Badger Meter, Inc. (NYSE:BMI) Shares Bought by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC raised its holdings in Badger Meter, Inc. (NYSE:BMI) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,204 shares of the scientific and technical instruments company’s stock after purchasing an additional 50 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Badger Meter were worth $1,316,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of BMI. R Squared Ltd acquired a new position in Badger Meter in the fourth quarter valued at $28,000. Heck Capital Advisors LLC acquired a new position in Badger Meter in the fourth quarter valued at $39,000. ORG Partners LLC acquired a new position in Badger Meter in the fourth quarter valued at $42,000. Blue Trust Inc. increased its stake in Badger Meter by 1,016.7% in the third quarter. Blue Trust Inc. now owns 201 shares of the scientific and technical instruments company’s stock valued at $44,000 after purchasing an additional 183 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of Badger Meter by 61.3% during the third quarter. GAMMA Investing LLC now owns 805 shares of the scientific and technical instruments company’s stock worth $176,000 after acquiring an additional 306 shares during the period. 89.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BMI. Robert W. Baird boosted their price target on shares of Badger Meter from $184.00 to $203.00 and gave the stock a “neutral” rating in a research note on Friday, October 18th. Stifel Nicolaus boosted their price target on shares of Badger Meter from $208.00 to $209.00 and gave the stock a “hold” rating in a research note on Monday. Finally, Maxim Group boosted their price target on shares of Badger Meter from $235.00 to $245.00 and gave the stock a “buy” rating in a research note on Monday. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $218.75.

Badger Meter Trading Up 0.6 %

Shares of BMI opened at $217.01 on Wednesday. The firm’s 50-day moving average is $217.31 and its two-hundred day moving average is $211.62. Badger Meter, Inc. has a twelve month low of $139.50 and a twelve month high of $239.11. The firm has a market capitalization of $6.38 billion, a P/E ratio of 51.30, a PEG ratio of 2.36 and a beta of 0.78.

Badger Meter (NYSE:BMI) last issued its earnings results on Friday, January 31st. The scientific and technical instruments company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.03. Badger Meter had a net margin of 15.12% and a return on equity of 21.77%. Analysts predict that Badger Meter, Inc. will post 4.76 EPS for the current year.

Badger Meter Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were given a dividend of $0.34 per share. The ex-dividend date was Friday, November 22nd. This represents a $1.36 annualized dividend and a yield of 0.63%. Badger Meter’s payout ratio is currently 32.15%.

Badger Meter Profile

Badger Meter, Inc manufactures and markets flow measurement, quality, control, and communication solutions worldwide. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities market. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives.