Crestwood Advisors Group LLC Purchases 163 Shares of American Water Works Company, Inc. (NYSE:AWK)

Crestwood Advisors Group LLC boosted its position in American Water Works Company, Inc. (NYSE:AWK) by 3.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,704 shares of the utilities provider’s stock after purchasing an additional 163 shares during the quarter. Crestwood Advisors Group LLC’s holdings in American Water Works were worth $586,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Crews Bank & Trust bought a new position in American Water Works in the fourth quarter worth $26,000. Catalyst Capital Advisors LLC raised 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 in the last quarter. Stonebridge Financial Group LLC bought a new position in American Water Works in the fourth quarter worth $48,000. Rosenberg Matthew Hamilton raised its holdings 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 in the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in American Water Works in the third quarter worth $51,000. Institutional investors own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and raised their price target for the company from $151.00 to $155.00 in a report on Tuesday, November 19th. JPMorgan Chase & Co. reduced their price target on American Water Works from $147.00 to $128.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. Finally, Wells Fargo & Company raised their price target on American Water Works from $129.00 to $133.00 and gave the company an “equal weight” rating in a report on Thursday, February 20th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $140.57.

American Water Works Trading Up 2.7 %

American Water Works stock opened at $137.26 on Wednesday. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.39 and a quick ratio of 0.35. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $150.68. The stock has a market capitalization of $26.76 billion, a PE ratio of 25.47, a price-to-earnings-growth ratio of 2.80 and a beta of 0.72. The business’s fifty day moving average is $125.19 and its 200 day moving average is $134.52.

American Water Works (NYSE:AWK) last released its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating the consensus estimate of $1.13 by $0.09. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.11 billion. On average, sell-side analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current year.

American Water Works Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 7th will be given a $0.765 dividend. The ex-dividend date is Friday, February 7th. This represents a $3.06 annualized dividend and a yield of 2.23%. American Water Works’s payout ratio is 56.77%.

American Water Works 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.