American Water Works Company, Inc. (NYSE:AWK) Stock Holdings Lowered by Green Alpha Advisors LLC

Green Alpha Advisors LLC trimmed its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,574 shares of the utilities provider’s stock after selling 304 shares during the period. Green Alpha Advisors LLC’s holdings in American Water Works were worth $569,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Catalyst Capital Advisors LLC boosted its stake in shares of 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 acquiring an additional 182 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in shares of American Water Works during the third quarter worth $51,000. Assetmark Inc. lifted its holdings in shares of 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. Raleigh Capital Management Inc. boosted its position in shares of American Water Works by 446.2% in the 3rd quarter. Raleigh Capital Management Inc. now owns 426 shares of the utilities provider’s stock valued at $62,000 after purchasing an additional 348 shares during the period. Finally, Sugarloaf Wealth Management LLC increased its stake in American Water Works by 25.0% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 480 shares of the utilities provider’s stock worth $70,000 after purchasing an additional 96 shares in the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

AWK has been the subject of a number of analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a $164.00 price objective on shares of American Water Works in a research note on Thursday, September 19th. Wells Fargo & Company raised shares of American Water Works from an “underweight” rating to an “equal weight” rating and decreased their price objective for the stock from $133.00 to $129.00 in a research note on Tuesday, January 7th. UBS Group raised shares of American Water Works from a “neutral” rating to a “buy” rating and boosted their target price for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. Mizuho cut American Water Works from an “outperform” rating to a “neutral” rating and raised their target price for the stock from $131.00 to $140.00 in a research report on Tuesday, October 15th. Finally, Bank of America reissued an “underperform” rating and set a $140.00 price target on shares of American Water Works in a research report on Friday, September 20th. 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 company. Based on data from MarketBeat, American Water Works has a consensus rating of “Hold” and a consensus target price of $141.00.

American Water Works Trading Down 1.2 %

NYSE AWK opened at $121.17 on Monday. 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 Company, Inc. has a 1-year low of $113.34 and a 1-year high of $150.68. The firm’s fifty day simple moving average is $130.53 and its 200-day simple moving average is $137.24. The company has a market capitalization of $23.62 billion, a PE ratio of 23.99, a price-to-earnings-growth ratio of 3.03 and a beta of 0.71.

American Water Works Announces Dividend

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. This represents a $3.06 annualized dividend and a yield of 2.53%. The ex-dividend date is Friday, February 7th. 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.