1 day Ago By Defense World Staff
Bank of New York Mellon Corp trimmed its holdings in shares of Global Water Resources, Inc. ( NASDAQ:GWRS – Free Report ) by 0.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 166,936 shares of the utilities provider’s stock after selling 1,022 shares during the period. Bank of New York Mellon Corp owned about 0.69% of Global Water Resources worth $2,020,000 as of its most recent SEC filing.
Separately, Vanguard Group Inc. increased its position in Global Water Resources by 1.3% during the first quarter.
Vanguard Group Inc. now owns 678,279 shares of the utilities provider’s stock worth $8,709,000 after buying an additional 8,960 shares in the last quarter. Hedge funds and other institutional investors own 27.
91% of the company’s stock. Global Water Resources Stock Performance Shares of NASDAQ GWRS opened at $13.05 on Wednesday.
The company has a 50-day simple moving average of $12.50 and a 200-day simple moving average of $12.48.
The company has a debt-to-equity ratio of 2.53, a current ratio of 1.86 and a quick ratio of 1.
86. The company has a market cap of $316.07 million, a PE ratio of 50.
19, a price-to-earnings-growth ratio of 3.17 and a beta of 0.97.
Global Water Resources, Inc. has a 12 month low of $9.34 and a 12 month high of $13.
42. Global Water Resources Dividend Announcement The business also recently announced a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be issued a dividend of $0.
025 per share. The ex-dividend date of this dividend is Monday, September 16th. This represents a $0.
30 annualized dividend and a dividend yield of 2.30%. Global Water Resources’s payout ratio is currently 115.
39%. Global Water Resources Profile ( Free Report ) Global Water Resources, Inc, a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water systems primarily in metropolitan Phoenix and Tucson, Arizona. It serves approximately 82,000 people in approximately 32,000 homes.
The company was founded in 2003 and is based in Phoenix, Arizona. See Also Five stocks we like better than Global Water Resources Upcoming IPO Stock Lockup Period, Explained Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion? What Investors Need to Know About Upcoming IPOs Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge Investing In Preferred Stock vs. Common Stock Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker Receive News & Ratings for Global Water Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Water Resources and related companies with MarketBeat.
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