Gamco Investors INC. ET AL lessened its position in Avista Corporation (NYSE:AVA) by 13.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,200 shares of the utilities provider’s stock after selling 4,300 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Avista Corporation were worth $1,460,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in AVA. Riverhead Capital Management LLC lifted its holdings in shares of Avista Corporation by 38.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,498 shares of the utilities provider’s stock worth $106,000 after acquiring an additional 698 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Avista Corporation by 28.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,678 shares of the utilities provider’s stock worth $114,000 after acquiring an additional 599 shares during the last quarter. Advisor Group Inc. lifted its holdings in shares of Avista Corporation by 16.3% in the 2nd quarter. Advisor Group Inc. now owns 2,883 shares of the utilities provider’s stock worth $123,000 after acquiring an additional 403 shares during the last quarter. CWH Capital Management Inc. bought a new stake in shares of Avista Corporation in the 2nd quarter worth about $132,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Avista Corporation by 8.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,145 shares of the utilities provider’s stock worth $134,000 after acquiring an additional 244 shares during the last quarter. Hedge funds and other institutional investors own 67.88% of the company’s stock.

In related news, VP Kevin J. Christie sold 500 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $51.81, for a total value of $25,905.00. Following the transaction, the vice president now owns 1,992 shares of the company’s stock, valued at approximately $103,205.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP James M. Kensok sold 4,700 shares of the firm’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $52.01, for a total transaction of $244,447.00. Following the completion of the transaction, the vice president now directly owns 12,787 shares in the company, valued at approximately $665,051.87. The disclosure for this sale can be found here. Insiders purchased a total of 173,000 shares of company stock worth $47,980 in the last ninety days. 1.10% of the stock is currently owned by insiders.

WARNING: “Gamco Investors INC. ET AL Has $1.46 Million Stake in Avista Corporation (AVA)” was reported by Watch List News and is owned by of Watch List News. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this news story can be viewed at https://www.watchlistnews.com/gamco-investors-inc-et-al-has-1-46-million-stake-in-avista-corporation-ava/1702091.html.

Avista Corporation (NYSE AVA) opened at $51.88 on Tuesday. The company has a market cap of $3,341.86, a PE ratio of 25.18 and a beta of 0.44. Avista Corporation has a 12 month low of $37.78 and a 12 month high of $52.83. The company has a quick ratio of 0.37, a current ratio of 0.47 and a debt-to-equity ratio of 0.92.

Several equities research analysts have recently issued reports on AVA shares. BMO Capital Markets restated a “hold” rating and issued a $53.00 target price on shares of Avista Corporation in a report on Friday, July 21st. Zacks Investment Research upgraded shares of Avista Corporation from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a report on Friday, July 21st. BidaskClub upgraded shares of Avista Corporation from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Williams Capital lowered shares of Avista Corporation from a “hold” rating to a “sell” rating and raised their target price for the stock from $38.00 to $42.00 in a report on Thursday, July 20th. Finally, KeyCorp restated a “hold” rating on shares of Avista Corporation in a report on Friday, October 20th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $47.75.

Avista Corporation Company Profile

Avista Corporation is an electric and natural gas utility company. The Company operates through two segments: Avista Utilities, and Alaska Electric Light and Power Company (AEL&P). The Company’s regional services include government and higher education, medical services, retail trade and finance. The Company’s businesses also include sheet metal fabrication, venture fund investments, real estate investments, a company that explores markets that could be served with liquefied natural gas (LNG), as well as certain other investments of Avista Capital, which is a subsidiary of the Company.

Institutional Ownership by Quarter for Avista Corporation (NYSE:AVA)

Receive News & Ratings for Avista Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avista Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.