Highbridge Capital Management LLC boosted its position in shares of AquaVenture Holdings Ltd (NYSE:WAAS) by 32.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,646 shares of the company’s stock after buying an additional 5,325 shares during the period. Highbridge Capital Management LLC owned 0.08% of AquaVenture worth $292,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of WAAS. First Trust Advisors LP purchased a new stake in shares of AquaVenture in the second quarter valued at approximately $2,652,000. Northern Trust Corp grew its position in shares of AquaVenture by 37.7% in the second quarter. Northern Trust Corp now owns 123,470 shares of the company’s stock valued at $1,880,000 after purchasing an additional 33,824 shares in the last quarter. Ardsley Advisory Partners grew its position in shares of AquaVenture by 121.1% in the second quarter. Ardsley Advisory Partners now owns 33,158 shares of the company’s stock valued at $504,000 after purchasing an additional 18,158 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of AquaVenture by 44.5% in the second quarter. Bank of New York Mellon Corp now owns 43,290 shares of the company’s stock valued at $659,000 after purchasing an additional 13,326 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of AquaVenture by 21.4% in the second quarter. Vanguard Group Inc. now owns 488,928 shares of the company’s stock valued at $7,446,000 after purchasing an additional 86,120 shares in the last quarter. Institutional investors own 36.78% of the company’s stock.

AquaVenture Holdings Ltd (WAAS) opened at $17.29 on Wednesday. AquaVenture Holdings Ltd has a 52-week low of $10.87 and a 52-week high of $26.18. The company has a debt-to-equity ratio of 0.47, a current ratio of 5.94 and a quick ratio of 5.60.

AquaVenture (NYSE:WAAS) last issued its quarterly earnings data on Thursday, November 9th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.06). The business had revenue of $29.90 million during the quarter, compared to analysts’ expectations of $30.63 million. AquaVenture had a negative return on equity of 7.38% and a negative net margin of 22.56%. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. equities research analysts predict that AquaVenture Holdings Ltd will post -0.97 EPS for the current fiscal year.

In other AquaVenture news, CEO Douglas R. Brown acquired 14,018 shares of the stock in a transaction that occurred on Friday, September 22nd. The stock was bought at an average cost of $14.36 per share, for a total transaction of $201,298.48. Following the completion of the transaction, the chief executive officer now owns 1,484,042 shares of the company’s stock, valued at approximately $21,310,843.12. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 55.90% of the company’s stock.

A number of research firms have recently issued reports on WAAS. ValuEngine upgraded AquaVenture from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded AquaVenture from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. BidaskClub upgraded AquaVenture from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. Royal Bank of Canada reiterated a “buy” rating and issued a $19.00 price objective on shares of AquaVenture in a research report on Wednesday, October 11th. Finally, Citigroup reiterated a “buy” rating and issued a $21.00 price objective (down from $24.00) on shares of AquaVenture in a research report on Monday, October 9th. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $22.00.

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About AquaVenture

AquaVenture Holdings Limited is a multinational provider of Water-as-a-Service solutions. The Company’s segments are Seven Seas Water and Quench. The Seven Seas Water segment provides outsourced desalination solutions and wastewater treatment for governmental, municipal, industrial and hospitality customers.

Institutional Ownership by Quarter for AquaVenture (NYSE:WAAS)

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