AquaVenture Holdings Limited (NASDAQ:WAAS) Holdings Lifted by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. lifted its holdings in AquaVenture Holdings Limited (NASDAQ:WAAS) by 55.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 35,025 shares of the company’s stock after buying an additional 12,514 shares during the quarter. Schwab Charles Investment Management Inc. owned approximately 0.13% of AquaVenture Holdings Limited worth $534,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of WAAS. Wells Fargo & Company MN lifted its position in AquaVenture Holdings Limited by 271.9% in the 1st quarter. Wells Fargo & Company MN now owns 9,438 shares of the company’s stock valued at $161,000 after purchasing an additional 6,900 shares during the last quarter. DnB Asset Management AS acquired a new position in AquaVenture Holdings Limited during the 2nd quarter valued at about $445,000. Bank of New York Mellon Corp increased its stake in AquaVenture Holdings Limited by 66.9% during the 1st quarter. Bank of New York Mellon Corp now owns 29,964 shares of the company’s stock valued at $511,000 after buying an additional 12,007 shares during the period. Goldman Sachs Group Inc. increased its stake in AquaVenture Holdings Limited by 23.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 55,671 shares of the company’s stock valued at $950,000 after buying an additional 10,672 shares during the period. Finally, Geode Capital Management LLC increased its stake in AquaVenture Holdings Limited by 16.3% during the 1st quarter. Geode Capital Management LLC now owns 77,711 shares of the company’s stock valued at $1,326,000 after buying an additional 10,914 shares during the period.

In other news, CEO Douglas R. Brown purchased 14,018 shares of AquaVenture Holdings Limited stock in a transaction on Friday, September 22nd. The stock was purchased at an average price of $14.36 per share, with a total value of $201,298.48. Following the transaction, the chief executive officer now directly owns 1,484,042 shares in the company, valued at approximately $21,310,843.12. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.

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AquaVenture Holdings Limited (NASDAQ WAAS) opened at $14.45 on Tuesday. AquaVenture Holdings Limited has a 52-week low of $10.87 and a 52-week high of $26.33.

AquaVenture Holdings Limited (NASDAQ:WAAS) last announced its quarterly earnings results on Thursday, November 9th. The company reported ($0.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.06). AquaVenture Holdings Limited had a negative net margin of 18.49% and a negative return on equity of 6.11%. The company had revenue of $29.90 million during the quarter, compared to the consensus estimate of $30.63 million. The firm’s revenue was up 3.5% on a year-over-year basis.

Several equities analysts have commented on WAAS shares. Royal Bank Of Canada reissued a “buy” rating and set a $19.00 target price on shares of AquaVenture Holdings Limited in a research note on Wednesday, October 11th. Zacks Investment Research downgraded shares of AquaVenture Holdings Limited from a “hold” rating to a “sell” rating in a research report on Thursday, October 12th. Citigroup Inc. restated a “buy” rating and set a $21.00 price target (down from $24.00) on shares of AquaVenture Holdings Limited in a report on Monday, October 9th. Deutsche Bank AG reiterated a “buy” rating and issued a $25.00 target price (down from $27.00) on shares of AquaVenture Holdings Limited in a research note on Thursday, August 10th. Finally, BidaskClub lowered shares of AquaVenture Holdings Limited from a “hold” rating to a “sell” rating in a research report on Wednesday, September 13th. Two analysts have rated the stock with a sell rating, four have given a buy rating and two have assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $22.00.

AquaVenture Holdings Limited Company Profile

AquaVenture Holdings Limited is a multinational provider of Water-as-a-Service solutions. The Company’s segments are Seven Seas Water and Quench. The Seven Seas Water segment provides outsourced desalination solutions and wastewater treatment for governmental, municipal, industrial and hospitality customers.

Institutional Ownership by Quarter for AquaVenture Holdings Limited (NASDAQ:WAAS)

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