2 weeks Ago By Defense World Staff
Delta Investment Management LLC reduced its holdings in Global Water Resources, Inc. ( NASDAQ:GWRS – Free Report ) by 8.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission.
The fund owned 24,155 shares of the utilities provider’s stock after selling 2,240 shares during the period. Delta Investment Management LLC owned 0.10% of Global Water Resources worth $292,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC acquired a new position in shares of Global Water Resources during the 2nd quarter worth about $857,000. Panagora Asset Management Inc.
increased its stake in shares of Global Water Resources by 9.1% during the 2nd quarter. Panagora Asset Management Inc.
now owns 96,088 shares of the utilities provider’s stock worth $1,163,000 after purchasing an additional 8,033 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of Global Water Resources by 2.6% during the 2nd quarter.
Renaissance Technologies LLC now owns 240,447 shares of the utilities provider’s stock worth $2,909,000 after purchasing an additional 6,000 shares during the last quarter. North Star Investment Management Corp. increased its stake in shares of Global Water Resources by 15.
8% during the 1st quarter. North Star Investment Management Corp. now owns 234,893 shares of the utilities provider’s stock worth $3,016,000 after purchasing an additional 32,100 shares during the last quarter.
Finally, Vanguard Group Inc. increased its stake in shares of Global Water Resources by 1.3% during the 1st quarter.
Vanguard Group Inc. now owns 678,279 shares of the utilities provider’s stock worth $8,709,000 after purchasing an additional 8,960 shares during the last quarter. 27.
91% of the stock is currently owned by institutional investors and hedge funds. Global Water Resources Stock Down 1.7 % Global Water Resources stock opened at $12.
42 on Friday. The firm has a market capitalization of $300.81 million, a PE ratio of 47.
77, a P/E/G ratio of 3.18 and a beta of 0.97.
The company’s 50-day moving average is $12.54 and its 200-day moving average is $12.48.
Global Water Resources, Inc. has a fifty-two week low of $9.34 and a fifty-two week high of $13.
42. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.
86 and a quick ratio of 1.86. Global Water Resources Announces Dividend 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. This represents a $0.
30 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Monday, September 16th.
Global Water Resources’s payout ratio is 115.39%. About Global Water Resources ( 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. Further Reading Five stocks we like better than Global Water Resources Golden Cross Stocks: Pattern, Examples and Charts Rocket Lab Stock Soars: Should Investors Chase the Rally? Best ESG Stocks: 11 Best Stocks for ESG Investing KB Home Slips After Earnings: What’s Next for Homebuilders? What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat Want to see what other hedge funds are holding GWRS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Global Water Resources, Inc. ( NASDAQ:GWRS – Free Report ). 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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