Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 5,900 H2O America (NASDAQ:HTO)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in H2O America (NASDAQ:HTO - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,900 shares of the utilities provider's stock, valued at approximately $323,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp grew its holdings in shares of H2O America by 2.2% in the 4th quarter. Stifel Financial Corp now owns 10,270 shares of the utilities provider's stock worth $505,000 after acquiring an additional 223 shares during the period. Russell Investments Group Ltd. raised its position in H2O America by 64.4% in the fourth quarter. Russell Investments Group Ltd. now owns 766 shares of the utilities provider's stock valued at $38,000 after purchasing an additional 300 shares during the period. Quarry LP grew its stake in shares of H2O America by 123.4% during the fourth quarter. Quarry LP now owns 668 shares of the utilities provider's stock valued at $33,000 after acquiring an additional 369 shares in the last quarter. Gallagher Fiduciary Advisors LLC grew its stake in shares of H2O America by 12.0% during the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 5,484 shares of the utilities provider's stock valued at $270,000 after acquiring an additional 589 shares in the last quarter. Finally, Hughes Financial Services LLC bought a new position in H2O America in the first quarter worth about $47,000. Hedge funds and other institutional investors own 84.29% of the company's stock.

H2O America Stock Down 0.5%

HTO traded down $0.24 during midday trading on Tuesday, hitting $49.53. The company had a trading volume of 266,141 shares, compared to its average volume of 274,976. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 16.24, a PEG ratio of 2.56 and a beta of 0.53. The stock's 50 day moving average price is $52.38 and its 200 day moving average price is $52.00. H2O America has a 52 week low of $44.91 and a 52 week high of $61.97. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.15.

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

H2O America Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be paid a $0.42 dividend. The ex-dividend date is Monday, August 11th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.4%. H2O America's payout ratio is currently 55.08%.

Analyst Ratings Changes

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

H2O America Profile

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.