Jackson Creek Investment Advisors LLC Invests $1.86 Million in H2O America $HTO

Jackson Creek Investment Advisors LLC bought a new position in shares of H2O America (NASDAQ:HTO) during the 4th quarter, HoldingsChannel reports. The fund bought 37,863 shares of the utilities provider’s stock, valued at approximately $1,855,000.

Several other institutional investors and hedge funds have also made changes to their positions in HTO. Vanguard Group Inc. acquired a new position in shares of H2O America during the 4th quarter worth approximately $133,834,000. Amundi acquired a new position in shares of H2O America during the 3rd quarter worth approximately $105,965,000. First Trust Advisors LP acquired a new position in shares of H2O America during the 3rd quarter worth approximately $64,063,000. Dimensional Fund Advisors LP acquired a new position in shares of H2O America during the 3rd quarter worth approximately $31,737,000. Finally, Invesco Ltd. acquired a new position in shares of H2O America during the 3rd quarter worth approximately $27,753,000. 84.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Bank of America restated a “buy” rating on shares of H2O America in a report on Wednesday, April 22nd. Weiss Ratings upgraded H2O America from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Zacks Research cut H2O America from a “hold” rating to a “strong sell” rating in a report on Monday, May 4th. BTIG Research restated a “buy” rating and set a $61.00 target price on shares of H2O America in a report on Tuesday, March 3rd. Finally, Wells Fargo & Company initiated coverage on H2O America in a report on Monday, May 11th. They set an “equal weight” rating and a $60.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, H2O America presently has a consensus rating of “Moderate Buy” and an average price target of $62.17.

H2O America Trading Down 0.9%

HTO opened at $57.62 on Wednesday. H2O America has a one year low of $43.75 and a one year high of $61.87. The stock has a market capitalization of $2.41 billion, a PE ratio of 19.73, a P/E/G ratio of 6.50 and a beta of 0.35. The business’s 50 day moving average price is $58.02 and its 200 day moving average price is $53.48. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.02 and a current ratio of 2.02.

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

H2O America Dividend Announcement

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

Insider Buying and Selling

In other H2O America news, major shareholder Atlas Holdings Ltd Gip acquired 50,385 shares of the firm’s stock in a transaction that occurred on Friday, April 10th. The shares were purchased at an average cost of $59.06 per share, for a total transaction of $2,975,738.10. Following the completion of the acquisition, the insider owned 4,582,469 shares of the company’s stock, valued at approximately $270,640,619.14. The trade was a 1.11% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Atlas Infrastructure Partners acquired 50,385 shares of the firm’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 completion of the acquisition, the insider directly owned 4,582,469 shares of the company’s stock, valued at $270,640,619.14. The trade was a 1.11% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.52% of the company’s stock.

About H2O America

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.