Algonquin Power & Utilities Corp (TSE:AQN) has earned a consensus rating of "Buy" from the nine analysts that are presently covering the company, Marketbeat.com reports. Swiss National Bank increased its stake in shares of Algonquin Power & Utilities Corp.by 1.4% in the first quarter. Bank of Montreal Can now owns 14,216,471 shares of the utilities provider's stock valued at $136,194,000 after buying an additional 5,661,282 shares during the period. Algonquin Power & Utilities Corp has a 12-month low of $10.47 and a 12-month high of $14.35. Goldman Sachs Group Inc.'s holdings in Algonquin Power & Utilities Corp. were worth $1,308,000 as of its most recent filing with the SEC. (NYSE AQN) opened at 10.43 on Thursday.
On a per-share basis, the Oakville, Ontario-based company said it had net income of 9 cents. Royal Bank Of Canada is the second biggest holder with 20 million shares now valued at 195.36 million whilst BMO Asset Management Inc has 12 million shares valued at 118.18 million.
Shares of Algonquin Power & Utilities Corp. 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 firm also recently declared a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were given a $0.1165 dividend. Wells Fargo & Company started coverage on shares of Algonquin Power & Utilities Corp in a report on Tuesday, June 20th.
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AQN has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Algonquin Power & Utilities Corp. from a "buy" rating to a "hold" rating in a research note on Friday, July 14th. They issued a "market perform" rating on the stock.
In other Algonquin Power & Utilities Corp news, insider Jennifer Sara Tindale acquired 7,650 shares of the company's stock in a transaction that occurred on Tuesday, May 23rd.