6,404 Shares in American Water Works Company, Inc. (NYSE:AWK) Acquired by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) in the fourth quarter, Holdings Channel reports. The fund acquired 6,404 shares of the utilities provider’s stock, valued at approximately $797,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of AWK. Creative Planning grew its position in American Water Works by 1.6% in the 3rd quarter. Creative Planning now owns 35,523 shares of the utilities provider’s stock valued at $5,195,000 after purchasing an additional 572 shares during the period. Blue Trust Inc. grew its holdings in shares of American Water Works by 66.7% during the third quarter. Blue Trust Inc. now owns 847 shares of the utilities provider’s stock valued at $124,000 after buying an additional 339 shares during the last quarter. Raleigh Capital Management Inc. grew its holdings in shares of 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 during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of American Water Works by 13.0% during the third quarter. Sequoia Financial Advisors LLC now owns 3,326 shares of the utilities provider’s stock worth $486,000 after acquiring an additional 383 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in shares of American Water Works by 2.0% in the 3rd quarter. Signaturefd LLC now owns 4,649 shares of the utilities provider’s stock worth $680,000 after acquiring an additional 90 shares during the last quarter. Institutional investors own 86.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wells Fargo & Company lifted their price target on American Water Works from $129.00 to $133.00 and gave the company an “equal weight” rating in a research note on Thursday. JPMorgan Chase & Co. cut their target price 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. Finally, UBS Group raised American Water Works from a “neutral” rating to a “buy” rating and increased their price target for the company from $151.00 to $155.00 in a research report on Tuesday, November 19th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $140.57.

American Water Works Price Performance

Shares of NYSE AWK opened at $128.66 on Friday. The company has a market capitalization of $25.07 billion, a PE ratio of 25.48, a PEG ratio of 2.69 and a beta of 0.72. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 1.21. The stock’s 50 day moving average price is $124.91 and its 200-day moving average price is $134.87. American Water Works Company, Inc. has a twelve month low of $113.34 and a twelve month high of $150.68.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.09. The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.11 billion. American Water Works had a return on equity of 9.75% and a net margin of 21.77%. On average, equities analysts anticipate that American Water Works Company, Inc. will post 5.29 EPS for the current year.

American Water Works Announces Dividend

The business 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. The ex-dividend date is Friday, February 7th. This represents a $3.06 annualized dividend and a yield of 2.38%. American Water Works’s payout ratio is currently 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.