5,900 Shares in H2O America (NASDAQ:HTO) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of H2O America (NASDAQ:HTO - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,900 shares of the utilities provider's stock, valued at approximately $323,000.

Several other institutional investors and hedge funds have also modified their holdings of HTO. Y Intercept Hong Kong Ltd acquired a new stake in shares of H2O America in the 1st quarter valued at about $202,000. Victory Capital Management Inc. grew its position in H2O America by 101.8% during the 1st quarter. Victory Capital Management Inc. now owns 335,164 shares of the utilities provider's stock worth $18,330,000 after acquiring an additional 169,038 shares during the last quarter. CWM LLC grew its stake in shares of H2O America by 240.2% in the first quarter. CWM LLC now owns 1,395 shares of the utilities provider's stock worth $76,000 after purchasing an additional 985 shares during the last quarter. Hughes Financial Services LLC bought a new position in H2O America during the 1st quarter worth approximately $47,000. Finally, Mutual of America Capital Management LLC boosted its position in shares of H2O America by 1,869.7% during the 1st quarter. Mutual of America Capital Management LLC now owns 90,272 shares of the utilities provider's stock valued at $4,937,000 after purchasing an additional 85,689 shares in the last quarter. 84.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HTO has been the subject of a number of recent research reports. Wells Fargo & Company decreased their price objective on H2O America from $60.00 to $58.00 and set an "equal weight" rating for the company in a report on Wednesday, July 30th. Wall Street Zen began coverage on shares of H2O America in a research report on Thursday, May 22nd. They set a "hold" rating for the company.

H2O America Stock Performance

NASDAQ:HTO traded up $0.63 during mid-day trading on Thursday, reaching $50.20. The company's stock had a trading volume of 131,276 shares, compared to its average volume of 267,182. H2O America has a 12-month low of $44.91 and a 12-month high of $61.97. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.15. The firm's fifty day moving average price is $52.29 and its two-hundred day moving average price is $51.97. The stock has a market cap of $1.77 billion, a P/E ratio of 16.46, a PEG ratio of 2.54 and a beta of 0.53.

H2O America (NASDAQ:HTO - Get Free Report) last issued its earnings results on Monday, July 28th. The utilities provider reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.04. H2O America had a net margin of 13.03% and a return on equity of 7.67%. The company had revenue of $198.26 million during the quarter, compared to the consensus estimate of $183.26 million. On average, equities analysts forecast that H2O America will post 2.75 EPS for the current fiscal year.

H2O America Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Monday, August 11th. This represents a $1.68 annualized dividend and a yield of 3.3%. H2O America's dividend payout ratio (DPR) is presently 55.08%.

About H2O America

SJW Group, through its subsidiaries, provides water utility and other related services in the United States. It operates in Water Utility Services and Real Estate Services segments. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District.