American States Water Co (NYSE:AWR) VP Bryan K. Switzer sold 400 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $85.13, for a total transaction of $34,052.00. Following the transaction, the vice president now owns 9,584 shares in the company, valued at approximately $815,885.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

AWR stock traded down $0.68 during mid-day trading on Monday, reaching $84.61. 201,688 shares of the stock traded hands, compared to its average volume of 200,825. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.05 and a current ratio of 1.11. American States Water Co has a one year low of $63.15 and a one year high of $96.00. The stock has a market capitalization of $3.14 billion, a PE ratio of 49.19, a PEG ratio of 5.10 and a beta of -0.16. The business has a 50-day moving average price of $89.62 and a two-hundred day moving average price of $83.18.

American States Water (NYSE:AWR) last posted its quarterly earnings data on Monday, November 4th. The utilities provider reported $0.69 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.03). American States Water had a net margin of 17.26% and a return on equity of 13.23%. The firm had revenue of $134.50 million for the quarter, compared to the consensus estimate of $135.00 million. During the same quarter last year, the firm earned $0.62 EPS. The company’s revenue was up 8.3% on a year-over-year basis. On average, equities analysts expect that American States Water Co will post 2.09 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date is Thursday, November 14th. American States Water’s dividend payout ratio (DPR) is 70.93%.

A number of 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 $85.00 price objective on the stock in a research report on Thursday, August 8th. ValuEngine cut shares of American States Water from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd.

A number of hedge funds have recently bought and sold shares of AWR. Steward Partners Investment Advisory LLC bought a new position in American States Water during the second quarter valued at $37,000. Gradient Investments LLC bought a new position in shares of American States Water in the third quarter worth about $55,000. Krane Funds Advisors LLC bought a new position in shares of American States Water in the second quarter worth about $58,000. FinTrust Capital Advisors LLC bought a new position in shares of American States Water in the second quarter worth about $62,000. Finally, West Oak Capital LLC bought a new position in shares of American States Water in the third quarter worth about $67,000. Institutional investors and hedge funds own 73.21% of the company’s stock.

American States Water Company Profile

American States Water Company, through its subsidiaries, provides water and electric services to residential, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity.

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