Quantbot Technologies LP Has $433,000 Holdings in American States Water (NYSE:AWR)

Quantbot Technologies LP reduced its position in shares of American States Water (NYSE:AWR - Free Report) by 58.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,204 shares of the utilities provider's stock after selling 7,327 shares during the period. Quantbot Technologies LP's holdings in American States Water were worth $433,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its position in American States Water by 0.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 845,936 shares of the utilities provider's stock worth $61,389,000 after buying an additional 6,372 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in American States Water by 5.6% during the second quarter. Bank of New York Mellon Corp now owns 450,788 shares of the utilities provider's stock worth $32,714,000 after buying an additional 24,042 shares during the last quarter. Millennium Management LLC raised its position in American States Water by 205.5% during the second quarter. Millennium Management LLC now owns 440,598 shares of the utilities provider's stock worth $31,974,000 after acquiring an additional 296,361 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of American States Water by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 418,688 shares of the utilities provider's stock worth $34,873,000 after purchasing an additional 13,276 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in shares of American States Water by 107.1% during the 3rd quarter. Principal Financial Group Inc. now owns 381,981 shares of the utilities provider's stock worth $31,815,000 after purchasing an additional 197,556 shares during the last quarter. 75.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut American States Water from a "hold" rating to a "sell" rating in a report on Wednesday, November 27th.

American States Water Stock Performance

American States Water stock traded down $0.76 during mid-day trading on Wednesday, hitting $83.31. 40,838 shares of the company's stock traded hands, compared to its average volume of 219,402. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.69 and a quick ratio of 0.64. The firm has a 50 day simple moving average of $84.20 and a two-hundred day simple moving average of $80.06. American States Water has a fifty-two week low of $66.03 and a fifty-two week high of $87.50. The stock has a market cap of $3.12 billion, a price-to-earnings ratio of 28.31, a P/E/G ratio of 4.51 and a beta of 0.51.

American States Water (NYSE:AWR - Get Free Report) last posted its earnings results on Wednesday, November 6th. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.98 by ($0.03). American States Water had a return on equity of 13.53% and a net margin of 19.26%. The company had revenue of $161.78 million for the quarter, compared to analyst estimates of $161.00 million. During the same quarter in the prior year, the business posted $0.85 EPS. The business's quarterly revenue was up 6.6% compared to the same quarter last year. On average, research analysts expect that American States Water will post 3.02 EPS for the current fiscal year.

American States Water Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were issued a dividend of $0.4655 per share. This represents a $1.86 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend was Friday, November 15th. American States Water's dividend payout ratio is presently 62.63%.

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.