American Water Works Company, Inc. (NYSE:AWK) Shares Sold by Everpar Advisors LLC

Everpar Advisors LLC lessened its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 6.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,089 shares of the utilities provider’s stock after selling 143 shares during the quarter. Everpar Advisors LLC’s holdings in American Water Works were worth $260,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of AWK. Catalyst Capital Advisors LLC lifted its holdings in American Water Works by 155.6% in the third quarter. Catalyst Capital Advisors LLC now owns 299 shares of the utilities provider’s stock worth $44,000 after purchasing an additional 182 shares during the period. Rosenberg Matthew Hamilton lifted its position in American Water Works by 29.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider’s stock worth $50,000 after purchasing an additional 90 shares during the period. Ashton Thomas Securities LLC bought a new stake in shares of American Water Works in the 3rd quarter worth $51,000. Assetmark Inc. lifted its holdings in shares of American Water Works by 31.7% in 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 during the period. Finally, Raleigh Capital Management Inc. boosted its stake in American Water Works by 446.2% during the third quarter. Raleigh Capital Management Inc. now owns 426 shares of the utilities provider’s stock valued at $62,000 after buying an additional 348 shares in the last quarter. Institutional investors own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. 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. Bank of America restated an “underperform” rating and set a $140.00 target price on shares of American Water Works in a report on Friday, September 20th. Jefferies Financial Group began coverage on American Water Works in a report on Monday, October 7th. They issued an “underperform” rating and a $124.00 price target on the stock. Mizuho lowered American Water Works from an “outperform” rating to a “neutral” rating and raised their price objective for the stock from $131.00 to $140.00 in a research note on Tuesday, October 15th. Finally, Wells Fargo & Company raised American Water Works from an “underweight” rating to an “equal weight” rating and cut their target price for the stock from $133.00 to $129.00 in a research report on Tuesday, January 7th. Three 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 stock. Based on data from MarketBeat, American Water Works currently has an average rating of “Hold” and an average target price of $141.00.

American Water Works Trading Up 0.3 %

American Water Works stock opened at $126.69 on Friday. The company has a 50 day moving average price of $129.63 and a 200 day moving average price of $136.97. The firm has a market capitalization of $24.69 billion, a price-to-earnings ratio of 25.09, a P/E/G ratio of 2.61 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 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 7th will be given a dividend of $0.765 per share. This represents a $3.06 annualized dividend and a yield of 2.42%. The ex-dividend date is Friday, February 7th. American Water Works’s payout ratio is 60.59%.

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.