1 week Ago By ABMN Staff
Captrust Financial Advisors trimmed its holdings in American States Water ( NYSE:AWR – Free Report ) by 3.6% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 5,402 shares of the utilities provider’s stock after selling 203 shares during the quarter.
Captrust Financial Advisors’ holdings in American States Water were worth $450,000 at the end of the most recent quarter. A number of other institutional investors also recently made changes to their positions in the business. Martingale Asset Management L P raised its position in American States Water by 135.
7% in the 3rd quarter. Martingale Asset Management L P now owns 28,080 shares of the utilities provider’s stock worth $2,339,000 after purchasing an additional 16,165 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of American States Water by 21.
2% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,269 shares of the utilities provider’s stock valued at $772,000 after buying an additional 1,620 shares during the last quarter. Glenmede Trust Co.
NA increased its holdings in shares of American States Water by 9.2% in the third quarter. Glenmede Trust Co.
NA now owns 3,428 shares of the utilities provider’s stock worth $286,000 after buying an additional 288 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of American States Water by 7.1% in the 3rd quarter.
BNP Paribas Financial Markets now owns 20,217 shares of the utilities provider’s stock valued at $1,684,000 after acquiring an additional 1,341 shares during the last quarter. Finally, FMR LLC boosted its holdings in American States Water by 31.2% during the 3rd quarter.
FMR LLC now owns 72,715 shares of the utilities provider’s stock valued at $6,056,000 after acquiring an additional 17,295 shares during the period. Hedge funds and other institutional investors own 75.24% of the company’s stock.
American States Water Stock Performance American States Water stock opened at $83.23 on Friday. The company has a current ratio of 0.
69, a quick ratio of 0.64 and a debt-to-equity ratio of 0.86.
The firm has a 50-day moving average of $84.13 and a 200-day moving average of $80.32.
The firm has a market cap of $3.12 billion, a P/E ratio of 28.02, a P/E/G ratio of 4.
32 and a beta of 0.51. American States Water has a 1-year low of $66.
03 and a 1-year high of $87.50. American States Water Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd.
Investors of record on Friday, November 15th were paid a $0.4655 dividend. This represents a $1.
86 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date was Friday, November 15th.
American States Water’s payout ratio is 62.63%. Analyst Upgrades and Downgrades A number of equities analysts have commented on AWR shares.
Bank of America started coverage on American States Water in a research note on Wednesday. They issued a “neutral” rating and a $85.00 price target on the stock.
StockNews.com lowered American States Water from a “hold” rating to a “sell” rating in a research note on Wednesday, November 27th. Read Our Latest Stock Report on AWR About American States Water ( 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. Featured Articles 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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