Strs Ohio grew its position in Avista Corporation (NYSE:AVA) by 22.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,600 shares of the utilities provider’s stock after purchasing an additional 1,400 shares during the quarter. Strs Ohio’s holdings in Avista Corporation were worth $393,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVA. Geode Capital Management LLC grew its holdings in Avista Corporation by 4.4% in the first quarter. Geode Capital Management LLC now owns 485,531 shares of the utilities provider’s stock worth $18,959,000 after purchasing an additional 20,604 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Avista Corporation by 1.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,297,134 shares of the utilities provider’s stock worth $50,653,000 after purchasing an additional 20,888 shares during the last quarter. Renaissance Technologies LLC grew its holdings in Avista Corporation by 528.1% in the first quarter. Renaissance Technologies LLC now owns 104,900 shares of the utilities provider’s stock worth $4,096,000 after purchasing an additional 88,200 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in Avista Corporation by 8.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 391,688 shares of the utilities provider’s stock worth $15,296,000 after purchasing an additional 31,473 shares during the last quarter. Finally, State Street Corp grew its holdings in Avista Corporation by 6.1% in the first quarter. State Street Corp now owns 1,748,071 shares of the utilities provider’s stock worth $68,263,000 after purchasing an additional 101,083 shares during the last quarter. 68.34% of the stock is currently owned by institutional investors and hedge funds.

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In other news, VP James M. Kensok sold 4,700 shares of the business’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $52.01, for a total transaction of $244,447.00. Following the sale, the vice president now directly owns 12,787 shares of the company’s stock, valued at $665,051.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Kevin J. Christie sold 500 shares of the business’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $51.81, for a total transaction of $25,905.00. Following the sale, the vice president now directly owns 1,992 shares in the company, valued at $103,205.52. The disclosure for this sale can be found here. 1.10% of the stock is owned by insiders.

Several research firms have issued reports on AVA. BidaskClub raised shares of Avista Corporation from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Zacks Investment Research lowered shares of Avista Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. KeyCorp reaffirmed a “hold” rating on shares of Avista Corporation in a report on Friday, October 20th. BMO Capital Markets reaffirmed a “hold” rating and issued a $53.00 price target on shares of Avista Corporation in a report on Friday, July 21st. Finally, Williams Capital lowered shares of Avista Corporation from a “hold” rating to a “sell” rating and lifted their price target for the stock from $38.00 to $42.00 in a report on Thursday, July 20th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $47.75.

Shares of Avista Corporation (AVA) opened at $51.87 on Friday. The firm has a market cap of $3,336.71, a price-to-earnings ratio of 25.15 and a beta of 0.44. The company has a current ratio of 0.47, a quick ratio of 0.37 and a debt-to-equity ratio of 0.92. Avista Corporation has a 1-year low of $37.78 and a 1-year high of $52.83.

Avista Corporation 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)

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