2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. trimmed its stake in American States Water ( NYSE:AWR – Free Report ) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
The fund owned 32,491 shares of the utilities provider’s stock after selling 2,479 shares during the period. Russell Investments Group Ltd. owned approximately 0.
09% of American States Water worth $2,525,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc.
increased its holdings in shares of American States Water by 0.7% in the 4th quarter. Vanguard Group Inc.
now owns 4,831,526 shares of the utilities provider’s stock worth $375,506,000 after buying an additional 33,371 shares during the last quarter. Pictet Asset Management Holding SA raised its position in American States Water by 30.9% during the fourth quarter.
Pictet Asset Management Holding SA now owns 1,118,566 shares of the utilities provider’s stock valued at $86,935,000 after purchasing an additional 264,257 shares in the last quarter. Geode Capital Management LLC lifted its stake in American States Water by 0.5% during the fourth quarter.
Geode Capital Management LLC now owns 855,055 shares of the utilities provider’s stock worth $66,471,000 after purchasing an additional 4,177 shares during the last quarter. Norges Bank bought a new position in shares of American States Water during the 4th quarter valued at about $45,254,000. Finally, Principal Financial Group Inc.
raised its holdings in shares of American States Water by 26.8% during the 4th quarter. Principal Financial Group Inc.
now owns 484,470 shares of the utilities provider’s stock valued at $37,653,000 after buying an additional 102,489 shares in the last quarter. 75.24% of the stock is owned by hedge funds and other institutional investors.
American States Water Stock Up 0.9 % Shares of NYSE AWR opened at $80.11 on Friday.
The firm’s fifty day moving average is $76.91 and its 200 day moving average is $79.15.
American States Water has a 52 week low of $67.34 and a 52 week high of $87.50.
The company has a quick ratio of 0.76, a current ratio of 0.82 and a debt-to-equity ratio of 0.
88. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 25.
27, a PEG ratio of 12.92 and a beta of 0.56.
American States Water Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.4655 per share.
The ex-dividend date was Tuesday, February 18th. This represents a $1.86 annualized dividend and a dividend yield of 2.
32%. American States Water’s dividend payout ratio (DPR) is presently 58.68%.
Analysts Set New Price Targets A number of research analysts have commented on AWR shares. Wells Fargo & Company cut shares of American States Water from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $84.00 to $77.
00 in a research report on Tuesday, January 7th. Bank of America cut shares of American States Water from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $85.00 to $71.
00 in a research report on Monday, February 3rd. Finally, StockNews.com upgraded shares of American States Water from a “sell” rating to a “hold” rating in a research report on Saturday, March 8th.
Get Our Latest Stock Analysis on AWR Insider Activity at American States Water In other American States Water news, Director Diana M. Bonta sold 969 shares of the company’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $77.
00, for a total value of $74,613.00. Following the completion of the transaction, the director now directly owns 15,931 shares in the company, valued at approximately $1,226,687.
This represents a 5.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website .
0.83% of the stock is owned by corporate insiders. American States Water Company Profile ( Free Report ) American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States.
It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. Read More Want to see what other hedge funds are holding AWR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for American States Water ( NYSE:AWR – Free Report ). Receive News & Ratings for American States Water Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American States Water and related companies with MarketBeat.com's FREE daily email newsletter .
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