One Charles Private Wealth Services LLC Sells 258 Shares of American Water Works Company, Inc. (NYSE:AWK)

One Charles Private Wealth Services LLC decreased its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 1.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,706 shares of the utilities provider’s stock after selling 258 shares during the quarter. American Water Works accounts for approximately 1.3% of One Charles Private Wealth Services LLC’s investment portfolio, making the stock its 13th largest position. One Charles Private Wealth Services LLC’s holdings in American Water Works were worth $3,467,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Lake Street Advisors Group LLC increased its stake in shares of American Water Works by 4.2% in the 3rd quarter. Lake Street Advisors Group LLC now owns 1,858 shares of the utilities provider’s stock valued at $272,000 after purchasing an additional 75 shares during the last quarter. Miracle Mile Advisors LLC grew its position in American Water Works by 2.9% in the third quarter. Miracle Mile Advisors LLC now owns 2,790 shares of the utilities provider’s stock valued at $408,000 after acquiring an additional 79 shares during the last quarter. Invesco LLC raised its stake in American Water Works by 3.4% during the third quarter. Invesco LLC now owns 2,467 shares of the utilities provider’s stock worth $361,000 after acquiring an additional 82 shares in the last quarter. Asset Dedication LLC lifted its holdings in shares of American Water Works by 1.6% in the second quarter. Asset Dedication LLC now owns 5,415 shares of the utilities provider’s stock worth $699,000 after acquiring an additional 85 shares during the last quarter. Finally, Moody National Bank Trust Division boosted its stake in shares of American Water Works by 2.0% in the 2nd quarter. Moody National Bank Trust Division now owns 4,590 shares of the utilities provider’s stock valued at $593,000 after purchasing an additional 88 shares in the last quarter. 86.58% of the stock is currently owned by institutional investors and hedge funds.

American Water Works Trading Down 1.1 %

NYSE AWK opened at $137.31 on Friday. The firm has a market capitalization of $26.76 billion, a PE ratio of 27.19, a price-to-earnings-growth ratio of 3.23 and a beta of 0.70. The business’s 50-day moving average price is $140.05 and its two-hundred day moving average price is $137.69. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 1.21. American Water Works Company, Inc. has a 12 month low of $113.34 and a 12 month high of $150.68.

American Water Works Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 3rd. Shareholders of record on Tuesday, November 12th will be given a dividend of $0.765 per share. This represents a $3.06 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date of this dividend is Tuesday, November 12th. American Water Works’s dividend payout ratio is presently 60.59%.

Insiders Place Their Bets

In other news, Director Martha Clark Goss sold 710 shares of the stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $142.85, for a total transaction of $101,423.50. Following the completion of the sale, the director now directly owns 36,880 shares in the company, valued at $5,268,308. This represents a 1.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on AWK shares. Royal Bank of Canada reissued an “outperform” rating and issued a $164.00 price objective on shares of American Water Works in a research note on Thursday, September 19th. Wolfe Research upgraded American Water Works to a “hold” rating in a research note on Wednesday, September 18th. UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $151.00 to $155.00 in a research report on Tuesday. Jefferies Financial Group initiated coverage on American Water Works in a research report on Monday, October 7th. They issued an “underperform” rating and a $124.00 target price for the company. Finally, Mizuho lowered American Water Works from an “outperform” rating to a “neutral” rating and lifted their price target for the company from $131.00 to $140.00 in a research note on Tuesday, October 15th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $142.29.

About American Water Works

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.