Archford Capital Strategies Lifted Microchip Technology Com (MCHP) Holding; As Aqua America (WTR) Stock Price Declined, Holder Penn Capital Management Co Has Trimmed by $5.17 Million Its Stake

Aqua America, Inc. (NYSE:WTR) Logo

Archford Capital Strategies Llc increased its stake in Microchip Technology Inc Com (MCHP) by 9065% based on its latest 2018Q3 regulatory filing with the SEC. Archford Capital Strategies Llc bought 5,439 shares as the company’s stock declined 14.43% with the market. The institutional investor held 5,499 shares of the semiconductors company at the end of 2018Q3, valued at $434,000, up from 60 at the end of the previous reported quarter. Archford Capital Strategies Llc who had been investing in Microchip Technology Inc Com for a number of months, seems to be bullish on the $18.07 billion market cap company. The stock increased 0.70% or $0.53 during the last trading session, reaching $76.38. About 1.82M shares traded. Microchip Technology Incorporated (NASDAQ:MCHP) has declined 17.73% since January 10, 2018 and is downtrending. It has underperformed by 17.73% the S&P500. Some Historical MCHP News: 26/03/2018 – Improve Reliability and Performance in Harsh Environments with Microchip’s New Automotive MEMS Oscillators; 23/05/2018 – MICROCHIP TECHNOLOGY INC MCHP.O – PRICING OF TWO SERIES OF ITS NOTES IN AN AGGREGATE PRINCIPAL AMOUNT OF $2.0 BLN IN AN UNREGISTERED OFFERING; 08/05/2018 – Microchip Technology Declares Quarterly Cash Dividend Of 36.35 Cents Per Share; 08/05/2018 – MICROCHIP TECHNOLOGY INC – REGARDING PENDING ACQUISITION OF MICROSEMI, ON MAY 7TH, 2018, RECEIVED JAPAN ANTI-TRUST APPROVAL; 21/05/2018 – MICROCHIP TECHNOLOGY – INTENDS TO USE OFFERING PROCEEDS, CASH, BORROWINGS TO FUND CASH CONSIDERATION, OTHER AMOUNTS PAYABLE FOR MICROSEMI DEAL; 15/05/2018 – MICROCHIP TECHNOLOGY – MICROSEMI DEAL CLOSE REMAINS SUBJECT TO CERTAIN OTHER CLOSING CONDITIONS, INCLUDING APPROVAL BY TAIWAN FAIR TRADE COMMISSION; 08/05/2018 – Microchip Tech 4Q Adj EPS $1.40; 29/05/2018 – MICROCHIP TECHNOLOGY – ENTERED INTO AMENDED AND RESTATED CREDIT AGREEMENT TO EXISTING AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF MAY 18, 2018; 08/05/2018 – MICROCHIP TECHNOLOGY INC – ON PENDING ACQUISITION OF MICROSEMI, EXPECT SEVERAL OTHER COUNTRIES TO CLEAR THEIR ANTI-TRUST REVIEW THIS MONTH; 13/04/2018 – MICROCHIP TECHNOLOGY U.S. ANTITRUST CLEARANCE FOR MICROSEMI BUY

Penn Capital Management Co Inc decreased its stake in Aqua America Inc (WTR) by 67.11% based on its latest 2018Q3 regulatory filing with the SEC. Penn Capital Management Co Inc sold 46,120 shares as the company’s stock declined 6.28% with the market. The hedge fund held 22,598 shares of the public utilities company at the end of 2018Q3, valued at $2.53 million, down from 68,718 at the end of the previous reported quarter. Penn Capital Management Co Inc who had been investing in Aqua America Inc for a number of months, seems to be less bullish one the $6.01B market cap company. The stock increased 1.84% or $0.61 during the last trading session, reaching $33.75. About 263,518 shares traded. Aqua America, Inc. (NYSE:WTR) has declined 6.87% since January 10, 2018 and is downtrending. It has underperformed by 6.87% the S&P500. Some Historical WTR News: 30/04/2018 – Aqua America: Schuller Named Deputy CFO Until Smeltzer’s Formal Retirement; 30/04/2018 – AQUA AMERICA NAMES DANIEL SCHULLER CFO; 30/04/2018 – AQUA AMERICA CFO TO RETIRE; 08/05/2018 – Aqua America 1Q EPS 29c; 30/04/2018 – Aqua America Announces Changes in Executive Leadership Team; 30/04/2018 – Aqua America: CFO David Smeltzer Will Retire From His Position in Oct; 22/04/2018 – DJ Aqua America Inc, Inst Holders, 1Q 2018 (WTR); 30/04/2018 – Aqua America Daniel Schuller To Succeed Smeltzer as CFO; 30/04/2018 – Aqua Amer Announces Changes in Executive Leadership Team; 04/04/2018 – Aqua America Promotes Two Engineers to Vice President Posts

Investors sentiment decreased to 1.11 in Q3 2018. Its down 0.18, from 1.29 in 2018Q2. It fall, as 21 investors sold WTR shares while 120 reduced holdings. 51 funds opened positions while 106 raised stakes. 91.34 million shares or 2.95% less from 94.11 million shares in 2018Q2 were reported. Axa reported 12,200 shares. Gamble Jones Counsel reported 0.03% stake. Welch & Forbes Limited Liability Co has 0.01% invested in Aqua America, Inc. (NYSE:WTR) for 14,187 shares. Shine Invest Advisory Ser reported 1,156 shares. Lehman Res holds 0.13% of its portfolio in Aqua America, Inc. (NYSE:WTR) for 7,620 shares. Moreover, Citigroup Inc has 0% invested in Aqua America, Inc. (NYSE:WTR). Howe Rusling Inc holds 0.02% or 3,550 shares. Keybank National Association Oh invested in 22,897 shares or 0% of the stock. M&T National Bank & Trust Corporation invested in 98,568 shares. Asset Mgmt Inc has 8,924 shares for 0.02% of their portfolio. Clear Harbor Asset Limited Liability Corp owns 27,768 shares or 0.19% of their US portfolio. Bancshares Of America Corporation De holds 0% or 733,320 shares. Sigma Investment Counselors holds 0.03% of its portfolio in Aqua America, Inc. (NYSE:WTR) for 7,090 shares. First Trust Limited Partnership reported 970,220 shares stake. Eii Mgmt holds 0.13% or 7,231 shares in its portfolio.

Since November 14, 2018, it had 5 insider buys, and 0 sales for $1.47 million activity. $99,929 worth of stock was bought by Hilferty Daniel J III on Thursday, November 15. FOX RICHARD SCOTT bought $100,156 worth of stock or 3,096 shares. The insider Franklin Chris bought 25,421 shares worth $835,334. SCHULLER DANIEL bought $100,528 worth of stock or 3,050 shares.

Among 12 analysts covering Aqua America Inc. (NYSE:WTR), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Aqua America Inc. had 28 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Aqua America, Inc. (NYSE:WTR) earned “Hold” rating by Robert W. Baird on Thursday, March 1. The stock of Aqua America, Inc. (NYSE:WTR) earned “Equal Weight” rating by Barclays Capital on Tuesday, September 6. Argus Research maintained Aqua America, Inc. (NYSE:WTR) on Tuesday, January 26 with “Buy” rating. The stock has “Neutral” rating by Hilliard Lyons on Thursday, December 21. Boenning & Scattergood maintained Aqua America, Inc. (NYSE:WTR) rating on Thursday, August 3. Boenning & Scattergood has “Buy” rating and $3600 target. Hilliard Lyons downgraded Aqua America, Inc. (NYSE:WTR) on Thursday, July 23 to “Hold” rating. Barclays Capital maintained the shares of WTR in report on Friday, March 18 with “Equal-Weight” rating. The rating was upgraded by Boenning \u0026 Scattergood on Monday, August 20 to “Outperform”. The rating was downgraded by Ladenburg Thalmann to “Neutral” on Thursday, January 7. The stock of Aqua America, Inc. (NYSE:WTR) has “Outperform” rating given on Thursday, December 6 by Robert W. Baird.

Penn Capital Management Co Inc, which manages about $7.64 billion and $1.32B US Long portfolio, upped its stake in Keane Group Inc by 61,570 shares to 936,640 shares, valued at $12.82 million in 2018Q3, according to the filing. It also increased its holding in Orasure Technologies Inc (NASDAQ:OSUR) by 606,709 shares in the quarter, for a total of 710,653 shares, and has risen its stake in Community Bankers Tr Corp (NASDAQ:ESXB).

More notable recent Aqua America, Inc. (NYSE:WTR) news were published by: Fool.com which released: “3 Water Stocks Win Upgrades: Are Any of Them Buys? – Motley Fool” on December 06, 2018, also Seekingalpha.com with their article: “Aqua America: A Water Safe Haven – Seeking Alpha” published on April 09, 2018, Streetinsider.com published: “Aqua America (WTR) Subsidiary Reports Acquisition of Tredyffrin Township Municipal Authority’s Valley Creek Trunk Sewer System – StreetInsider.com” on December 20, 2018. More interesting news about Aqua America, Inc. (NYSE:WTR) were released by: Seekingalpha.com and their article: “Water stocks including WTR, TTEK, XYL look oversold, analyst says – Seeking Alpha” published on December 27, 2018 as well as Marketwatch.com‘s news article titled: “Water stocks are a bargain for 2019 after selloff, analyst says – MarketWatch” with publication date: December 30, 2018.

Analysts await Aqua America, Inc. (NYSE:WTR) to report earnings on February, 26. They expect $0.32 earnings per share, 0.00% or $0.00 from last year’s $0.32 per share. WTR’s profit will be $56.94 million for 26.37 P/E if the $0.32 EPS becomes a reality. After $0.44 actual earnings per share reported by Aqua America, Inc. for the previous quarter, Wall Street now forecasts -27.27% negative EPS growth.

Among 26 analysts covering Microchip Technology (NASDAQ:MCHP), 22 have Buy rating, 0 Sell and 4 Hold. Therefore 85% are positive. Microchip Technology had 90 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was upgraded by KeyBanc Capital Markets to “Buy” on Friday, March 2. The company was maintained on Friday, August 10 by Nomura. The firm has “Neutral” rating by Mizuho given on Wednesday, February 8. SunTrust maintained Microchip Technology Incorporated (NASDAQ:MCHP) rating on Thursday, March 1. SunTrust has “Hold” rating and $97.0 target. The company was upgraded on Tuesday, November 8 by Bank of America. The company was upgraded on Tuesday, January 19 by Morgan Stanley. The rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, May 9. The company was maintained on Tuesday, June 6 by Susquehanna. Morgan Stanley downgraded Microchip Technology Incorporated (NASDAQ:MCHP) on Wednesday, November 1 to “Equal-Weight” rating. The firm has “Buy” rating by Citigroup given on Tuesday, August 9.

Investors sentiment decreased to 0.97 in Q3 2018. Its down 0.13, from 1.1 in 2018Q2. It worsened, as 62 investors sold MCHP shares while 221 reduced holdings. 65 funds opened positions while 210 raised stakes. 257.56 million shares or 5.16% more from 244.93 million shares in 2018Q2 were reported. Moors And Cabot invested in 13,350 shares or 0.13% of the stock. Shelton Capital invested in 0.11% or 25,177 shares. Gulf Intl Retail Bank (Uk) Ltd invested in 0.07% or 75,479 shares. 112,000 were reported by Tegean Capital Management Limited Liability Co. Foundry Prtn stated it has 3,953 shares or 0.01% of all its holdings. Nj State Employees Deferred Compensation Plan has 25,000 shares. Fjarde Ap holds 0.04% or 37,018 shares. Brinker Cap has 0.03% invested in Microchip Technology Incorporated (NASDAQ:MCHP). Raymond James Na invested in 19,381 shares or 0.09% of the stock. American Century reported 0.24% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP). Waters Parkerson Co Ltd Liability accumulated 2.01% or 312,190 shares. Hsbc Public Ltd Llc has 0.04% invested in Microchip Technology Incorporated (NASDAQ:MCHP) for 334,090 shares. Moreover, Cibc Asset Mngmt has 0.02% invested in Microchip Technology Incorporated (NASDAQ:MCHP) for 31,485 shares. Reilly Fin Advsr Ltd Liability Company holds 0.01% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP) for 659 shares. Alphamark owns 0% invested in Microchip Technology Incorporated (NASDAQ:MCHP) for 100 shares.

More notable recent Microchip Technology Incorporated (NASDAQ:MCHP) news were published by: Seekingalpha.com which released: “54 Top Nasdaq December Dividend Dears By Yield, Upside, And Net Gains – Seeking Alpha” on December 17, 2018, also Nasdaq.com with their article: “Microchip Technology (MCHP) Beats Q2 Earnings and Revenue Estimates – Nasdaq” published on November 07, 2018, Nasdaq.com published: “Factors Setting the Tone for Microchip’s (MCHP) Q2 Earnings – Nasdaq” on November 02, 2018. More interesting news about Microchip Technology Incorporated (NASDAQ:MCHP) were released by: Nasdaq.com and their article: “Nasdaq 100 Movers: MCHP, ESRX – Nasdaq” published on August 10, 2018 as well as Nasdaq.com‘s news article titled: “SOXX, LRCX, AMD, MCHP: ETF Outflow Alert – Nasdaq” with publication date: December 14, 2018.

Since August 22, 2018, it had 0 insider purchases, and 8 sales for $1.93 million activity. The insider Bjornholt James Eric sold $134,464. $228,502 worth of Microchip Technology Incorporated (NASDAQ:MCHP) was sold by SIMONCIC RICHARD J. 4,271 shares were sold by DREHOBL STEPHEN V, worth $307,768 on Friday, November 23.

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