Westwood Holdings Group sold 182,554 Avista Corp. shares in Q2, reducing its stake by 9.6%.
Westwood Holdings Group Inc. reduced its stake in Avista Corp. by 9.6% in Q2, owning 1,722,097 shares after selling 182,554. Avista reported Q2 earnings of $0.29 per share, exceeding estimates, with revenue of $390.8 million, a 6% year-over-year increase. The company declared a dividend of $0.475 per share. Bank of America rated Avista as "underperform" with a $37 target price. Other institutional investors also adjusted their holdings during this period.
September 21, 2024
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