American Water Works Company, Inc. (NYSE:AWK) Shares Bought by St. Johns Investment Management Company LLC

St. Johns Investment Management Company LLC lifted its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,231 shares of the utilities provider’s stock after acquiring an additional 105 shares during the period. St. Johns Investment Management Company LLC’s holdings in American Water Works were worth $402,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Intech Investment Management LLC acquired a new stake in shares of American Water Works in the second quarter worth $875,000. Pacer Advisors Inc. lifted its position in American Water Works by 4.8% during the 2nd quarter. Pacer Advisors Inc. now owns 13,812 shares of the utilities provider’s stock worth $1,784,000 after acquiring an additional 635 shares in the last quarter. ProShare Advisors LLC grew its position in American Water Works by 1.5% in the second quarter. ProShare Advisors LLC now owns 43,211 shares of the utilities provider’s stock valued at $5,581,000 after acquiring an additional 629 shares in the last quarter. Public Sector Pension Investment Board lifted its position in shares of American Water Works by 49.9% during the second quarter. Public Sector Pension Investment Board now owns 33,029 shares of the utilities provider’s stock worth $4,266,000 after purchasing an additional 10,994 shares in the last quarter. Finally, Bank of Montreal Can lifted its stake in shares of American Water Works by 4.5% in the second quarter. Bank of Montreal Can now owns 378,639 shares of the utilities provider’s stock worth $49,208,000 after acquiring an additional 16,477 shares in the last quarter. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

American Water Works Trading Up 0.1 %

Shares of NYSE AWK opened at $121.86 on Friday. The stock has a market cap of $23.75 billion, a price-to-earnings ratio of 24.13, a PEG ratio of 2.62 and a beta of 0.71. American Water Works Company, Inc. has a 52 week low of $113.34 and a 52 week high of $150.68. The business has a 50 day simple moving average of $128.94 and a 200 day simple moving average of $136.94. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.53 and a current ratio of 0.58.

American Water Works Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 7th will be issued a dividend of $0.765 per share. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date is Friday, February 7th. American Water Works’s dividend payout ratio is 60.59%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Jefferies Financial Group assumed coverage on American Water Works in a research note on Monday, October 7th. They set an “underperform” rating and a $124.00 price objective on the stock. Mizuho lowered American Water Works from an “outperform” rating to a “neutral” rating and raised their price target for the company from $131.00 to $140.00 in a report on Tuesday, October 15th. Wells Fargo & Company raised American Water Works from an “underweight” rating to an “equal weight” rating and dropped their target price for the stock from $133.00 to $129.00 in a report on Tuesday, January 7th. Finally, UBS Group raised shares of American Water Works from a “neutral” rating to a “buy” rating and upped their price target for the company from $151.00 to $155.00 in a report on Tuesday, November 19th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, American Water Works has an average rating of “Hold” and an average price target of $141.00.

American Water Works Company Profile

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.