UBS Group AG Has $10.20 Million Stock Holdings in American States Water Company $AWR

UBS Group AG decreased its position in American States Water Company (NYSE:AWR) by 12.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 140,669 shares of the utilities provider’s stock after selling 19,591 shares during the period. UBS Group AG’s holdings in American States Water were worth $10,196,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AWR. State of Wyoming acquired a new position in shares of American States Water in the 2nd quarter valued at $26,000. Aster Capital Management DIFC Ltd grew its holdings in shares of American States Water by 610.5% in the 3rd quarter. Aster Capital Management DIFC Ltd now owns 540 shares of the utilities provider’s stock valued at $40,000 after buying an additional 464 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of American States Water by 337.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 721 shares of the utilities provider’s stock valued at $55,000 after buying an additional 556 shares during the period. Advisory Services Network LLC acquired a new position in shares of American States Water in the 3rd quarter valued at $72,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of American States Water by 14,025.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,130 shares of the utilities provider’s stock valued at $83,000 after buying an additional 1,122 shares during the period. Institutional investors and hedge funds own 75.24% of the company’s stock.

American States Water Trading Down 2.2%

Shares of NYSE:AWR opened at $75.73 on Friday. The company’s 50-day moving average price is $76.22 and its two-hundred day moving average price is $74.44. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.22 and a quick ratio of 1.13. American States Water Company has a one year low of $69.45 and a one year high of $81.24. The stock has a market capitalization of $2.97 billion, a PE ratio of 22.08, a price-to-earnings-growth ratio of 2.95 and a beta of 0.60.

American States Water (NYSE:AWR) last issued 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 business had revenue of $169.19 million for the quarter, compared to the consensus estimate of $157.02 million. During the same period last year, the firm earned $0.70 earnings per share. The company’s quarterly revenue was up 14.3% compared to the same quarter last year. On average, equities analysts forecast that American States Water Company will post 3.71 EPS for the current fiscal year.

American States Water Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Monday, May 18th will be given a dividend of $0.504 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $2.02 annualized dividend and a yield of 2.7%. American States Water’s payout ratio is 58.89%.

Insider Buying and Selling

In other American States Water news, SVP Paul J. Rowley sold 1,304 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $76.05, for a total transaction of $99,169.20. Following the sale, 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 sale was disclosed in a filing with the SEC, which is available through this link. 0.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of American States Water in a report on Monday, April 20th. Zacks Research raised shares of American States Water from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, American States Water presently has a consensus rating of “Buy”.

About American States Water

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.