American States Water Company (NYSE:AWR) CEO Robert J. Sprowls sold 5,614 shares of American States Water stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $51.00, for a total value of $286,314.00. Following the completion of the sale, the chief executive officer now directly owns 111,346 shares in the company, valued at approximately $5,678,646. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

American States Water Company (NYSE AWR) traded down 0.51% during mid-day trading on Tuesday, hitting $50.56. The company’s stock had a trading volume of 67,946 shares. American States Water Company has a 52-week low of $37.47 and a 52-week high of $51.10. The firm has a market cap of $1.85 billion, a price-to-earnings ratio of 27.31 and a beta of 0.47. The firm has a 50 day moving average of $48.34 and a 200-day moving average of $45.52.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.02%. 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 dividend payout ratio is 52.43%.

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Several research firms have issued reports on AWR. BidaskClub downgraded American States Water from a “buy” rating to a “hold” rating in a research note on Sunday, July 16th. Zacks Investment Research downgraded American States Water from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. Finally, US Capital Advisors reissued a “hold” rating on shares of American States Water in a research note on Monday, July 17th.

Several institutional investors have recently added to or reduced their stakes in AWR. State of Alaska Department of Revenue boosted its position in American States Water by 2.0% in the first quarter. State of Alaska Department of Revenue now owns 4,040 shares of the utilities provider’s stock worth $178,000 after buying an additional 80 shares during the period. Eqis Capital Management Inc. boosted its position in American States Water by 0.7% in the second quarter. Eqis Capital Management Inc. now owns 13,442 shares of the utilities provider’s stock worth $637,000 after buying an additional 93 shares during the period. IFP Advisors Inc boosted its position in American States Water by 1.9% in the second quarter. IFP Advisors Inc now owns 5,548 shares of the utilities provider’s stock worth $263,000 after buying an additional 101 shares during the period. PNC Financial Services Group Inc. boosted its position in American States Water by 0.9% in the first quarter. PNC Financial Services Group Inc. now owns 15,165 shares of the utilities provider’s stock worth $672,000 after buying an additional 139 shares during the period. Finally, Asset Management One Co. Ltd. boosted its position in American States Water by 2.9% in the first quarter. Asset Management One Co. Ltd. now owns 6,151 shares of the utilities provider’s stock worth $270,000 after buying an additional 174 shares during the period. 67.57% of the stock is currently owned by institutional investors.

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).

Insider Buying and Selling by Quarter for American States Water (NYSE:AWR)

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