Mueller Water Products (NYSE:MWA) CFO Evan Hart sold 49,883 shares of the stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $12.28, for a total value of $612,563.24. Following the sale, the chief financial officer now directly owns 145,530 shares of the company’s stock, valued at $1,787,108.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Evan Hart also recently made the following trade(s):

  • On Wednesday, November 29th, Evan Hart sold 100,000 shares of Mueller Water Products stock. The shares were sold at an average price of $12.47, for a total value of $1,247,000.00.
  • On Wednesday, November 8th, Evan Hart sold 50,000 shares of Mueller Water Products stock. The shares were sold at an average price of $12.10, for a total value of $605,000.00.
  • On Friday, November 3rd, Evan Hart sold 167,016 shares of Mueller Water Products stock. The shares were sold at an average price of $12.11, for a total value of $2,022,563.76.

Mueller Water Products (NYSE MWA) traded down $0.25 during trading hours on Wednesday, hitting $12.23. The stock had a trading volume of 621,300 shares, compared to its average volume of 1,240,517. The firm has a market cap of $1,972.61, a P/E ratio of 29.02, a PEG ratio of 1.57 and a beta of 1.33. The company has a quick ratio of 3.75, a current ratio of 4.73 and a debt-to-equity ratio of 0.97. Mueller Water Products has a fifty-two week low of $10.84 and a fifty-two week high of $14.20.

Mueller Water Products (NYSE:MWA) last released its quarterly earnings results on Wednesday, November 1st. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. The business had revenue of $226.90 million during the quarter, compared to the consensus estimate of $227.14 million. Mueller Water Products had a return on equity of 15.43% and a net margin of 14.93%. The business’s revenue was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.17 EPS. equities analysts forecast that Mueller Water Products will post 0.53 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, November 20th. Stockholders of record on Friday, November 10th were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend was Thursday, November 9th. Mueller Water Products’s dividend payout ratio (DPR) is presently 21.05%.

A number of research firms have commented on MWA. Robert W. Baird reissued a “hold” rating and issued a $14.00 target price on shares of Mueller Water Products in a report on Wednesday, October 4th. Royal Bank Of Canada reissued a “buy” rating and issued a $14.00 target price on shares of Mueller Water Products in a report on Wednesday, October 11th. Cowen reissued a “hold” rating and issued a $12.00 target price on shares of Mueller Water Products in a report on Thursday, September 21st. Boenning Scattergood raised Mueller Water Products from a “neutral” rating to an “outperform” rating and set a $14.00 target price for the company in a report on Tuesday, September 5th. Finally, BidaskClub downgraded Mueller Water Products from a “buy” rating to a “hold” rating in a report on Friday, August 25th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $13.75.

Several large investors have recently added to or reduced their stakes in the company. Teacher Retirement System of Texas raised its stake in shares of Mueller Water Products by 1.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 13,074 shares of the industrial products company’s stock worth $153,000 after buying an additional 191 shares during the last quarter. Ameritas Investment Partners Inc. raised its stake in shares of Mueller Water Products by 2.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 13,730 shares of the industrial products company’s stock worth $160,000 after buying an additional 266 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of Mueller Water Products by 1.9% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 23,277 shares of the industrial products company’s stock worth $272,000 after buying an additional 424 shares during the last quarter. Amalgamated Bank raised its stake in shares of Mueller Water Products by 2.6% during the 2nd quarter. Amalgamated Bank now owns 19,603 shares of the industrial products company’s stock worth $229,000 after buying an additional 500 shares during the last quarter. Finally, Guyasuta Investment Advisors Inc. raised its stake in shares of Mueller Water Products by 1.3% during the 2nd quarter. Guyasuta Investment Advisors Inc. now owns 74,256 shares of the industrial products company’s stock worth $867,000 after buying an additional 940 shares during the last quarter. 84.32% of the stock is owned by institutional investors and hedge funds.

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Mueller Water Products Company Profile

Mueller Water Products, Inc is a manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. The Company operates through three segments: Mueller Co, Anvil and Mueller Technologies. The Mueller Co segment manufactures valves for water and gas systems, and dry-barrel and wet-barrel fire hydrants.

Insider Buying and Selling by Quarter for Mueller Water Products (NYSE:MWA)

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