Kintegral Advisory LLC decreased its position in shares of American Water Works Company, Inc. (NYSE:AWK – Free Report) by 4.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,354 shares of the utilities provider’s stock after selling 202 shares during the period. Kintegral Advisory LLC’s holdings in American Water Works were worth $542,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Crews Bank & Trust acquired a new stake in American Water Works during the fourth quarter valued at $26,000. Catalyst Capital Advisors LLC boosted its position in American Water Works by 155.6% during the third quarter. Catalyst Capital Advisors LLC now owns 299 shares of the utilities provider’s stock valued at $44,000 after purchasing an additional 182 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in American Water Works during the third quarter valued at $51,000. Assetmark Inc. boosted its position in American Water Works by 31.7% during the third quarter. Assetmark Inc. now owns 370 shares of the utilities provider’s stock valued at $54,000 after purchasing an additional 89 shares during the last quarter. Finally, Stonebridge Financial Group LLC acquired a new stake in American Water Works during the fourth quarter valued at $48,000. Institutional investors and hedge funds own 86.58% of the company’s stock.
American Water Works Stock Up 3.1 %
NYSE:AWK opened at $132.63 on Monday. The stock’s fifty day moving average price is $124.93 and its two-hundred day moving average price is $134.63. 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 0.39. The company has a market cap of $25.86 billion, a price-to-earnings ratio of 24.61, a P/E/G ratio of 2.72 and a beta of 0.72.
American Water Works Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 7th will be given a $0.765 dividend. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date is Friday, February 7th. American Water Works’s dividend payout ratio is currently 56.77%.
Analysts Set New Price Targets
A number of analysts have weighed in on the company. UBS Group raised American Water Works from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $151.00 to $155.00 in a research 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 research report on Tuesday, January 28th. Finally, Wells Fargo & Company boosted their price target on American Water Works from $129.00 to $133.00 and gave the stock an “equal weight” rating in a research report on Thursday. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, American Water Works has an average rating of “Hold” and a consensus target price of $140.57.
Get Our Latest Analysis on American Water Works
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.
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