Universal Beteiligungs und Servicegesellschaft mbH Has $1.05 Million Holdings in Mueller Water Products $MWA

Universal Beteiligungs und Servicegesellschaft mbH cut its stake in Mueller Water Products (NYSE:MWA) by 62.9% in the third quarter, Holdings Channel.com reports. The firm owned 41,181 shares of the industrial products company’s stock after selling 69,868 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Mueller Water Products were worth $1,051,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in MWA. Cullen Frost Bankers Inc. raised its position in shares of Mueller Water Products by 112.5% during the second quarter. Cullen Frost Bankers Inc. now owns 1,294 shares of the industrial products company’s stock valued at $31,000 after buying an additional 685 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in Mueller Water Products by 31.0% during the third quarter. Nisa Investment Advisors LLC now owns 2,427 shares of the industrial products company’s stock valued at $62,000 after acquiring an additional 575 shares during the period. Creative Financial Designs Inc. ADV increased its stake in Mueller Water Products by 355.4% during the second quarter. Creative Financial Designs Inc. ADV now owns 2,842 shares of the industrial products company’s stock valued at $68,000 after acquiring an additional 2,218 shares during the period. AlphaQuest LLC acquired a new position in Mueller Water Products in the 2nd quarter valued at approximately $71,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Mueller Water Products by 677.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,204 shares of the industrial products company’s stock worth $77,000 after acquiring an additional 2,792 shares during the period. Institutional investors own 91.68% of the company’s stock.

Insider Transactions at Mueller Water Products

In other Mueller Water Products news, Director Brian C. Healy bought 1,125 shares of Mueller Water Products stock in a transaction dated Wednesday, January 7th. The shares were acquired at an average cost of $24.41 per share, with a total value of $27,461.25. Following the acquisition, the director directly owned 17,925 shares of the company’s stock, valued at $437,549.25. The trade was a 6.70% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Todd P. Helms sold 15,094 shares of the firm’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $24.62, for a total value of $371,614.28. Following the sale, the senior vice president directly owned 85,917 shares of the company’s stock, valued at $2,115,276.54. This represents a 14.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Mueller Water Products in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $29.00.

Mueller Water Products Price Performance

Mueller Water Products stock opened at $27.08 on Friday. The business has a 50 day simple moving average of $25.08 and a 200 day simple moving average of $25.26. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.54 and a quick ratio of 2.41. The company has a market capitalization of $4.23 billion, a PE ratio of 22.38, a price-to-earnings-growth ratio of 1.28 and a beta of 1.18. Mueller Water Products has a one year low of $22.01 and a one year high of $28.58.

Mueller Water Products (NYSE:MWA) last announced its quarterly earnings results on Thursday, November 6th. The industrial products company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.04. The firm had revenue of $380.80 million for the quarter, compared to analysts’ expectations of $362.32 million. Mueller Water Products had a return on equity of 22.75% and a net margin of 13.41%.The business’s revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.22 earnings per share. On average, sell-side analysts forecast that Mueller Water Products will post 1.24 EPS for the current fiscal year.

Mueller Water Products Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Tuesday, February 10th will be given a $0.07 dividend. The ex-dividend date is Tuesday, February 10th. This represents a $0.28 dividend on an annualized basis and a yield of 1.0%. Mueller Water Products’s payout ratio is 23.14%.

Mueller Water Products Company Profile

Mueller Water Products, Inc is a leading provider of water infrastructure and flow control products and services designed to help water utilities and municipalities manage, control and measure their water distribution systems. The company’s portfolio includes a comprehensive range of products such as fire hydrants, valves, pipe repair systems, fittings and couplings, along with advanced metering and monitoring solutions. By combining traditional mechanical components with digital technologies, Mueller Water Products addresses the critical need for reliable and sustainable water distribution across North America.

The company’s operations are organized around two primary business segments.