Badger Meter Inc (NYSE:BMI) Institutional Investor Sentiment Trend

Sentiment for Badger Meter Inc (NYSE:BMI)

Badger Meter Inc (NYSE:BMI) institutional sentiment decreased to 1.55 in 2019 Q1. Its down -0.07, from 1.62 in 2018Q4. The ratio dropped, as 96 hedge funds increased and opened new holdings, while 62 sold and reduced equity positions in Badger Meter Inc. The hedge funds in our partner’s database now own: 21.77 million shares, down from 22.54 million shares in 2018Q4. Also, the number of hedge funds holding Badger Meter Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 55 Increased: 57 New Position: 39.

Badger Meter, Inc. provides flow measurement, control, and communication solutions worldwide. The company has market cap of $1.54 billion. It offers mechanical and electronic water meters, and related technologies and services to municipal water utilities; and meters and valves to measure and control materials flowing through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases, as well as for use in water/wastewater, heating, ventilating and air conditioning, gas and oil, chemical and petrochemical, test and measurement, automotive aftermarket, and the concrete construction process industries. It has a 42.73 P/E ratio. The firm provides flow instrumentation technologies to original equipment manufacturers as the primary flow measurement device within a product or system; ORION Migratable for mobile meter reading; ORION Fixed Network for traditional fixed network applications; and ORION Cellular for infrastructure-free meter reading.

The stock decreased 0.45% or $0.24 during the last trading session, reaching $52.98. About 166,392 shares traded or 11.46% up from the average. Badger Meter, Inc. (NYSE:BMI) has risen 6.24% since August 16, 2018 and is uptrending. It has outperformed by 6.24% the S&P500.

Analysts await Badger Meter, Inc. (NYSE:BMI) to report earnings on October, 16. They expect $0.42 earnings per share, down 8.70 % or $0.04 from last year’s $0.46 per share. BMI’s profit will be $12.22 million for 31.54 P/E if the $0.42 EPS becomes a reality. After $0.39 actual earnings per share reported by Badger Meter, Inc. for the previous quarter, Wall Street now forecasts 7.69 % EPS growth.

Copeland Capital Management Llc holds 1.81% of its portfolio in Badger Meter, Inc. for 470,820 shares. Rodgers Brothers Inc. owns 106,021 shares or 1.68% of their US portfolio. Moreover, First Personal Financial Services has 0.61% invested in the company for 36,159 shares. The Minnesota-based Mairs & Power Inc has invested 0.58% in the stock. Kayne Anderson Rudnick Investment Management Llc, a California-based fund reported 1.51 million shares.

More notable recent Badger Meter, Inc. (NYSE:BMI) news were published by: Businesswire.com which released: “Badger Meter Announces Executive Leadership Appointments – Business Wire” on June 03, 2019, also Bizjournals.com with their article: “Badger Meter adds Rockwell’s Tessa Myers to board of directors – Milwaukee Business Journal” published on February 28, 2019, Seekingalpha.com published: “Medical Properties Trust: Another Strong Buy Pick Revealed – Seeking Alpha” on July 30, 2019. More interesting news about Badger Meter, Inc. (NYSE:BMI) were released by: Finance.Yahoo.com and their article: “Badger Meter’s Revenue Disappoints in the Second Quarter – Yahoo Finance” published on July 18, 2019 as well as Finance.Yahoo.com‘s news article titled: “Here’s What Badger Meter, Inc.’s (NYSE:BMI) Return On Capital Can Tell Us – Yahoo Finance” with publication date: June 05, 2019.

Badger Meter, Inc. (NYSE:BMI) Institutional Positions Chart

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