Avista Corp (AVA) : Dalton Greiner Hartman Maher Co scooped up 2,204 additional shares in Avista Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 13, 2016. The investment management firm now holds a total of 562,553 shares of Avista Corp which is valued at $24,752,332.Avista Corp makes up approximately 1.48% of Dalton Greiner Hartman Maher Co’s portfolio.
Other Hedge Funds, Including , Capstone Asset Management Co boosted its stake in AVA in the latest quarter, The investment management firm added 580 additional shares and now holds a total of 19,640 shares of Avista Corp which is valued at $864,160. Avista Corp makes up approx 0.03% of Capstone Asset Management Co’s portfolio.American Investment Services reduced its stake in AVA by selling 470 shares or 1.61% in the most recent quarter. The Hedge Fund company now holds 28,722 shares of AVA which is valued at $1,263,768. Avista Corp makes up approx 0.54% of American Investment Services’s portfolio. Quotient Investors sold out all of its stake in AVA during the most recent quarter. The investment firm sold 10,000 shares of AVA which is valued $440,000.Alpha Windward reduced its stake in AVA by selling 360 shares or 3.41% in the most recent quarter. The Hedge Fund company now holds 10,200 shares of AVA which is valued at $450,636. Avista Corp makes up approx 0.32% of Alpha Windward’s portfolio.
Avista Corp closed down -0.13 points or -0.30% at $43.31 with 3,25,980 shares getting traded on Monday. Post opening the session at $43.55, the shares hit an intraday low of $43.2301 and an intraday high of $43.73 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Avista Corp reported $0.89 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on May 4, 2016. Analyst had a consensus of $0.80. The company had revenue of $418.20 million for the quarter, compared to analysts expectations of $477.79 million. The company’s revenue was down -6.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.74 EPS.
Many Wall Street Analysts have commented on Avista Corp. Company shares were Reiterated by Williams Capital Group on May 5, 2016 to “Hold”, Firm has raised the Price Target to $ 37 from a previous price target of $35 .
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.