Filing to Follow: Badger Meter Inc Has Another Bullish Trade, Price T Rowe Associates Inc Bought Stake!

Filing to Follow: Badger Meter Inc Has Another Bullish Trade, Price T Rowe Associates Inc  Bought Stake!

The New Price T Rowe Associates Inc Holding in Badger Meter Inc

Price T Rowe Associates Inc filed with the SEC SC 13G/A form for Badger Meter Inc. The form can be accessed here: 000008025516001325. As reported in Price T Rowe Associates Inc ’s form, the filler as of late owns 7.2% or 2,109,808 shares of the Industrials–company.

Badger Meter Inc stake is a new one for the for this institutional investor and it was filed because of activity on September 30, 2016. We feel this shows Price T Rowe Associates Inc ’s positive view for the stock. For a institutional investor managing $689.00 billion in assets and having 2216+ active experts, we at Financialmagazine have no doubt the buy is a bullish signal.

Badger Meter Inc Institutional Sentiment

Latest Security and Exchange filings show 125 investors own Badger Meter Inc. The institutional ownership in Q3 2015 is high, at 73.24% of the outstanding shares. This is increased by 10024850 the total institutional shares. 21277012 were the shares owned by these institutional investors. In total 11 funds opened new Badger Meter Inc stakes, 49 increased stakes. There were 11 that closed positions and 40 reduced them.

Morgan Dempsey Capital Management Llc is an institutional investor bullish on Badger Meter Inc, owning 36226 shares as of Q3 2015 for 0.74% of its portfolio. Dorsey & Whitney Trust Company Llc owns 47053 shares or 0.77% of its portfolio. MN Mairs & Power Inc have 1.16% of their stock portfolio for 1281928 shares. Further, Neumeier Poma Investment Counsel Llc reported stake worth 1.07% of its US stock portfolio. The PA Rodgers Brothers Inc owns 59634 shares. Badger Meter Inc is 1.74% of the manager’s US portfolio.

Business Profile

Badger Meter, Inc. is engaged in flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial customers across the world. The Company’s products, measure water, oil, chemicals and other fluids, provide and communicate timely measurement data. The Company’s product lines include two categories, such as sales of water meters and related technologies to municipal water utilities (municipal water), and sales of meters to various industries for water and other fluids (flow instrumentation). The municipal water offering includes mechanical and electronic (static) water meters and related technologies and services used by water utilities as the basis for generating water and wastewater. In the municipal water category, it is engaged in the sale of water meters and related technologies and services consisting of residential or commercial water meter sales. It is engaged in selling ultrasonic water meters.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Price T Rowe Associates Inc website.

Insitutional Activity: The institutional sentiment decreased to 0.92 in 2016 Q2. Its down 0.70, from 1.62 in 2016Q1. The ratio dropped, as 14 funds sold all Badger Meter, Inc. shares owned while 50 reduced positions. 16 funds bought stakes while 43 increased positions. They now own 11.13 million shares or 6.43% less from 11.89 million shares in 2016Q1.

Credit Suisse Ag, a Switzerland-based fund reported 12,568 shares. Kbc Gru Nv has 0.06% invested in the company for 55,706 shares. Neuberger Berman Group Incorporated Limited Company accumulated 0.05% or 483,879 shares. Cap Fund holds 0.01% of its portfolio in Badger Meter, Inc. (NYSE:BMI) for 10,300 shares. Teachers last reported 22,581 shares in the company. Natl Bank Of Montreal Can owns 8,647 shares or 0% of their US portfolio. Moreover, Springbok Management Ltd Liability Co has 0% invested in Badger Meter, Inc. (NYSE:BMI) for 252 shares. Moreover, Profund Advsr Lc has 0.01% invested in Badger Meter, Inc. (NYSE:BMI) for 2,743 shares. Moreover, California State Teachers Retirement Sys has 0% invested in Badger Meter, Inc. (NYSE:BMI) for 29,422 shares. Dimensional Fund Advisors L P has invested 0.02% of its portfolio in Badger Meter, Inc. (NYSE:BMI). Tower Rech Capital Ltd Liability Company (Trc) accumulated 0.01% or 808 shares. Nationwide Fund Advsrs holds 0% of its portfolio in Badger Meter, Inc. (NYSE:BMI) for 9,301 shares. Proshare Advisors Llc last reported 27,549 shares in the company. Fdx Advsrs reported 5,347 shares or 0.02% of all its holdings. Public Employees Retirement Association Of Colorado last reported 0% of its portfolio in the stock.

Insider Transactions: Since April 22, 2016, the stock had 0 buys, and 8 sales for $1.21 million net activity. $113,527 worth of Badger Meter, Inc. (NYSE:BMI) shares were sold by Begale Fred J. 4,500 shares were sold by SMILEY BEVERLY L P, worth $319,064 on Friday, April 22. DIX RONALD H had sold 2,000 shares worth $137,446. Another trade for 4,500 shares valued at $319,962 was made by SERDYNSKI RAYMOND G on Friday, April 22. 2,250 shares with value of $146,450 were sold by BERGUM WILLIAM R A on Monday, September 12.

Analysts await Badger Meter, Inc. (NYSE:BMI) to report earnings on October, 17. They expect $0.65 earnings per share, up 12.07% or $0.07 from last year’s $0.58 per share. BMI’s profit will be $19.02M for 12.77 P/E if the $0.65 EPS becomes a reality. After $0.65 actual earnings per share reported by Badger Meter, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

About 3,697 shares traded hands. Badger Meter, Inc. (NYSE:BMI) has declined 0.93% since March 8, 2016 and is downtrending. It has underperformed by 10.25% the S&P500.

Badger Meter, Inc. is engaged in flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial clients across the world. The company has a market cap of $971.25 million. The Company’s products, measure water, oil, chemicals and other fluids, provide and communicate timely measurement data. It has a 30.84 P/E ratio. The Company’s product lines include two categories, such as sales of water meters and related technologies to municipal water utilities , and sales of meters to various industries for water and other fluids (flow instrumentation).

Badger Meter, Inc. (NYSE:BMI) Ratings Coverage

Out of 5 analysts covering Badger Meter (NYSE:BMI), 0 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 0 are positive. $63 is the highest target while $50 is the lowest. The $55 average target is 65.66% above today’s ($33.2) stock price. Badger Meter has been the topic of 8 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Badger Meter, Inc. (NYSE:BMI) earned “Neutral” rating by Sidoti on Tuesday, April 12. Robert W. Baird upgraded the stock to “Outperform” rating in Wednesday, February 3 report. The firm has “Neutral” rating by Robert W. Baird given on Tuesday, July 21. The rating was initiated by Gabelli with “Hold” on Wednesday, October 7. The stock has “Sell” rating given by Ladenburg Thalmann on Friday, March 18. The stock of Badger Meter, Inc. (NYSE:BMI) earned “Neutral” rating by Robert W. Baird on Wednesday, April 20.

More notable recent Badger Meter, Inc. (NYSE:BMI) news were published by: Marketwatch.com which released: “Badger Meter downgraded to neutral from outperform at RW Baird” on December 21, 2009, also Wsj.com with their article: “Badger Meter Explores a Sale, With Auction Process in Early Stages” published on May 04, 2016, Forbes.com published: “Ex-Dividend Reminder: CSRA, NetEase and Badger Meter” on August 25, 2016. More interesting news about Badger Meter, Inc. (NYSE:BMI) were released by: Biztimes.com and their article: “Badger Meter opens $5.5 million customer center” published on August 04, 2016 as well as Jsonline.com‘s news article titled: “Badger Meter not planning to sell” with publication date: August 12, 2016.

According to Zacks Investment Research, “Badger Meter, Inc. is a marketer and manufacturer of products, and a provider of services, using flow measurement and control technologies serving markets worldwide. Their products are sold to water utilities, original equipment manufacturers and various industrial customers primarily operating in the following markets: water, wastewater and process waters; energy and petroleum; food and beverage; pharmaceutical; chemical; and concrete.”

BMI Company Profile

Badger Meter, Inc., incorporated on March 9, 1905, is engaged in flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial clients across the world. The Company’s products, measure water, oil, chemicals and other fluids, provide and communicate timely measurement data. The Company’s product lines include two categories, such as sales of water meters and related technologies to municipal water utilities (municipal water), and sales of meters to various industries for water and other fluids (flow instrumentation).

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