Less Sellers

October 13, 2017 - By Migdalia James

 Is Aqua America Incorporated (NYSE:WTR)’s Fuel Running High? Reports Show Less Sellers

Investors sentiment decreased to 1.1 in Q2 2017. Its down 0.01, from 1.11 in 2017Q1. It dived, as 25 investors sold Aqua America Inc shares while 109 reduced holdings. 26 funds opened positions while 122 raised stakes. 89.18 million shares or 1.16% more from 88.15 million shares in 2017Q1 were reported.
Legal & General Grp Incorporated Public Limited invested in 657,378 shares. Lehman Res has invested 0.13% in Aqua America Inc (NYSE:WTR). Hexavest holds 0% or 4,906 shares. Prudential Financial Inc accumulated 0.01% or 139,527 shares. Massachusetts Commerce Ma has invested 0.01% in Aqua America Inc (NYSE:WTR). 91,929 are owned by Price T Rowe Associate Inc Md. Barclays Public Limited Company invested in 27,411 shares. Rhode Island-based Amica Retiree Med Tru has invested 0.06% in Aqua America Inc (NYSE:WTR). Mercer Advisers reported 250 shares. 139,709 were reported by Comerica Bancshares. Vanguard Grp owns 17.21M shares or 0.03% of their US portfolio. Boulegeris Investments Inc holds 0.33% or 17,754 shares in its portfolio. 33,640 are owned by Profund Advisors Limited Liability Corporation. Raymond James Finance Services invested 0.02% in Aqua America Inc (NYSE:WTR). Miller Howard Invs New York, New York-based fund reported 136,356 shares.

Since June 6, 2017, it had 0 insider buys, and 2 selling transactions for $327,017 activity. $189,118 worth of Aqua America Inc (NYSE:WTR) shares were sold by FOX RICHARD SCOTT.

The stock of Aqua America Incorporated (NYSE:WTR) registered a decrease of 2.23% in short interest. WTR’s total short interest was 6.95 million shares in October as published by FINRA. Its down 2.23% from 7.11M shares, reported previously. With 345,700 shares average volume, it will take short sellers 20 days to cover their WTR’s short positions. The short interest to Aqua America Incorporated’s float is 3.92%.

About 359,780 shares traded. Aqua America Inc (NYSE:WTR) has risen 0.64% since October 13, 2016 and is uptrending. It has underperformed by 16.06% the S&P500.

Aqua America, Inc. is a holding company. The company has market cap of $6.18 billion. The Firm is engaged in providing water or wastewater services concentrated in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana and Virginia. It has a 26.58 P/E ratio. The Firm is the holding firm for its primary subsidiary, Aqua Pennsylvania, Inc.

Aqua America Inc (NYSE:WTR) Ratings Coverage

Among 8 analysts covering Aqua America Inc. (NYSE:WTR), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. Aqua America Inc. had 17 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Aqua America Inc (NYSE:WTR) earned “Underperform” rating by Hilliard Lyons on Monday, December 21. The company was upgraded on Friday, March 17 by Barclays Capital. The stock of Aqua America Inc (NYSE:WTR) earned “Buy” rating by Argus Research on Monday, March 21. The firm earned “Hold” rating on Friday, August 25 by Robert W. Baird. As per Tuesday, October 13, the company rating was maintained by Ladenburg Thalmann. The rating was initiated by Robert W. Baird on Friday, October 14 with “Neutral”. Barclays Capital maintained it with “Equal Weight” rating and $34 target in Tuesday, September 6 report. The firm has “Neutral” rating given on Thursday, January 7 by Ladenburg Thalmann. The firm has “Buy” rating by Argus Research given on Tuesday, January 26. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, March 18.

More notable recent Aqua America Inc (NYSE:WTR) news were published by: Fool.com which released: “The case for California Water Service” on March 28, 2017, also Fool.com with their article: “Why Aqua America, Inc. Shareholders Have Nothing to Worry About” published on April 11, 2017, Seekingalpha.com published: “Aqua America And American Water Works Flow Past American States Water” on August 27, 2017. More interesting news about Aqua America Inc (NYSE:WTR) were released by: Seekingalpha.com and their article: “Aqua America Is Undervalued” published on July 18, 2017 as well as Philly.com‘s news article titled: “EEOC sues Aqua America for racial discrimination” with publication date: October 04, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.