Aqua America Inc. (NYSE:WTR) has been given an average rating of “Hold” by the nine analysts that are currently covering the stock. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $32.67.

WTR has been the subject of a number of recent research reports. Hilliard Lyons reissued an “underperform” rating and set a $27.00 price target on shares of Aqua America in a research report on Wednesday, September 14th. Zacks Investment Research raised shares of Aqua America from a “sell” rating to a “hold” rating in a report on Wednesday, September 28th. Finally, Barclays PLC cut their target price on shares of Aqua America from $38.00 to $34.00 and set an “equal weight” rating for the company in a report on Tuesday, September 6th.

In related news, Director Richard H. Glanton sold 4,650 shares of Aqua America stock in a transaction on Tuesday, September 27th. The shares were sold at an average price of $31.20, for a total value of $145,080.00. Following the sale, the director now owns 4,583 shares of the company’s stock, valued at approximately $142,989.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.33% of the stock is currently owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in the stock. Thompson Davis & CO. Inc. boosted its stake in Aqua America by 0.5% in the second quarter. Thompson Davis & CO. Inc. now owns 3,327 shares of the company’s stock worth $119,000 after buying an additional 17 shares in the last quarter. Tuttle Tactical Management LLC boosted its stake in Aqua America by 0.5% in the second quarter. Tuttle Tactical Management LLC now owns 5,736 shares of the company’s stock worth $197,000 after buying an additional 31 shares in the last quarter. Roffman Miller Associates Inc. PA boosted its stake in Aqua America by 0.9% in the second quarter. Roffman Miller Associates Inc. PA now owns 14,219 shares of the company’s stock worth $507,000 after buying an additional 120 shares in the last quarter. Whittier Trust Co. boosted its stake in Aqua America by 3.1% in the second quarter. Whittier Trust Co. now owns 3,952 shares of the company’s stock worth $141,000 after buying an additional 120 shares in the last quarter. Finally, Murphy Capital Management Inc. boosted its stake in Aqua America by 1.3% in the second quarter. Murphy Capital Management Inc. now owns 11,262 shares of the company’s stock worth $401,000 after buying an additional 150 shares in the last quarter. 47.76% of the stock is currently owned by hedge funds and other institutional investors.

Aqua America (NYSE:WTR) traded up 1.116% during midday trading on Monday, reaching $29.435. 343,002 shares of the company were exchanged. The firm’s 50 day moving average price is $30.68 and its 200-day moving average price is $32.35. Aqua America has a 52 week low of $27.13 and a 52 week high of $35.83. The stock has a market capitalization of $5.22 billion, a P/E ratio of 25.158 and a beta of 0.43.

Aqua America (NYSE:WTR) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $0.33 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.33. Aqua America had a net margin of 25.44% and a return on equity of 13.05%. The company earned $203.88 million during the quarter, compared to analyst estimates of $209.61 million. During the same period last year, the firm posted $0.32 EPS. Aqua America’s revenue for the quarter was down .9% compared to the same quarter last year. Equities analysts forecast that Aqua America will post $1.33 EPS for the current fiscal year.

Aqua America Company Profile

Aqua America, Inc is a holding company. The Company, through its subsidiaries, provides water or wastewater services in Pennsylvania, New Jersey, Indiana and Virginia, among others. It is the holding company for its subsidiary, Aqua Pennsylvania, Inc Its market-based activities are conducted through Aqua Resources Inc and Aqua Infrastructure, LLC.

5 Day Chart for NYSE:WTR

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