American States Water Company (NYSE:AWR) Q4 2023 Earnings Call Transcript February 22, 2024 American States Water Company isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, thank you for standing by. Welcome to the American States Water Company […]
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"Management quality is also something we focus on. We look for managements that walk the talk, and those that display sharing the wealth with the minority. Capital allocation is another aspect that takes precedence over other aspects for us. We like to invest in companies that have a return on capital substantially higher than the cost of capital or are near to achieving the same in the near future."