Robeco Schweiz AG Sells 57,851 Shares of American States Water (NYSE:AWR)

Robeco Schweiz AG trimmed its position in American States Water (NYSE:AWR - Free Report) by 17.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 282,099 shares of the utilities provider's stock after selling 57,851 shares during the period. Robeco Schweiz AG owned 0.75% of American States Water worth $21,925,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of AWR. Creative Planning boosted its stake in shares of American States Water by 3.3% during the third quarter. Creative Planning now owns 11,268 shares of the utilities provider's stock valued at $938,000 after purchasing an additional 364 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in American States Water by 20.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,407 shares of the utilities provider's stock valued at $367,000 after buying an additional 744 shares during the last quarter. Modera Wealth Management LLC acquired a new stake in American States Water during the 3rd quarter worth approximately $208,000. GW Henssler & Associates Ltd. bought a new stake in American States Water during the 3rd quarter worth approximately $229,000. Finally, Creative Financial Designs Inc. ADV increased its position in American States Water by 3.1% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 8,828 shares of the utilities provider's stock valued at $735,000 after acquiring an additional 269 shares during the period. Institutional investors and hedge funds own 75.24% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Wells Fargo & Company lowered shares of American States Water from an "equal weight" rating to an "underweight" rating and cut their price target for the stock from $84.00 to $77.00 in a report on Tuesday, January 7th. Bank of America downgraded American States Water from a "neutral" rating to an "underperform" rating and cut their target price for the stock from $85.00 to $71.00 in a report on Monday, February 3rd. Finally, StockNews.com raised American States Water from a "sell" rating to a "hold" rating in a research note on Wednesday.

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American States Water Trading Up 0.7 %

Shares of NYSE AWR traded up $0.52 during midday trading on Friday, reaching $76.56. The stock had a trading volume of 251,873 shares, compared to its average volume of 205,738. American States Water has a twelve month low of $66.03 and a twelve month high of $87.50. 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's 50 day moving average price is $74.83 and its 200 day moving average price is $80.28. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of 24.15, a price-to-earnings-growth ratio of 12.92 and a beta of 0.53.

American States Water (NYSE:AWR - Get Free Report) last released its 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. The business had revenue of $143.10 million during the quarter, compared to analysts' expectations of $160.17 million. American States Water had a return on equity of 13.63% and a net margin of 20.03%. As a group, sell-side analysts expect that American States Water will post 3.34 EPS for the current year.

American States Water Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Tuesday, February 18th will be paid a $0.4655 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $1.86 annualized dividend and a dividend yield of 2.43%. American States Water's dividend payout ratio is currently 58.68%.

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.