Stephens Inc. AR Has $853,000 Stock Holdings in American Water Works Company, Inc. (NYSE:AWK)

Stephens Inc. AR grew its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 5.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,853 shares of the utilities provider’s stock after buying an additional 332 shares during the period. Stephens Inc. AR’s holdings in American Water Works were worth $853,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Crews Bank & Trust bought a new position in American Water Works during the 4th quarter worth $26,000. Catalyst Capital Advisors LLC increased its position in American Water Works by 155.6% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 299 shares of the utilities provider’s stock worth $44,000 after buying an additional 182 shares during the period. Rosenberg Matthew Hamilton increased its position in American Water Works by 29.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider’s stock worth $50,000 after buying an additional 90 shares during the period. Ashton Thomas Securities LLC bought a new position in American Water Works during the 3rd quarter worth $51,000. Finally, Assetmark Inc. increased its position in American Water Works by 31.7% during the 3rd quarter. Assetmark Inc. now owns 370 shares of the utilities provider’s stock worth $54,000 after buying an additional 89 shares during the period. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Performance

Shares of AWK stock opened at $126.79 on Friday. The business’s 50-day moving average price is $125.38 and its 200-day moving average price is $135.47. American Water Works Company, Inc. has a 12 month low of $113.34 and a 12 month high of $150.68. The firm has a market capitalization of $24.71 billion, a price-to-earnings ratio of 25.11, a PEG ratio of 2.62 and a beta of 0.72. 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 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 7th will be paid a dividend of $0.765 per share. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Friday, February 7th. American Water Works’s payout ratio is 60.59%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on AWK shares. UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $151.00 to $155.00 in a research report on Tuesday, November 19th. Wells Fargo & Company upgraded American Water Works from an “underweight” rating to an “equal weight” rating and decreased their price target for the stock from $133.00 to $129.00 in a research report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. decreased their price target on American Water Works from $147.00 to $128.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 28th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock 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.