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Aqua America, Inc. (WTR) Touches $37.83 High on Nov, 30; Old National Bancorp Lifted Wells Fargo Co New (WFC) Position

Old National Bancorp increased Wells Fargo Co New (WFC) stake by 12.67% reported in 2017Q2 SEC filing. Old National Bancorp acquired 11,598 shares as Wells Fargo Co New (WFC)’s stock declined 8.66%. The Old National Bancorp holds 103,171 shares with $5.72M value, up from 91,573 last quarter. Wells Fargo Co New now has $279.77B valuation. The stock increased 0.24% or $0.13 during the last trading session, reaching $56.81. About 8.43 million shares traded. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since November 30, 2016 and is uptrending. It has underperformed by 7.03% the S&P500.

The stock of Aqua America, Inc. (NYSE:WTR) reached all time high today, Nov, 30 and still has $40.48 target or 7.00% above today’s $37.83 share price. This indicates more upside for the $6.72B company. This technical setup was reported by Barchart.com. If the $40.48 PT is reached, the company will be worth $470.47 million more. The stock increased 1.03% or $0.39 during the last trading session, reaching $37.83. About 115,661 shares traded. Aqua America, Inc. (NYSE:WTR) has risen 0.64% since November 30, 2016 and is uptrending. It has underperformed by 16.06% the S&P500.

Since June 6, 2017, it had 0 insider purchases, and 2 insider sales for $327,017 activity. FOX RICHARD SCOTT had sold 5,750 shares worth $189,118 on Tuesday, June 6. $137,899 worth of Aqua America, Inc. (NYSE:WTR) was sold by GLANTON RICHARD H on Tuesday, June 6.

Investors sentiment decreased to 1.1 in Q2 2017. Its down 0.01, from 1.11 in 2017Q1. It dropped, as 25 investors sold Aqua America, Inc. shares while 109 reduced holdings. 26 funds opened positions while 122 raised stakes. 89.18 million shares or 1.16% more from 88.15 million shares in 2017Q1 were reported. Jackson Wealth Mngmt Ltd Liability Company owns 15,005 shares or 0.16% of their US portfolio. Clark Mngmt Group Inc Inc invested in 0.01% or 6,876 shares. 91,929 were accumulated by Price T Rowe Associates Md. Inverness Counsel Limited Co has invested 0.12% in Aqua America, Inc. (NYSE:WTR). Tiaa Cref Investment Management Limited Liability Company owns 307,061 shares for 0.01% of their portfolio. Nationwide Fund Advsrs reported 301,036 shares. Janney Montgomery Scott Limited Liability Corp holds 0.04% of its portfolio in Aqua America, Inc. (NYSE:WTR) for 92,373 shares. Cape Cod Five Cents Bank holds 9,590 shares or 0.05% of its portfolio. Buckingham Asset Mngmt Ltd holds 0.07% or 9,080 shares in its portfolio. Seaward Ltd Partnership holds 6,897 shares. Baillie Gifford & Company has 0.02% invested in Aqua America, Inc. (NYSE:WTR) for 397,525 shares. 2,138 were reported by Brown Brothers Harriman And. Bokf Na owns 8,483 shares for 0.01% of their portfolio. Peak6 Invests L P has 0% invested in Aqua America, Inc. (NYSE:WTR). Voya Mngmt Ltd Co holds 0% or 49,855 shares in its portfolio.

Among 9 analysts covering Aqua America Inc. (NYSE:WTR), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Aqua America Inc. had 19 analyst reports since July 23, 2015 according to SRatingsIntel. As per Thursday, January 7, the company rating was downgraded by Ladenburg Thalmann. The company was maintained on Wednesday, November 1 by Robert W. Baird. The firm has “Hold” rating given on Friday, September 29 by Robert W. Baird. Barclays Capital maintained Aqua America, Inc. (NYSE:WTR) on Friday, March 18 with “Equal-Weight” rating. The company was downgraded on Thursday, July 23 by Hilliard Lyons. The stock of Aqua America, Inc. (NYSE:WTR) has “Overweight” rating given on Friday, March 17 by Barclays Capital. The firm earned “Overweight” rating on Friday, September 22 by Barclays Capital. Wells Fargo upgraded Aqua America, Inc. (NYSE:WTR) rating on Thursday, October 19. Wells Fargo has “Buy” rating and $40.0 target. The stock has “Neutral” rating by Robert W. Baird on Friday, October 14. Robert W. Baird maintained the shares of WTR in report on Friday, August 25 with “Hold” rating.

Analysts await Aqua America, Inc. (NYSE:WTR) to report earnings on February, 28. They expect $0.31 earnings per share, up 10.71% or $0.03 from last year’s $0.28 per share. WTR’s profit will be $55.08 million for 30.51 P/E if the $0.31 EPS becomes a reality. After $0.43 actual earnings per share reported by Aqua America, Inc. for the previous quarter, Wall Street now forecasts -27.91% negative EPS growth.

Aqua America, Inc., through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States. The company has market cap of $6.72 billion. It offers water and wastewater services through operating and maintenance contracts with municipal authorities and other parties. It has a 28.87 P/E ratio. The firm also provides water and wastewater line repair services, and protection solutions to households; and non-utility raw water supply services for firms in the natural gas drilling industry.

Among 32 analysts covering Wells Fargo & Company (NYSE:WFC), 13 have Buy rating, 5 Sell and 14 Hold. Therefore 41% are positive. Wells Fargo & Company had 103 analyst reports since July 29, 2015 according to SRatingsIntel. Keefe Bruyette & Woods downgraded Wells Fargo & Company (NYSE:WFC) on Monday, October 17 to “Mkt Perform” rating. RBC Capital Markets maintained Wells Fargo & Company (NYSE:WFC) on Thursday, June 22 with “Buy” rating. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, June 22 report. The rating was upgraded by Goldman Sachs on Monday, January 11 to “Buy”. The firm earned “Outperform” rating on Tuesday, January 12 by Keefe Bruyette & Woods. The company was upgraded on Thursday, January 7 by Citigroup. Compass Point maintained Wells Fargo & Company (NYSE:WFC) rating on Tuesday, January 19. Compass Point has “Neutral” rating and $54.0 target. The company was maintained on Wednesday, May 31 by BMO Capital Markets. On Tuesday, September 8 the stock rating was upgraded by Evercore to “Buy”. The rating was downgraded by Rafferty to “Sell” on Wednesday, April 12.

Old National Bancorp decreased Discover Finl Svcs (NYSE:DFS) stake by 7,521 shares to 10,842 valued at $674,000 in 2017Q2. It also reduced Acuity Brands Inc (NYSE:AYI) stake by 14,681 shares and now owns 4,169 shares. General Dynamics Corp (NYSE:GD) was reduced too.

Since June 8, 2017, it had 0 insider buys, and 2 selling transactions for $3.39 million activity. Mack Mary T sold $2.05 million worth of Wells Fargo & Company (NYSE:WFC) on Thursday, June 8. The insider Pelos Petros G sold $1.34M.

Investors sentiment increased to 0.88 in Q2 2017. Its up 0.12, from 0.76 in 2017Q1. It is positive, as 85 investors sold WFC shares while 685 reduced holdings. 110 funds opened positions while 566 raised stakes. 3.66 billion shares or 1.73% less from 3.73 billion shares in 2017Q1 were reported. Signature & Investment Advsr Ltd Liability Corporation holds 0.01% or 1,841 shares. Indiana Tru Mgmt holds 0.96% or 35,436 shares. Van Den Berg I Inc has 596,025 shares. Somerville Kurt F accumulated 0.12% or 10,550 shares. Hudock Capital Limited Liability Corporation reported 25,262 shares. Beese Fulmer Mgmt, a Ohio-based fund reported 4,055 shares. Cubist Systematic Strategies Limited, a Connecticut-based fund reported 39,006 shares. Pillar Pacific Cap Management Limited Liability Co has 130,854 shares. Apriem holds 83,844 shares or 1.23% of its portfolio. Willis Invest Counsel reported 373,524 shares. 7,500 are owned by Ejf Capital Ltd Company. Martingale Asset Mgmt Lp holds 6,377 shares or 0% of its portfolio. Tci Wealth Advisors has invested 0.43% in Wells Fargo & Company (NYSE:WFC). Pitcairn Company holds 39,559 shares. Cullinan Associate stated it has 157,064 shares.

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