Van Lanschot Kempen Investment Management N.V. Has $49.73 Million Stock Holdings in Mueller Water Products, Inc. (NYSE:MWA)

Van Lanschot Kempen Investment Management N.V. reduced its holdings in Mueller Water Products, Inc. (NYSE:MWA - Free Report) by 1.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,210,156 shares of the industrial products company's stock after selling 36,687 shares during the period. Van Lanschot Kempen Investment Management N.V. owned approximately 1.41% of Mueller Water Products worth $49,729,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in MWA. Vanguard Group Inc. boosted its holdings in Mueller Water Products by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 16,954,587 shares of the industrial products company's stock worth $381,478,000 after buying an additional 378,356 shares during the last quarter. Franklin Resources Inc. grew its holdings in Mueller Water Products by 10.1% during the third quarter. Franklin Resources Inc. now owns 8,618,782 shares of the industrial products company's stock valued at $197,456,000 after purchasing an additional 791,569 shares during the period. First Trust Advisors LP increased its stake in Mueller Water Products by 16.7% in the fourth quarter. First Trust Advisors LP now owns 4,174,938 shares of the industrial products company's stock valued at $93,936,000 after purchasing an additional 596,956 shares in the last quarter. Invesco Ltd. raised its holdings in Mueller Water Products by 79.7% in the fourth quarter. Invesco Ltd. now owns 4,014,131 shares of the industrial products company's stock worth $90,318,000 after purchasing an additional 1,780,366 shares during the period. Finally, Principal Financial Group Inc. boosted its position in shares of Mueller Water Products by 2,962.3% during the fourth quarter. Principal Financial Group Inc. now owns 3,015,009 shares of the industrial products company's stock worth $67,838,000 after purchasing an additional 2,916,552 shares in the last quarter. Institutional investors own 91.68% of the company's stock.

Mueller Water Products Stock Up 2.5 %

NYSE:MWA traded up $0.64 during trading hours on Thursday, reaching $26.44. 1,187,127 shares of the stock were exchanged, compared to its average volume of 1,581,996. The stock has a market cap of $4.14 billion, a PE ratio of 30.74, a PEG ratio of 1.43 and a beta of 1.26. Mueller Water Products, Inc. has a twelve month low of $15.84 and a twelve month high of $28.58. The firm has a 50 day moving average of $25.62 and a 200 day moving average of $24.35. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.83 and a quick ratio of 2.38.

Mueller Water Products (NYSE:MWA - Get Free Report) last released its earnings results on Tuesday, February 4th. The industrial products company reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.06. Mueller Water Products had a net margin of 10.05% and a return on equity of 21.18%. During the same period in the prior year, the company earned $0.13 earnings per share. On average, equities analysts expect that Mueller Water Products, Inc. will post 1.24 earnings per share for the current year.

Insider Activity at Mueller Water Products

In other news, Director Lydia W. Thomas sold 17,092 shares of the company's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $26.77, for a total value of $457,552.84. Following the sale, the director now directly owns 126,689 shares of the company's stock, valued at approximately $3,391,464.53. This represents a 11.89 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Brian Slobodow sold 11,132 shares of Mueller Water Products stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $24.73, for a total value of $275,294.36. Following the transaction, the director now owns 7,376 shares of the company's stock, valued at $182,408.48. The trade was a 60.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.10% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. The Goldman Sachs Group lifted their target price on Mueller Water Products from $26.00 to $29.00 and gave the stock a "neutral" rating in a report on Thursday, February 6th. StockNews.com lowered Mueller Water Products from a "buy" rating to a "hold" rating in a research report on Thursday, April 3rd. Finally, Royal Bank of Canada boosted their price objective on Mueller Water Products from $25.00 to $29.00 and gave the company a "sector perform" rating in a research report on Thursday, February 6th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $25.80.

Mueller Water Products Profile

Mueller Water Products, Inc manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally. It operates in two segments, Water Flow Solutions and Water Management Solutions.