Tudor Investment Corp ET AL Increases Stake in American States Water Company $AWR

Tudor Investment Corp ET AL grew its position in American States Water Company (NYSE:AWR) by 206.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 78,504 shares of the utilities provider’s stock after acquiring an additional 52,885 shares during the quarter. Tudor Investment Corp ET AL owned about 0.20% of American States Water worth $5,756,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. State of Wyoming purchased a new stake in American States Water in the 2nd quarter valued at about $26,000. Aster Capital Management DIFC Ltd increased its position in shares of American States Water by 610.5% during the third quarter. Aster Capital Management DIFC Ltd now owns 540 shares of the utilities provider’s stock worth $40,000 after acquiring an additional 464 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of American States Water by 337.0% during the second quarter. EverSource Wealth Advisors LLC now owns 721 shares of the utilities provider’s stock worth $55,000 after acquiring an additional 556 shares during the period. Advisory Services Network LLC purchased a new position in shares of American States Water during the third quarter worth approximately $72,000. Finally, Hantz Financial Services Inc. increased its position in shares of American States Water by 14,025.0% during the third quarter. Hantz Financial Services Inc. now owns 1,130 shares of the utilities provider’s stock worth $83,000 after acquiring an additional 1,122 shares during the period. Hedge funds and other institutional investors own 75.24% of the company’s stock.

American States Water Stock Up 0.2%

Shares of American States Water stock opened at $77.05 on Thursday. The firm’s 50 day moving average price is $74.12 and its 200-day moving average price is $73.74. The company has a quick ratio of 1.23, a current ratio of 1.32 and a debt-to-equity ratio of 0.88. American States Water Company has a 52-week low of $69.45 and a 52-week high of $82.94. The company has a market cap of $3.01 billion, a P/E ratio of 22.86, a PEG ratio of 3.83 and a beta of 0.66.

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

American States Water Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, February 23rd were given a $0.504 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.6%. American States Water’s payout ratio is presently 59.94%.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of American States Water in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average 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.