2 weeks Ago By ABMN Staff
Rhumbline Advisers lowered its holdings in Artesian Resources Co. ( NASDAQ:ARTNA – Free Report ) by 62.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
The fund owned 4,899 shares of the utilities provider’s stock after selling 8,133 shares during the period. Rhumbline Advisers’ holdings in Artesian Resources were worth $172,000 as of its most recent SEC filing. A number of other institutional investors have also recently bought and sold shares of the business.
ProShare Advisors LLC lifted its stake in Artesian Resources by 22.1% in the first quarter. ProShare Advisors LLC now owns 216,731 shares of the utilities provider’s stock valued at $8,043,000 after purchasing an additional 39,234 shares during the last quarter.
Vanguard Group Inc. grew its stake in shares of Artesian Resources by 2.8% during the 1st quarter.
Vanguard Group Inc. now owns 545,615 shares of the utilities provider’s stock worth $20,248,000 after acquiring an additional 14,668 shares during the period. Russell Investments Group Ltd.
increased its holdings in Artesian Resources by 14.9% in the 1st quarter. Russell Investments Group Ltd.
now owns 96,493 shares of the utilities provider’s stock worth $3,581,000 after acquiring an additional 12,523 shares during the last quarter. State Board of Administration of Florida Retirement System bought a new stake in Artesian Resources in the 1st quarter valued at about $161,000. Finally, BNP Paribas Financial Markets lifted its holdings in Artesian Resources by 45.
3% during the fourth quarter. BNP Paribas Financial Markets now owns 10,534 shares of the utilities provider’s stock valued at $437,000 after purchasing an additional 3,282 shares during the last quarter. Institutional investors own 57.
37% of the company’s stock. Artesian Resources Stock Performance NASDAQ:ARTNA opened at $36.65 on Monday.
The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.09 and a current ratio of 1.
30. The firm has a market cap of $377.06 million, a price-to-earnings ratio of 21.
56 and a beta of 0.19. Artesian Resources Co.
has a 52-week low of $33.34 and a 52-week high of $44.78.
The business’s fifty day moving average is $37.29 and its 200 day moving average is $36.78.
Artesian Resources Announces Dividend The business also recently announced a quarterly dividend, which was paid on Tuesday, August 27th. Shareholders of record on Friday, August 16th were given a dividend of $0.296 per share.
The ex-dividend date was Friday, August 16th. This represents a $1.18 annualized dividend and a yield of 3.
23%. Artesian Resources’s payout ratio is presently 69.41%.
Artesian Resources Company Profile ( Free Report ) Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. Featured Articles Want to see what other hedge funds are holding ARTNA? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Artesian Resources Co. ( NASDAQ:ARTNA – Free Report ). Receive News & Ratings for Artesian Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Artesian Resources and related companies with MarketBeat.
com's FREE daily email newsletter ..
