American Water Works Company, Inc. (NYSE:AWK) Shares Bought by Quilter Plc

Quilter Plc raised its holdings in American Water Works Company, Inc. (NYSE:AWK) by 2.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 202,884 shares of the utilities provider’s stock after acquiring an additional 5,771 shares during the quarter. Quilter Plc owned 0.10% of American Water Works worth $25,257,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Crews Bank & Trust purchased a new stake in shares of American Water Works in the 4th quarter valued at approximately $26,000. Catalyst Capital Advisors LLC lifted its holdings in shares of American Water Works by 155.6% in the third quarter. Catalyst Capital Advisors LLC now owns 299 shares of the utilities provider’s stock valued at $44,000 after purchasing an additional 182 shares in the last quarter. Rosenberg Matthew Hamilton lifted its holdings in shares of American Water Works by 29.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider’s stock valued at $50,000 after purchasing an additional 90 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in shares of American Water Works in the third quarter worth $51,000. Finally, Assetmark Inc. grew its holdings in shares of American Water Works by 31.7% during the third quarter. Assetmark Inc. now owns 370 shares of the utilities provider’s stock valued at $54,000 after buying an additional 89 shares in the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

American Water Works Stock Down 1.2 %

Shares of American Water Works stock opened at $122.53 on Monday. The firm has a market cap of $23.88 billion, a price-to-earnings ratio of 24.26, a P/E/G ratio of 2.62 and a beta of 0.72. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.58 and a quick ratio of 0.53. American Water Works Company, Inc. has a 52-week low of $113.34 and a 52-week high of $150.68. The stock has a 50-day simple moving average of $125.92 and a 200-day simple moving average of $135.83.

American Water Works Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 7th will be issued a $0.765 dividend. The ex-dividend date is Friday, February 7th. This represents a $3.06 annualized dividend and a yield of 2.50%. American Water Works’s dividend payout ratio (DPR) is currently 60.59%.

Analysts Set New Price Targets

Several equities analysts have weighed in on AWK shares. Wells Fargo & Company raised American Water Works from an “underweight” rating to an “equal weight” rating and lowered their target price for the company from $133.00 to $129.00 in a research note on Tuesday, January 7th. JPMorgan Chase & Co. lowered their target price on American Water Works from $147.00 to $128.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 28th. Mizuho cut American Water Works from an “outperform” rating to a “neutral” rating and lifted their target price for the company from $131.00 to $140.00 in a research note on Tuesday, October 15th. Finally, UBS Group raised American Water Works from a “neutral” rating to a “buy” rating and lifted their target price for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $139.38.

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.