Aqua America, Inc. (NYSE:WTR) is expected to pay $0.19 on Dec 1, 2016. The indicated annual dividend is $0.77. Shareholders owning the stock before Nov 14, 2016 will be eligible to receive the payout. Based on Aqua America, Inc.’s current price of $29.12, the dividend is 0.66%. This dividend’s record date is Nov 16, 2016 and the announcement date is Nov 3, 2016. The stock increased 1.57% or $0.45 on November 11, hitting $29.12. About 853,128 shares traded hands. Aqua America Inc (NYSE:WTR) has declined 7.61% since April 12, 2016 and is downtrending. It has underperformed by 12.60% the S&P500.
Aqua America, Inc. is a holding company. The company has a market cap of $5.25 billion. The Company, through its subsidiaries, provides water or wastewater services in Pennsylvania, New Jersey, Indiana and Virginia, among others. It has a 24.31 P/E ratio. It is the holding firm for its subsidiary, Aqua Pennsylvania, Inc.
Insitutional Activity: The institutional sentiment decreased to 1.1 in Q2 2016. Its down 0.15, from 1.25 in 2016Q1. The ratio worsened, as 19 funds sold all Aqua America Inc shares owned while 118 reduced positions. 31 funds bought stakes while 120 increased positions. They now own 81.01 million shares or 3.23% less from 83.71 million shares in 2016Q1.
Royal Bancshares Of Canada owns 380,979 shares or 0.01% of their US portfolio. Gideon Capital last reported 8,258 shares in the company. The New York-based Tower Ltd Liability (Trc) has invested 0.02% in Aqua America Inc (NYSE:WTR). Hudock Cap Grp Ltd Co has 2,691 shares for 0.05% of their US portfolio. Federated Investors Pa reported 755,627 shares or 0.08% of all its holdings. Chesapeake Asset Ltd Limited Liability Company accumulated 1.09% or 37,500 shares. Impax Asset Management Ltd has 1.12M shares for 1.99% of their US portfolio. Comerica Financial Bank accumulated 0.04% or 124,138 shares. Deutsche National Bank & Trust Ag last reported 0.01% of its portfolio in the stock. Price T Rowe Assoc Md has 0% invested in the company for 76,417 shares. Bank & Trust Of Montreal Can holds 0% or 77,665 shares in its portfolio. Agf holds 0% of its portfolio in Aqua America Inc (NYSE:WTR) for 234 shares. Raymond James & owns 156,676 shares or 0.02% of their US portfolio. Alliancebernstein Limited Partnership owns 208,254 shares or 0.01% of their US portfolio. State Treasurer State Of Michigan accumulated 0.02% or 71,116 shares.
Insider Transactions: Since September 8, 2016, the stock had 0 insider buys, and 2 insider sales for $155,344 net activity. 330 shares were sold by GLANTON RICHARD H, worth $10,264.
Aqua America Inc (NYSE:WTR) Ratings Coverage
Out of 6 analysts covering Aqua America Inc. (NYSE:WTR), 2 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 33% are positive. Aqua America Inc. has been the topic of 11 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating by Robert W. Baird given on Friday, October 14. Hilliard Lyons downgraded the shares of WTR in a report on Monday, December 21 to “Underperform” rating. The firm has “Buy” rating given on Monday, March 21 by Argus Research. Barclays Capital maintained Aqua America Inc (NYSE:WTR) on Friday, March 18 with “Equal-Weight” rating. The rating was maintained by Argus Research with “Buy” on Tuesday, January 26. Hilliard Lyons downgraded the shares of WTR in a report on Thursday, July 23 to “Hold” rating. The firm has “Buy” rating given on Tuesday, October 13 by Ladenburg Thalmann. As per Thursday, January 7, the company rating was downgraded by Ladenburg Thalmann. Barclays Capital maintained the stock with “Equal Weight” rating in Tuesday, September 6 report.
More notable recent Aqua America Inc (NYSE:WTR) news were published by: Forbes.com which released: “Aqua America Stock Getting Very Oversold” on October 06, 2016, also Fool.com with their article: “Acquisitions Continue to Drive Growth at Aqua America Inc” published on February 24, 2016, Forbes.com published: “Aqua America (WTR) Shares Enter Oversold Territory” on June 06, 2016. More interesting news about Aqua America Inc (NYSE:WTR) were released by: Businesswire.com and their article: “Aqua America Celebrated as Champion of Board Diversity by the Forum of …” published on November 11, 2016 as well as Philly.com‘s news article titled: “Did Aqua America court a power company?” with publication date: March 27, 2016.
WTR Company Profile
Aqua America, Inc. (Aqua America), incorporated on November 14, 1968, is a holding company. The Company, through its subsidiaries, provides water or wastewater services in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana and Virginia. The Firm is the holding firm for its primary subsidiary, Aqua Pennsylvania, Inc. The Company’s market activities are conducted through Aqua Resources Inc. and Aqua Infrastructure, LLC. Aqua Resources Inc. provides water and wastewater service through operating and maintenance contracts with municipal authorities and other parties in close proximity to its utility companies’ service territories; offers, through a third party, water and wastewater line repair service and protection solutions to households; inspects, cleans and repairs storm and sanitary wastewater lines; installs and tests devices that manage the contamination of potable water; creates and manufactures water and wastewater systems, and provides other market water and wastewater services. The Company’s non-regulated subsidiary, Aqua Infrastructure LLC, provides non-utility raw water supply services for firms in the natural gas drilling industry.
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