Avista
About: Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon and Montana. AEL&P is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.
Employees: 1,858
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
152% more call options, than puts
Call options by funds: $2.55M | Put options by funds: $1.01M
33% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 36
10% more capital invested
Capital invested by funds: $2.38B [Q2] → $2.61B (+$233M) [Q3]
4% more funds holding
Funds holding: 315 [Q2] → 327 (+12) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 111
1.59% less ownership
Funds ownership: 87.82% [Q2] → 86.23% (-1.59%) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Jefferies Julien Dumoulin-Smith 54% 1-year accuracy 73 / 135 met price target | 11%upside $40 | Hold Initiated | 9 Dec 2024 |