5,970 Shares in American States Water (NYSE:AWR) Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC purchased a new position in American States Water (NYSE:AWR - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,970 shares of the utilities provider's stock, valued at approximately $464,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Golden State Wealth Management LLC purchased a new stake in American States Water in the fourth quarter worth $30,000. Blue Trust Inc. boosted its position in American States Water by 367.3% in the 4th quarter. Blue Trust Inc. now owns 500 shares of the utilities provider's stock valued at $42,000 after buying an additional 393 shares during the period. Plato Investment Management Ltd grew its stake in American States Water by 2,173.9% in the 4th quarter. Plato Investment Management Ltd now owns 523 shares of the utilities provider's stock worth $41,000 after acquiring an additional 500 shares in the last quarter. Jones Financial Companies Lllp grew its stake in American States Water by 198.9% in the 4th quarter. Jones Financial Companies Lllp now owns 541 shares of the utilities provider's stock worth $42,000 after acquiring an additional 360 shares in the last quarter. Finally, Assetmark Inc. increased its position in shares of American States Water by 56.7% during the fourth quarter. Assetmark Inc. now owns 948 shares of the utilities provider's stock worth $74,000 after acquiring an additional 343 shares during the period. 75.24% of the stock is owned by institutional investors.

American States Water Stock Down 1.3 %

NYSE:AWR traded down $1.05 during trading hours on Friday, reaching $78.67. The company's stock had a trading volume of 494,085 shares, compared to its average volume of 217,935. The stock has a 50 day moving average price of $76.14 and a two-hundred day moving average price of $79.54. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.76 and a current ratio of 0.82. The company has a market capitalization of $2.95 billion, a P/E ratio of 24.82, a price-to-earnings-growth ratio of 12.92 and a beta of 0.47. American States Water has a 12 month low of $66.03 and a 12 month high of $87.50.

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American States Water (NYSE:AWR - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $0.69 EPS for the quarter, topping the consensus estimate of $0.64 by $0.05. American States Water had a return on equity of 13.63% and a net margin of 20.03%. The firm had revenue of $143.10 million during the quarter, compared to analyst estimates of $160.17 million. Equities analysts predict that American States Water will post 3.34 EPS for the current fiscal year.

American States Water Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Tuesday, February 18th were issued a $0.4655 dividend. This represents a $1.86 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date was Tuesday, February 18th. American States Water's dividend payout ratio is currently 58.68%.

Analyst Ratings Changes

Several research analysts recently issued reports on AWR shares. Bank of America cut American States Water from a "neutral" rating to an "underperform" rating and dropped their price objective for the stock from $85.00 to $71.00 in a research note on Monday, February 3rd. Wells Fargo & Company downgraded American States Water from an "equal weight" rating to an "underweight" rating and dropped their price target for the stock from $84.00 to $77.00 in a research report on Tuesday, January 7th. Finally, StockNews.com raised shares of American States Water from a "sell" rating to a "hold" rating in a research note on Saturday, March 8th.

Insider Transactions at American States Water

In other American States Water news, Director Diana M. Bonta sold 969 shares of American States Water stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $77.00, for a total value of $74,613.00. Following the transaction, the director now directly owns 15,931 shares of the company's stock, valued at approximately $1,226,687. The trade was a 5.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.82% of the company's stock.

American States Water Company Profile

American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity.