American States Water Co Q4 2016 Institutional Investor Sentiment Better Than Expected

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24 May, 2017

Municipal Employees Retirement System of MI increased its stake in shares of American States Water by 1.6% in the third quarter. The Raymond James Trust holds 14,425 shares with $1.04M value, up from 4,269 last quarter. American States Water had a return on equity of 12.65% and a net margin of 13.69%. Also, Director Anne M. Holloway sold 1,200 shares of the business's stock in a transaction dated Tuesday, March 7th. Vulcan Materials Company (NYSE:VMC) has risen 10.59% since May 22, 2016 and is uptrending. It has underperformed by 6.67% the S&P500.

Princeton Portfolio Strategies Group Llc decreased American Water Works Co Inc (AWK) stake by 7.35% reported in 2016Q4 SEC filing. Renaissance Technologies LLC now owns 858,300 shares of the utilities provider's stock worth $39,104,000 after buying an additional 23,700 shares during the period. Corecommodity Management Llc, a Connecticut-based fund reported 18,877 shares. About 107,419 shares traded.

About 27,280 shares traded. The Coca-Cola Co (NYSE:KO) has declined 0.95% since May 23, 2016 and is downtrending. Following the transaction, the vice president now owns 3,090 shares in the company, valued at approximately $134,044.20. State Of Wisconsin Inv Board owns 28,045 shares. Guggenheim (XLG) was reduced too. Based on a 1 to 5 integer scale, analysts have a 2.30 recommendation on the name. Norges Bank bought a new position in shares of American Water Works Company during the fourth quarter worth $219,984,000. Warnock Loyd A sold 1,263 shares worth $94,988. (NYSE:ATR) has "Buy" rating given on Monday, November 2 by Deutsche Bank. Zacks Investment Research lowered American Water Works Company from a "buy" rating to a "hold" rating in a report on Wednesday, March 15th. Therefore 44% are positive. State Street Corp raised its stake in shares of American States Water by 7.1% in the fourth quarter.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 1st. Finally, Robert W. Baird downgraded American Water Works Company from an "outperform" rating to a "neutral" rating and lifted their price objective for the stock from $69.41 to $82.00 in a research report on Wednesday, April 26th. The firm earned "Neutral" rating on Wednesday, May 11 by Ladenburg Thalmann.

More recent American Water Works Company Inc (NYSE:AWK) news were published by: Finance.Yahoo.com which released: "Will American Water Works (AWK) Disappoint in Q1 Earnings?" on May 01, 2017. The firm has "Outperform" rating by Credit Suisse given on Wednesday, April 19. The firm earned "Neutral" rating on Wednesday, January 18 by Macquarie Research.

06/06/2016 - American Water Works was downgraded to "neutral" by analysts at Boenning & Scattergood. HSBC downgraded the stock to "Hold" rating in Wednesday, March 15 report. The stock has "Sell" rating by Janney Capital on Friday, October 16. Barclays Capital initiated the shares of AWR in report on Monday, January 4 with "Underweight" rating. Its down 0.01, from 0.88 in 2016Q3. 81 funds opened positions while 156 raised stakes. 140.42 million shares or 2.14% more from 137.48 million shares in 2016Q3 were reported. 32,595 were accumulated by Utah Retirement Sys.

Among 4 analysts covering American States Water (NYSE:AWR), 1 have Buy rating, 1 Sell and 2 Hold. Following the completion of the transaction, the insider now directly owns 7,146 shares of the company's stock, valued at $317,997. Moreover, Gabelli Funds Ltd Liability Corp has 0.07% invested in American Water Works Company Inc (NYSE:AWK) for 175,000 shares. Art Advsrs reported 38,800 shares or 0.17% of all its holdings. Da Davidson & Com holds 5,037 shares. The California-based Granite Investment Partners Llc has invested 0.9% in the stock. Amp Investors has 577,989 shares. Davis R M holds 39,611 shares or 0.08% of its portfolio. Fort Washington Investment Oh has 128,925 shares.

Investors sentiment decreased to 0.87 in 2016 Q4. It fall, as 28 investors sold MMC shares while 218 reduced holdings. 40 funds opened positions while 33 raised stakes. Btg Pactual Glob Asset Mngmt Ltd invested in 0.62% or 5,454 shares. (NYSE:MMC) for 17,783 shares. Thomas J Herzfeld Inc holds 0.23% of its portfolio in Vulcan Materials Company (NYSE:VMC) for 4,000 shares. Neuberger Berman Grp Inc Lc stated it has 0.01% of its portfolio in Marsh & McLennan Companies, Inc. Moreover, Parametric Associates Ltd Liability has 0.03% invested in Vulcan Materials Company (NYSE:VMC) for 166,778 shares. Hikari Power invested 0.27% of its portfolio in The Coca-Cola Co (NYSE:KO). Louisiana State Employees Retirement Systems holds 0.03% or 14,700 shares in its portfolio. Bp Pcl invested in 65,000 shares or 0.17% of the stock. Capstone Asset Mgmt Com reported 9,082 shares. Howe Rusling reported 0.02% in The Coca-Cola Co (NYSE:KO). (NYSE:MMC). Jacobus Wealth Inc reported 2,750 shares. Envestnet Asset Management Inc stated it has 0.02% of its portfolio in Vulcan Materials Company (NYSE:VMC). (NYSE:MMC). Assetmark Incorporated holds 222,973 shares.

Since February 10, 2017, it had 0 buys, and 5 insider sales for $15.46 million activity. The insider Kuhn Robert sold 45,000 shares worth $3.59 million. (NYSE:MMC) or 41,474 shares. SCANLON PATRICK RONALD had sold 500 shares worth $22,730. MOCZARSKI ALEXANDER S also sold $601,800 worth of Marsh & McLennan Companies, Inc. Another trade for 2,023 shares valued at $141,744 was sold by McDonald Scott. KRUGER DENISE L sold $55,100 worth of stock or 1,250 shares.

Technical analysts have little regard for the value of a company. The business's revenue for the quarter was up 1.7% on a year-over-year basis. AWR's profit will be $16.74 million for 25.24 P/E if the $0.45 EPS becomes a reality. Equities research analysts anticipate that American Water Works Company Inc will post $3.03 EPS for the current year. Cowen Group reported 685,349 shares stake.

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