American States Water Co (AWR) : Cutter Co Brokerage scooped up 2,163 additional shares in American States Water Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 58,416 shares of American States Water Co which is valued at $2,472,165.American States Water Co makes up approximately 1.05% of Cutter Co Brokerage’s portfolio.
Other Hedge Funds, Including , Tokio Marine Asset Management Co Ltd added AWR to its portfolio by purchasing 5,600 company shares during the most recent quarter which is valued at $242,816. American States Water Co makes up approx 0.02% of Tokio Marine Asset Management Co Ltd’s portfolio.Hl Financial Services boosted its stake in AWR in the latest quarter, The investment management firm added 715 additional shares and now holds a total of 8,168 shares of American States Water Co which is valued at $354,164. American States Water Co makes up approx 0.01% of Hl Financial Services’s portfolio.
American States Water Co closed down -0.66 points or -1.52% at $42.63 with 1,28,476 shares getting traded on Monday. Post opening the session at $43.26, the shares hit an intraday low of $42.53 and an intraday high of $44.4 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, American States Water Co reported $0.45 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.44. The company had revenue of $111.95 million for the quarter, compared to analysts expectations of $113.01 million. The company’s revenue was down -2.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.41 EPS.
Many Wall Street Analysts have commented on American States Water Co. American States Water Co was Upgraded by Ladenburg Thalmann to ” Neutral” on May 11, 2016.
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) and its subsidiaries (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)). The Company operates in three segments: water electric and contracted services. Within the segments AWR has two business units water and electric service utility operations conducted through GSWC and contracted services conducted through ASUS and its subsidiaries. FBWS TUS ODUS PSUS and ONUS may be referred to collectively as the Military Utility Privatization Subsidiaries. GSWC is a California public utility company engaged in the purchase production and distribution of water in 75 communities in 10 counties in the State of California.