Tudor Investment Corp ET AL Raises Stock Position in American States Water Company $AWR

Tudor Investment Corp ET AL raised its position in American States Water Company (NYSE:AWR) by 206.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 78,504 shares of the utilities provider’s stock after purchasing an additional 52,885 shares during the quarter. Tudor Investment Corp ET AL’s holdings in American States Water were worth $5,756,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in AWR. Allworth Financial LP raised its position in shares of American States Water by 19.4% during the 3rd quarter. Allworth Financial LP now owns 1,646 shares of the utilities provider’s stock valued at $121,000 after buying an additional 267 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in American States Water in the third quarter valued at $303,000. Danske Bank A S acquired a new position in shares of American States Water in the 3rd quarter valued at $937,000. Advisory Services Network LLC purchased a new position in shares of American States Water during the 3rd quarter worth $72,000. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of American States Water by 3.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 51,989 shares of the utilities provider’s stock worth $3,812,000 after purchasing an additional 1,738 shares during the last quarter. Hedge funds and other institutional investors own 75.24% of the company’s stock.

American States Water Stock Down 0.4%

Shares of AWR opened at $73.26 on Wednesday. The company’s 50-day simple moving average is $73.77 and its 200-day simple moving average is $73.47. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.23 and a current ratio of 1.32. American States Water Company has a 1 year low of $69.45 and a 1 year high of $82.94. The stock has a market capitalization of $2.86 billion, a PE ratio of 21.74, a P/E/G ratio of 3.63 and a beta of 0.69.

American States Water (NYSE:AWR) last announced its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.06. The firm had revenue of $164.28 million during the quarter, compared to analysts’ expectations of $168.82 million. American States Water had a net margin of 19.82% and a return on equity of 13.10%. Analysts forecast that American States Water Company will post 3.34 earnings per share for the current fiscal year.

American States Water Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, February 23rd were paid a $0.504 dividend. This represents a $2.02 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, February 23rd. American States Water’s dividend payout ratio (DPR) is presently 59.94%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of American States Water in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $84.00.

American States Water Company Profile

American States Water Company (NYSE: AWR), founded in 1929 and headquartered in San Dimas, California, is a publicly traded utility holding company. The company operates primarily through two regulated segments—water and electric utilities—and provides non-regulated water system services. Over its history, American States Water has expanded its footprint through strategic acquisitions and organic growth, positioning itself as a reliable provider of essential services in its core territories.

Within its regulated water utility segment, American States Water serves more than 250,000 residential, commercial and industrial customers across 35 communities in six counties of California.