1,741,264 Shares in Evoqua Water Technologies Corp (AQUA) Purchased by Citadel Advisors LLC

Citadel Advisors LLC purchased a new stake in shares of Evoqua Water Technologies Corp (NYSE:AQUA) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,741,264 shares of the company’s stock, valued at approximately $41,285,000.

Several other hedge funds have also made changes to their positions in the stock. American International Group Inc. purchased a new stake in shares of Evoqua Water Technologies during the 4th quarter valued at approximately $516,000. Waratah Capital Advisors Ltd. purchased a new stake in shares of Evoqua Water Technologies during the 4th quarter valued at approximately $1,376,000. BlackRock Inc. purchased a new stake in shares of Evoqua Water Technologies during the 4th quarter valued at approximately $53,602,000. Bank of New York Mellon Corp purchased a new stake in Evoqua Water Technologies in the 4th quarter worth approximately $2,464,000. Finally, Rhumbline Advisers purchased a new stake in Evoqua Water Technologies in the 4th quarter worth approximately $459,000.

Several research firms have issued reports on AQUA. Robert W. Baird increased their target price on shares of Evoqua Water Technologies from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 7th. Stifel Nicolaus lowered their target price on shares of Evoqua Water Technologies from $26.00 to $24.00 and set a “hold” rating on the stock in a research note on Wednesday, February 7th. Cowen reiterated a “buy” rating and issued a $26.00 target price on shares of Evoqua Water Technologies in a research note on Tuesday, January 30th. Goldman Sachs Group began coverage on shares of Evoqua Water Technologies in a research note on Monday, November 27th. They issued a “neutral” rating and a $22.00 target price on the stock. Finally, Citigroup began coverage on shares of Evoqua Water Technologies in a research note on Monday, November 27th. They issued a “buy” rating and a $26.00 target price on the stock. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $24.63.

Shares of Evoqua Water Technologies Corp (AQUA) opened at $22.74 on Monday. Evoqua Water Technologies Corp has a 52 week low of $19.10 and a 52 week high of $25.04. The stock has a market cap of $2,580.00 and a P/E ratio of 284.25.

Evoqua Water Technologies (NYSE:AQUA) last posted its earnings results on Tuesday, February 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.02. Evoqua Water Technologies had a negative net margin of 1.01% and a negative return on equity of 5.33%. The business had revenue of $297.05 million for the quarter, compared to analysts’ expectations of $291.38 million. During the same period in the prior year, the company posted ($0.13) EPS. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year.

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Evoqua Water Technologies Company Profile

Evoqua Water Technologies Corp. is focused on providing water treatment solutions. The Company is offering services, systems and technologies to support customers’ full water lifecycle needs. The Company offers a comprehensive portfolio of differentiated, proprietary technology solutions. The Company operates through three segments Industrial, Municipal and Products.

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Institutional Ownership by Quarter for Evoqua Water Technologies (NYSE:AQUA)

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