Equities research analysts forecast that Aqua America Inc (NYSE:WTR) will report $204.65 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Aqua America’s earnings. The highest sales estimate is $210.80 million and the lowest is $201.00 million. Aqua America posted sales of $196.80 million during the same quarter last year, which suggests a positive year-over-year growth rate of 4%. The firm is scheduled to announce its next earnings report after the market closes on Tuesday, February 27th.

On average, analysts expect that Aqua America will report full year sales of $204.65 million for the current fiscal year, with estimates ranging from $807.00 million to $883.10 million. For the next financial year, analysts forecast that the company will report sales of $885.44 million per share, with estimates ranging from $845.14 million to $925.00 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that follow Aqua America.

Several research firms recently weighed in on WTR. Robert W. Baird reiterated a “hold” rating and issued a $32.00 target price on shares of Aqua America in a research note on Wednesday, November 1st. Zacks Investment Research cut shares of Aqua America from a “buy” rating to a “hold” rating in a research note on Sunday, January 21st. Hilliard Lyons upgraded shares of Aqua America from an “underperform” rating to a “neutral” rating in a research note on Thursday, December 21st. Argus raised their price target on shares of Aqua America from $37.00 to $41.00 and gave the stock a “buy” rating in a research note on Wednesday, December 13th. Finally, Wells Fargo & Co upgraded shares of Aqua America from a “market perform” rating to an “outperform” rating and set a $40.00 price target for the company in a research note on Thursday, October 19th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Aqua America currently has an average rating of “Buy” and an average price target of $39.17.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Ameritas Investment Partners Inc. lifted its stake in Aqua America by 1.3% during the second quarter. Ameritas Investment Partners Inc. now owns 67,048 shares of the utilities provider’s stock worth $2,232,000 after purchasing an additional 839 shares during the period. New York State Common Retirement Fund raised its stake in shares of Aqua America by 0.3% in the third quarter. New York State Common Retirement Fund now owns 501,400 shares of the utilities provider’s stock valued at $16,641,000 after acquiring an additional 1,400 shares during the last quarter. Boulegeris Investments Inc. raised its stake in shares of Aqua America by 8.2% in the third quarter. Boulegeris Investments Inc. now owns 19,204 shares of the utilities provider’s stock valued at $637,000 after acquiring an additional 1,450 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Aqua America by 31.8% in the third quarter. IFP Advisors Inc now owns 6,196 shares of the utilities provider’s stock valued at $206,000 after acquiring an additional 1,495 shares during the last quarter. Finally, Penobscot Investment Management Company Inc. raised its stake in shares of Aqua America by 7.6% in the third quarter. Penobscot Investment Management Company Inc. now owns 21,115 shares of the utilities provider’s stock valued at $701,000 after acquiring an additional 1,500 shares during the last quarter. Hedge funds and other institutional investors own 51.69% of the company’s stock.

Aqua America (NYSE:WTR) traded up $0.57 during midday trading on Friday, hitting $33.70. 1,022,734 shares of the company traded hands, compared to its average volume of 868,474. The company has a current ratio of 0.55, a quick ratio of 0.48 and a debt-to-equity ratio of 1.01. Aqua America has a twelve month low of $29.56 and a twelve month high of $39.55. The company has a market capitalization of $5,886.89, a PE ratio of 25.34, a PEG ratio of 4.18 and a beta of 0.45.

The firm also recently declared a mar 18 dividend, which will be paid on Thursday, March 1st. Shareholders of record on Friday, February 16th will be paid a dividend of $0.2047 per share. This represents a yield of 0.00579722458227131%. The ex-dividend date is Thursday, February 15th. Aqua America’s dividend payout ratio is 61.65%.

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About Aqua America

Aqua America, Inc is a holding company. The Company is engaged in providing water or wastewater services concentrated in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana and Virginia. The Company is the holding company for its primary subsidiary, Aqua Pennsylvania, Inc Its market-based activities are conducted through Aqua Resources, Inc (Aqua Resources) and Aqua Infrastructure, LLC (Aqua Infrastructure).

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