American States Water Company (NYSE:AWR) Director Diana M. Bonta sold 1,675 shares of the company’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $57.42, for a total transaction of $96,178.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Shares of American States Water Company (AWR) traded down $0.55 during midday trading on Friday, hitting $57.12. 191,856 shares of the company’s stock traded hands, compared to its average volume of 161,270. American States Water Company has a 12 month low of $41.14 and a 12 month high of $58.11. The stock has a market capitalization of $2,070.00, a P/E ratio of 31.52, a PEG ratio of 6.73 and a beta of 0.45. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 0.61.

American States Water (NYSE:AWR) last announced its quarterly earnings results on Monday, November 6th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.01). American States Water had a net margin of 15.28% and a return on equity of 13.34%. The business had revenue of $124.40 million during the quarter, compared to analysts’ expectations of $145.78 million. During the same period last year, the company earned $0.59 EPS. The firm’s revenue for the quarter was up .5% on a year-over-year basis. equities research analysts expect that American States Water Company will post 1.72 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th were issued a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend was Tuesday, November 14th. American States Water’s dividend payout ratio (DPR) is presently 55.74%.

Several research analysts have weighed in on AWR shares. Zacks Investment Research upgraded shares of American States Water from a “hold” rating to a “strong-buy” rating and set a $64.00 target price on the stock in a research report on Monday, October 23rd. Wells Fargo & Company upped their target price on shares of American States Water from $46.00 to $48.00 and gave the stock a “market perform” rating in a research report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $51.00.

Hedge funds and other institutional investors have recently made changes to their positions in the business. BNP Paribas Arbitrage SA lifted its holdings in shares of American States Water by 59.2% in the second quarter. BNP Paribas Arbitrage SA now owns 13,514 shares of the utilities provider’s stock valued at $641,000 after purchasing an additional 5,023 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of American States Water by 5.3% in the second quarter. Principal Financial Group Inc. now owns 334,952 shares of the utilities provider’s stock valued at $15,880,000 after purchasing an additional 16,830 shares in the last quarter. Chicago Equity Partners LLC purchased a new stake in shares of American States Water in the second quarter valued at about $2,454,000. Ameriprise Financial Inc. lifted its holdings in shares of American States Water by 10.9% in the second quarter. Ameriprise Financial Inc. now owns 257,923 shares of the utilities provider’s stock valued at $12,229,000 after purchasing an additional 25,400 shares in the last quarter. Finally, BKS Advisors LLC lifted its holdings in shares of American States Water by 1.0% in the second quarter. BKS Advisors LLC now owns 55,551 shares of the utilities provider’s stock valued at $2,634,000 after purchasing an additional 531 shares in the last quarter. 64.71% of the stock is currently owned by institutional investors.

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American States Water Company Profile

American States Water Company (AWR) is a holding company. The Company is the parent company of Golden State Water Company (GSWC) and American States Utility Services, Inc (ASUS), as well as ASUS’ subsidiaries, such as Fort Bliss Water Services Company (FBWS), Terrapin Utility Services, Inc (TUS), Old Dominion Utility Services, Inc (ODUS), Palmetto State Utility Services, Inc (PSUS) and Old North Utility Services, Inc (ONUS).

Insider Buying and Selling by Quarter for American States Water (NYSE:AWR)

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