Capula Management Ltd Acquires Shares of 41,136 H2O America $HTO

Capula Management Ltd bought a new position in shares of H2O America (NASDAQ:HTO) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 41,136 shares of the utilities provider’s stock, valued at approximately $2,003,000.

Several other hedge funds also recently made changes to their positions in the company. US Bancorp DE acquired a new stake in shares of H2O America during the 3rd quarter valued at approximately $62,000. Creative Financial Designs Inc. ADV acquired a new position in H2O America in the third quarter worth $100,000. Russell Investments Group Ltd. acquired a new position in H2O America in the third quarter worth $210,000. Freestone Grove Partners LP bought a new stake in H2O America during the third quarter valued at $213,000. Finally, R Squared Ltd acquired a new stake in shares of H2O America during the third quarter worth $243,000. Institutional investors and hedge funds own 84.29% of the company’s stock.

Analyst Ratings Changes

HTO has been the topic of a number of recent research reports. Zacks Research downgraded shares of H2O America from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. UBS Group set a $61.00 price objective on shares of H2O America in a research report on Friday, January 9th. BTIG Research reiterated a “buy” rating and set a $61.00 price objective on shares of H2O America in a research note on Tuesday, March 3rd. Wall Street Zen cut shares of H2O America from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Finally, Robert W. Baird initiated coverage on H2O America in a research note on Friday. They issued an “outperform” rating and a $67.00 target price for the company. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $62.00.

H2O America Stock Up 2.7%

HTO opened at $58.93 on Friday. The stock’s 50 day moving average price is $53.80 and its 200 day moving average price is $50.24. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.70 and a quick ratio of 0.70. The stock has a market cap of $2.13 billion, a P/E ratio of 20.18, a P/E/G ratio of 3.05 and a beta of 0.48. H2O America has a 12 month low of $43.75 and a 12 month high of $58.99.

H2O America (NASDAQ:HTO) last announced its quarterly earnings results on Wednesday, February 25th. The utilities provider reported $0.46 earnings per share (EPS) for the quarter. H2O America had a return on equity of 7.08% and a net margin of 12.81%.The company had revenue of $194.19 million during the quarter, compared to analyst estimates of $195.73 million. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. As a group, research analysts predict that H2O America will post 2.75 earnings per share for the current year.

H2O America Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Monday, February 9th were issued a $0.44 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a $1.76 annualized dividend and a yield of 3.0%. H2O America’s dividend payout ratio is presently 60.27%.

H2O America Company Profile

SJW Group, through its subsidiaries, provides water utility and other related services in the United States. It operates in Water Utility Services and Real Estate Services segments. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District.