LGT Capital Partners LTD. now owns 800,000 shares of the utilities provider's stock valued at $7,620,000 after buying an additional 110,000 shares during the period.
News articles about Algonquin Power & Utilities Corp. KCG Holdings Inc. increased its position in Algonquin Power & Utilities Corp.by 21.3% in the first quarter. KCG Holdings Inc. now owns 13,032 shares of the utilities provider's stock worth $124,000 after buying an additional 2,288 shares during the last quarter. Algonquin Power & Utilities Corp. (AQN) on Thursday reported second-quarter earnings of $35.5 million. The firm has a market capitalization of $4.02 billion, a price-to-earnings ratio of 66.99 and a beta of 0.81. The company has a 50-day moving average price of $13.39 and a 200-day moving average price of $12.93. (NASDAQ:AQN), 2 rate it "Buy", 7 "Outperform", 3 "Underperform", 0 "Sell", while 0 "Hold". Algonquin Power & Utilities Corp has a 12-month low of $10.47 and a 12-month high of $14.35.
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 14th.
Cdn $0.28125 per Preferred Share, Series A, payable in cash on September 29, 2017 to Preferred Share, Series A holders of record on September 15, 2017 for the period from June 30, 2017 to, but excluding, September 30, 2017. The ex-dividend date was Wednesday, June 28th. This represents a $0.47 annualized dividend and a dividend yield of 4.43%. Algonquin Power & Utilities Corp.'s dividend payout ratio (DPR) is 156.67%.
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Several research analysts have recently issued reports on the company. Zacks Investment Research cut Algonquin Power & Utilities Corp. from a "hold" rating to a "sell" rating in a research report on Tuesday, May 16th.
Algonquin Power & Utilities Corp (TSE AQN) remained flat at $13.33 during midday trading on Tuesday. They set a "market perform" rating for the company.