730 Shares in Badger Meter, Inc. (NYSE:BMI) Acquired by Comprehensive Financial Planning Inc. PA

Comprehensive Financial Planning Inc. PA bought a new stake in shares of Badger Meter, Inc. (NYSE:BMI) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 730 shares of the scientific and technical instruments company’s stock, valued at approximately $155,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. R Squared Ltd purchased a new stake in shares of Badger Meter during the 4th quarter worth $28,000. Heck Capital Advisors LLC purchased a new stake in shares of Badger Meter during the fourth quarter valued at about $39,000. ORG Partners LLC purchased a new stake in shares of Badger Meter during the fourth quarter valued at about $42,000. Blue Trust Inc. boosted its holdings in shares of Badger Meter by 1,016.7% in the 3rd quarter. Blue Trust Inc. now owns 201 shares of the scientific and technical instruments company’s stock valued at $44,000 after buying an additional 183 shares in the last quarter. Finally, Annex Advisory Services LLC purchased a new position in shares of Badger Meter in the 3rd quarter worth approximately $204,000. 89.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Stifel Nicolaus increased their target price on shares of Badger Meter from $208.00 to $209.00 and gave the company a “hold” rating in a research report on Monday, February 3rd. Maxim Group increased their price objective on Badger Meter from $235.00 to $245.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Finally, Robert W. Baird boosted their target price on Badger Meter from $184.00 to $203.00 and gave the stock a “neutral” rating in a research note on Friday, October 18th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Badger Meter has a consensus rating of “Hold” and an average price target of $218.75.

Badger Meter Trading Down 1.0 %

NYSE:BMI opened at $213.82 on Monday. The company has a market capitalization of $6.29 billion, a P/E ratio of 50.55, a PEG ratio of 3.85 and a beta of 0.78. Badger Meter, Inc. has a 12 month low of $143.61 and a 12 month high of $239.11. The firm has a fifty day simple moving average of $217.33 and a 200-day simple moving average of $211.93.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. Badger Meter had a return on equity of 21.77% and a net margin of 15.12%. Equities analysts forecast that Badger Meter, Inc. will post 4.65 EPS for the current year.

About Badger Meter

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.