Bet on Aqua America Inc. (WTR) and MGM Growth Properties LLC (MGP) Like a Pro

On Sep 09, Hilferty Daniel J III, Director bought 1,152 shares of Aqua America Inc. (NYSE: WTR), with the average selling price of the stock being $43.38 per share. The total amount realized from this purchase $49,968. A document was filed with the Securities and Exchange Commission to notify the public about the purchase of the shares.

In addition to that, Director – Hilferty Daniel J III bought an extra 1,153 shares of this stock in a transaction that took place a day before, on Aug 15, with a share bought at an average of $43.35 and a total of $49,983 was realized from this transaction. After the transaction, the Director – Hilferty Daniel J III was left with 8,720 shares of the company’s stock, which is currently worth around $378012.0.

The recent price movement of WTR means that it is now up by 1.92% from its 52-week high and 45.72% up against its 52-week low prices. Over the past one week, the price volatility of WTR stands at 1.27% while the volatility over the past one month is 1.23%. The beta score for this stock is 0.34. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company published its latest quarterly earnings, with the report showing that the company recorded 0.31 earnings per share (EPS) during that period. This report was met the expectations of analysts of 0.31 by 0. The revenue by the firm was 226M for the quarter.

The shares of Aqua America Inc. (WTR) gained by 1.92%, leading to a gain of $0.92 per share, and saw WTR end the trading session at $48.89 on Wednesday 01/15/20. WTR started the trading session at $48.03, before reaching a daily high of $49.02. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $48.03.

The trading volume on Wednesday stood at 1137176, which was below the stock’s 3-month average volume of 1.53 million shares, out of a total 215.38M shares. As the price of the stock climbed, the market valuation of the company gained to 10.53 billion.

The shares of MGM Growth Properties LLC (NYSE: MGP) went down by 0.00% by the end of the recent trading session. This movement saw its price plunge to close at $30.97, which was equal to the previous closing price of $30.97. Over the past one week, the price of MGP has jumped by 1.67%, while it has recorded a gain of 5.77% over the past one month. Its three-month performance saw MGP gain 3.54% while its six-month performance saw it surge by 3.10%. The situation is different though over the past one year, as the stock price went up by 8.29%, while its year-to-date (YTD) price performance slipped by 0.00%. The stock price has gone up by +8.14% compared to its 90-day low, while it is down -6.46% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Sell. In the short-term, the stock has a 20-day average volume of 1,311,205 shares, with the short-term indicators averagely rating the stock as a 50% Sell. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,847,530 shares and the indicators have an average rating of 100% Buy. The last indicators, the long-term see MGP stock with a 100-Day average volume of 1,324,301 shares, giving it an average rating of 50% Buy. A look at the general picture of all short, medium and long-term indicators leaves MGP with an average rating of 24% Buy.

Several brokerage firms sent out their reports MGP stock not long ago. In its report sent out on January 15, 2020, Robert W. Baird lowered its ratings on MGP from a Outperform to a Neutral. In an earlier report on December 10, 2019, Citigroup Resumed the stock to a Neutral. Macquarie meanwhile in its report on October 25, 2019 Initiated its rating of the stock to “Outperform”.

In related news to the company’s stock, around 79.40% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 216 institutions currently hold the MGP stock. In the last quarter, a 95,307,486 MGP shares were in the possession of institutions. On the other hand, the company recorded 40 new institutions who bought it their stock, while 17 institutions sold their entire MGP reserve. Of the current institutions investing in the stock, 120 increased their investment while 67 decreased their investment in the stock.