Is American States Water (NYSE:AWR) Now a Sell? How Analysts Rate it and Why BidaskScore Downgraded The Stock

Investors sentiment increased to 1.39 in Q4 2018. Its up 0.47, from 0.92 in 2018Q3. It is positive, as 15 investors sold American States Water Company shares while 59 reduced holdings. 37 funds opened positions while 66 raised stakes. 26.34 million shares or 5.23% more from 25.03 million shares in 2018Q3 were reported.

Mutual Of America Cap Mngmt Ltd holds 0% or 907 shares in its portfolio. Rhumbline Advisers owns 114,761 shares for 0.02% of their portfolio. Amp Capital Investors Limited holds 30,375 shares or 0.01% of its portfolio. Kelly Lawrence W And Associate Ca, California-based fund reported 2,780 shares. Moreover, Essex Financial has 0.07% invested in American States Water Company (NYSE:AWR). Mackenzie Fin Corporation has 0% invested in American States Water Company (NYSE:AWR). Captrust Fin Advisors stated it has 1,400 shares. Mason Street Limited Liability Corp holds 11,411 shares or 0.02% of its portfolio. Dimensional Fund Advisors Limited Partnership has 0.04% invested in American States Water Company (NYSE:AWR). Gotham Asset Mngmt Limited Liability Company has 5,062 shares. Walthausen & Communications owns 86,150 shares. Vision Capital Mgmt Inc reported 0.07% in American States Water Company (NYSE:AWR). First Manhattan, New York-based fund reported 1,400 shares. Citigroup Inc stated it has 0% in American States Water Company (NYSE:AWR). Dekabank Deutsche Girozentrale holds 0.01% of its portfolio in American States Water Company (NYSE:AWR) for 18,000 shares.

Since October 1, 2018, it had 0 buys, and 11 insider sales for $591,330 activity. $33,520 worth of American States Water Company (NYSE:AWR) shares were sold by HOLLOWAY ANNE M. $20,178 worth of American States Water Company (NYSE:AWR) was sold by SWITZER BRYAN K. Another trade for 600 shares valued at $41,700 was sold by TANG EVA G. 500 shares valued at $32,440 were sold by ROSS LLOYD E on Monday, January 7.

American States Water (NYSE:AWR) Receives a Downgrade

In a report sent to clients and investors on Friday morning, BidaskScore revealed that they have decided to downgrade shares of American States Water (NYSE:AWR) to a “Buy”.

American States Water Company (NYSE:AWR) Ratings Coverage

Among 3 analysts covering American States Water (NYSE:AWR), 0 have Buy rating, 3 Sell and 0 Hold. Therefore 0 are positive. American States Water has $62 highest and $52 lowest target. $56’s average target is -21.04% below currents $70.92 stock price. American States Water had 3 analyst reports since September 17, 2018 according to SRatingsIntel. Wells Fargo maintained American States Water Company (NYSE:AWR) on Wednesday, February 27 with “Sell” rating. The stock has “Sell” rating by UBS on Monday, March 11.

The stock increased 0.31% or $0.22 during the last trading session, reaching $70.92. About 388,156 shares traded or 115.58% up from the average. American States Water Company (NYSE:AWR) has risen 36.94% since March 16, 2018 and is uptrending. It has outperformed by 32.57% the S&P500.

Analysts await American States Water Company (NYSE:AWR) to report earnings on May, 6. They expect $0.36 earnings per share, up 24.14 % or $0.07 from last year’s $0.29 per share. AWR’s profit will be $13.24 million for 49.25 P/E if the $0.36 EPS becomes a reality. After $0.37 actual earnings per share reported by American States Water Company for the previous quarter, Wall Street now forecasts -2.70 % negative EPS growth.

American States Water Company, through its subsidiaries, provides water and electric services to residential, industrial, and other clients in the United States. The company has market cap of $2.61 billion. It operates through three divisions: Water, Electric, and Contracted Services. It has a 41.14 P/E ratio. The firm purchases, produces, distributes, and sells water, as well as distributes electricity.

More notable recent American States Water Company (NYSE:AWR) news were published by: Benzinga.com which released: “Earnings Scheduled For February 25, 2019 – Benzinga” on February 25, 2019, also Seekingalpha.com with their article: “American States Water Co. (AWR) CEO Bob Sprowls on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on February 26, 2019, Seekingalpha.com published: “American States Water: Longest Dividend Growth Streak In History, But Is It A Buy? – Seeking Alpha” on December 08, 2018. More interesting news about American States Water Company (NYSE:AWR) were released by: Seekingalpha.com and their article: “Dividend Champion Spotlight: American States Water Co. – Seeking Alpha” published on July 22, 2018 as well as Fool.com‘s news article titled: “5 Dividend Kings Built for the Long Term – Motley Fool” with publication date: January 29, 2019.

American States Water Company (NYSE:AWR) Institutional Positions Chart

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