American States Water (NYSE:AWR) Share Price Passes Above 200-Day Moving Average – Should You Sell?

American States Water Company (NYSE:AWR)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $75.04 and traded as high as $77.94. American States Water shares last traded at $77.8180, with a volume of 531,208 shares.

Wall Street Analyst Weigh In

AWR has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American States Water in a research report on Monday, April 20th. Zacks Research cut shares of American States Water from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, American States Water has an average rating of “Hold”.

American States Water Trading Up 1.1%

The company has a quick ratio of 1.13, a current ratio of 1.22 and a debt-to-equity ratio of 0.86. The business has a 50-day simple moving average of $77.15 and a 200-day simple moving average of $75.08. The company has a market cap of $3.13 billion, a PE ratio of 23.30, a price-to-earnings-growth ratio of 3.02 and a beta of 0.60.

American States Water (NYSE:AWR) last released its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $0.76 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.01). American States Water had a return on equity of 13.06% and a net margin of 19.66%.The firm had revenue of $169.19 million for the quarter, compared to analysts’ expectations of $157.02 million. During the same quarter in the prior year, the business earned $0.70 earnings per share. The company’s quarterly revenue was up 14.3% on a year-over-year basis. On average, analysts predict that American States Water Company will post 3.71 EPS for the current fiscal year.

American States Water Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 18th were paid a dividend of $0.504 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $2.02 annualized dividend and a yield of 2.5%. American States Water’s dividend payout ratio is presently 58.89%.

Insider Transactions at American States Water

In other American States Water news, SVP Paul J. Rowley sold 1,304 shares of American States Water stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $76.05, for a total value of $99,169.20. Following the completion of the transaction, the senior vice president directly owned 6,520 shares of the company’s stock, valued at $495,846. The trade was a 16.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Anne M. Holloway sold 662 shares of American States Water stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $75.58, for a total value of $50,033.96. Following the completion of the transaction, the director directly owned 39,418 shares of the company’s stock, valued at approximately $2,979,212.44. This represents a 1.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in AWR. Parallel Advisors LLC increased its stake in American States Water by 13.8% during the 1st quarter. Parallel Advisors LLC now owns 3,453 shares of the utilities provider’s stock worth $261,000 after buying an additional 420 shares during the period. California State Teachers Retirement System lifted its holdings in American States Water by 29.1% during the 1st quarter. California State Teachers Retirement System now owns 46,460 shares of the utilities provider’s stock worth $3,513,000 after buying an additional 10,464 shares in the last quarter. Quantinno Capital Management LP boosted its position in American States Water by 114.0% in the 1st quarter. Quantinno Capital Management LP now owns 46,328 shares of the utilities provider’s stock valued at $3,503,000 after buying an additional 24,676 shares during the period. Dean Capital Management purchased a new position in American States Water in the 1st quarter valued at approximately $3,530,000. Finally, Waverly Advisors LLC acquired a new position in shares of American States Water in the first quarter worth $325,000. Hedge funds and other institutional investors own 75.24% of the company’s stock.

American States Water Company Profile

American States Water Company (NYSE: AWR), founded in 1929 and headquartered in San Dimas, California, is a publicly traded utility holding company. The company operates primarily through two regulated segments—water and electric utilities—and provides non-regulated water system services. Over its history, American States Water has expanded its footprint through strategic acquisitions and organic growth, positioning itself as a reliable provider of essential services in its core territories.

Within its regulated water utility segment, American States Water serves more than 250,000 residential, commercial and industrial customers across 35 communities in six counties of California.