UBS Group AG Has $5.51 Million Position in H2O America $HTO

UBS Group AG cut its holdings in H2O America (NASDAQ:HTO) by 11.3% during the fourth quarter, HoldingsChannel reports. The firm owned 112,387 shares of the utilities provider’s stock after selling 14,339 shares during the period. UBS Group AG’s holdings in H2O America were worth $5,506,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in HTO. Vanguard Group Inc. acquired a new stake in H2O America in the 4th quarter valued at approximately $133,834,000. Amundi acquired a new position in shares of H2O America during the third quarter worth approximately $105,965,000. First Trust Advisors LP bought a new stake in shares of H2O America in the third quarter valued at approximately $64,063,000. Dimensional Fund Advisors LP bought a new stake in shares of H2O America in the third quarter valued at approximately $31,737,000. Finally, Invesco Ltd. bought a new stake in shares of H2O America in the third quarter valued at approximately $27,753,000. Institutional investors and hedge funds own 84.29% of the company’s stock.

H2O America Trading Up 1.0%

Shares of H2O America stock opened at $56.91 on Thursday. The firm has a market capitalization of $2.38 billion, a PE ratio of 19.49, a price-to-earnings-growth ratio of 6.30 and a beta of 0.35. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.02 and a quick ratio of 2.02. The company’s fifty day moving average price is $57.99 and its two-hundred day moving average price is $53.17. H2O America has a 52-week low of $43.75 and a 52-week high of $61.87.

H2O America (NASDAQ:HTO) last released its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The company had revenue of $183.29 million during the quarter. H2O America had a net margin of 12.87% and a return on equity of 6.76%. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. On average, analysts expect that H2O America will post 2.7 EPS for the current year.

H2O America Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Monday, May 11th. H2O America’s dividend payout ratio is 60.27%.

Insider Transactions at H2O America

In related news, major shareholder Atlas Holdings Ltd Gip bought 50,385 shares of the business’s stock in a transaction that occurred on Friday, April 10th. The stock was acquired at an average price of $59.06 per share, for a total transaction of $2,975,738.10. Following the transaction, the insider directly owned 4,582,469 shares of the company’s stock, valued at $270,640,619.14. This represents a 1.11% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Atlas Infrastructure Partners purchased 50,385 shares of the firm’s stock in a transaction that occurred on Friday, April 10th. The stock was bought at an average cost of $59.06 per share, for a total transaction of $2,975,738.10. Following the purchase, the insider owned 4,582,469 shares in the company, valued at $270,640,619.14. This represents a 1.11% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.52% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on HTO. Wells Fargo & Company began coverage on shares of H2O America in a research report on Monday, May 11th. They set an “equal weight” rating and a $60.00 target price on the stock. TD Cowen initiated coverage on shares of H2O America in a report on Thursday, April 16th. They issued a “hold” rating and a $64.00 price target for the company. Barclays dropped their price objective on shares of H2O America from $63.00 to $60.00 and set an “overweight” rating on the stock in a report on Wednesday, April 15th. BTIG Research reaffirmed a “buy” rating and set a $61.00 price objective on shares of H2O America in a research report on Tuesday, March 3rd. Finally, Zacks Research downgraded H2O America from a “hold” rating to a “strong sell” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, H2O America presently has an average rating of “Moderate Buy” and an average price target of $62.17.

H2O America Profile

SJW Group, through its subsidiaries, provides water utility and other related services in the United States. It operates in Water Utility Services and Real Estate Services segments. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District.