Avista Corp (AVA) : Gw Henssler Associates Ltd scooped up 80 additional shares in Avista Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 91,368 shares of Avista Corp which is valued at $3,559,697.Avista Corp makes up approximately 0.41% of Gw Henssler Associates Ltd’s portfolio.
Avista Corp opened for trading at $39.45 and hit $39.96 on the upside on Wednesday, eventually ending the session at $39.82, with a gain of 1.22% or 0.48 points. The heightened volatility saw the trading volume jump to 2,50,600 shares. Company has a market cap of $2,489 M.
Other Hedge Funds, Including , Transamerica Financial Advisors reduced its stake in AVA by selling 1,432 shares or 11.15% in the most recent quarter. The Hedge Fund company now holds 11,406 shares of AVA which is valued at $444,378. Avista Corp makes up approx 0.04% of Transamerica Financial Advisors’s portfolio. Acadian Asset Management added AVA to its portfolio by purchasing 25,473 company shares during the most recent quarter which is valued at $1,029,109. Avista Corp makes up approx 0.01% of Acadian Asset Management’s portfolio.Dalton Greiner Hartman Maher Co boosted its stake in AVA in the latest quarter, The investment management firm added 1,324 additional shares and now holds a total of 560,349 shares of Avista Corp which is valued at $22,638,100. Avista Corp makes up approx 1.35% of Dalton Greiner Hartman Maher Co’s portfolio. Quotient Investors added AVA to its portfolio by purchasing 10,000 company shares during the most recent quarter which is valued at $404,000. Avista Corp makes up approx 0.15% of Quotient Investors’s portfolio.Lynch Associatesin reduced its stake in AVA by selling 560 shares or 5.75% in the most recent quarter. The Hedge Fund company now holds 9,185 shares of AVA which is valued at $371,074. Avista Corp makes up approx 0.17% of Lynch Associatesin’s portfolio.
On the company’s financial health, Avista Corp reported $0.54 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Feb 24, 2016. Analyst had a consensus of $0.59.Analysts expectations of $ 632.65.During the same quarter in the previous year, the company posted $0.51 EPS.
Many Wall Street Analysts have commented on Avista Corp. Mizuho Initiated Avista Corp on Mar 31, 2016 to “Neutral”, Price Target of the shares are set at $41.Company shares were Downgraded by UBS on Mar 18, 2016 to ” Sell”, Firm has raised the Price Target to $ 36 from a previous price target of $33 .
Avista Corporation is primarily an electric and natural gas utility with certain other business ventures. The Company operates through two business segments: Avista Utilities and Alaska Electric Light and Power Company (AEL&P). Avista Utilities provides electric distribution and transmission as well as natural gas distribution services in parts of eastern Washington and northern Idaho. It also provides natural gas distribution service in parts of northeastern and southwestern Oregon. AEL&P owns and operates electric generation transmission and distribution facilities located in Juneau. The Company operates other businesses including sheet metal fabrication venture fund investments and real estate investments.