Amundi Sells 5,891 Shares of American States Water Company $AWR

Amundi reduced its holdings in shares of American States Water Company (NYSE:AWR - Free Report) by 2.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 245,227 shares of the utilities provider's stock after selling 5,891 shares during the period. Amundi owned 0.64% of American States Water worth $19,547,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Graham Capital Management L.P. grew its holdings in American States Water by 17.6% during the 1st quarter. Graham Capital Management L.P. now owns 11,584 shares of the utilities provider's stock worth $911,000 after acquiring an additional 1,735 shares during the period. Baird Financial Group Inc. grew its holdings in American States Water by 23.7% during the 1st quarter. Baird Financial Group Inc. now owns 3,260 shares of the utilities provider's stock worth $256,000 after acquiring an additional 625 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in American States Water during the 1st quarter worth about $1,470,000. Jump Financial LLC acquired a new stake in American States Water during the 1st quarter worth about $202,000. Finally, Smartleaf Asset Management LLC grew its holdings in American States Water by 62.2% during the 1st quarter. Smartleaf Asset Management LLC now owns 2,413 shares of the utilities provider's stock worth $187,000 after acquiring an additional 925 shares during the period. 75.24% of the stock is currently owned by institutional investors and hedge funds.

American States Water Trading Down 0.4%

American States Water stock traded down $0.32 during trading hours on Friday, reaching $73.16. 304,196 shares of the company's stock were exchanged, compared to its average volume of 202,277. The firm has a market capitalization of $2.82 billion, a PE ratio of 22.37, a PEG ratio of 3.96 and a beta of 0.64. The firm's 50 day simple moving average is $74.82 and its 200 day simple moving average is $76.95. The company has a quick ratio of 1.46, a current ratio of 1.56 and a debt-to-equity ratio of 0.97. American States Water Company has a twelve month low of $70.29 and a twelve month high of $87.50.

American States Water (NYSE:AWR - Get Free Report) last issued its earnings results on Wednesday, August 6th. The utilities provider reported $0.87 EPS for the quarter, missing the consensus estimate of $0.92 by ($0.05). The firm had revenue of $163.07 million during the quarter, compared to analyst estimates of $170.64 million. American States Water had a net margin of 20.26% and a return on equity of 13.14%. The business's quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.85 earnings per share. Research analysts predict that American States Water Company will post 3.34 earnings per share for the current year.

American States Water Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Friday, August 15th were paid a $0.504 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.02 annualized dividend and a dividend yield of 2.8%. This is a boost from American States Water's previous quarterly dividend of $0.47. American States Water's dividend payout ratio (DPR) is 61.77%.

American States Water Profile

American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, 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.