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Mueller Water Products beats Q4 earnings estimates, boosts dividend, amid rising institutional investments.
Mueller Water Products, Inc. (MWA) saw increased institutional investment and upgraded target prices in Q4, reporting earnings of $0.25 per share, $0.06 above estimates, and a $0.067 quarterly dividend.
Shares were last traded at $24.87, with a $25.80 consensus price target.
Director Brian Slobodow sold shares, reducing his ownership significantly.
The company specializes in water transmission and distribution products.
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Mueller Water Products supera las estimaciones de ganancias del Q4, aumenta los dividendos, en medio del aumento de las inversiones institucionales.