Aperio Group LLC raised its position in shares of American States Water Company (NYSE:AWR) by 7.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 31,514 shares of the utilities provider’s stock after buying an additional 2,115 shares during the period. Aperio Group LLC’s holdings in American States Water were worth $1,494,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in American States Water by 9,491.3% in the first quarter. BlackRock Inc. now owns 4,590,223 shares of the utilities provider’s stock worth $203,346,000 after buying an additional 4,542,365 shares during the last quarter. OppenheimerFunds Inc. increased its stake in American States Water by 6,094.1% in the first quarter. OppenheimerFunds Inc. now owns 381,061 shares of the utilities provider’s stock worth $16,880,000 after buying an additional 374,909 shares during the last quarter. Vanguard Group Inc. increased its stake in American States Water by 5.8% in the first quarter. Vanguard Group Inc. now owns 3,694,087 shares of the utilities provider’s stock worth $163,649,000 after buying an additional 201,727 shares during the last quarter. Norges Bank acquired a new stake in American States Water during the fourth quarter worth about $8,671,000. Finally, Parametric Portfolio Associates LLC increased its stake in American States Water by 146.5% in the first quarter. Parametric Portfolio Associates LLC now owns 204,526 shares of the utilities provider’s stock worth $9,061,000 after buying an additional 121,560 shares during the last quarter. 67.57% of the stock is currently owned by institutional investors.

American States Water Company (NYSE AWR) traded down 2.90% during midday trading on Friday, reaching $49.71. 131,857 shares of the company were exchanged. The stock has a market capitalization of $1.82 billion, a P/E ratio of 26.83 and a beta of 0.47. The firm’s 50 day moving average price is $48.63 and its 200-day moving average price is $45.81. American States Water Company has a 52 week low of $37.47 and a 52 week high of $51.75.

American States Water (NYSE:AWR) last announced its earnings results on Wednesday, August 2nd. The utilities provider reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.17. American States Water had a net margin of 15.44% and a return on equity of 13.70%. The company had revenue of $113.20 million for the quarter, compared to analysts’ expectations of $119.23 million. During the same quarter in the previous year, the company posted $0.45 EPS. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. Equities analysts forecast that American States Water Company will post $1.70 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 2.05%. The ex-dividend date of this dividend is Friday, August 11th. This is a boost from American States Water’s previous quarterly dividend of $0.24. American States Water’s payout ratio is 52.43%.

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A number of equities research analysts recently issued reports on AWR shares. Zacks Investment Research downgraded shares of American States Water from a “hold” rating to a “sell” rating in a research note on Wednesday, April 26th. BidaskClub downgraded shares of American States Water from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 22nd. Finally, US Capital Advisors reaffirmed a “hold” rating on shares of American States Water in a research note on Monday, July 17th.

In other American States Water news, insider Denise L. Kruger sold 1,250 shares of American States Water stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $45.62, for a total transaction of $57,025.00. Following the sale, the insider now owns 15,697 shares of the company’s stock, valued at approximately $716,097.14. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Gladys Farrow sold 1,210 shares of American States Water stock in a transaction on Wednesday, May 24th. The stock was sold at an average price of $45.30, for a total transaction of $54,813.00. Following the sale, the vice president now directly owns 2,357 shares in the company, valued at approximately $106,772.10. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 57,696 shares of company stock worth $2,755,161. 1.43% of the stock is currently owned by corporate insiders.

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).

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Institutional Ownership by Quarter for American States Water (NYSE:AWR)

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