Shilanski & Associates Inc. Purchases 105 Shares of American Water Works Company, Inc. (NYSE:AWK)

Shilanski & Associates Inc. increased its holdings in American Water Works Company, Inc. (NYSE:AWK) by 0.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,276 shares of the utilities provider’s stock after acquiring an additional 105 shares during the period. Shilanski & Associates Inc.’s holdings in American Water Works were worth $3,271,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of AWK. Victory Capital Management Inc. raised its stake in shares of American Water Works by 1,131.1% during the 3rd quarter. Victory Capital Management Inc. now owns 1,438,137 shares of the utilities provider’s stock worth $210,313,000 after purchasing an additional 1,321,320 shares during the period. Groupama Asset Managment boosted its stake in American Water Works by 4,227.0% in the third quarter. Groupama Asset Managment now owns 711,927 shares of the utilities provider’s stock valued at $104,000 after acquiring an additional 695,474 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of American Water Works by 14,944.4% during the 3rd quarter. International Assets Investment Management LLC now owns 537,987 shares of the utilities provider’s stock worth $786,750,000 after purchasing an additional 534,411 shares during the last quarter. Confluence Investment Management LLC grew its holdings in American Water Works by 268.0% during the fourth quarter. Confluence Investment Management LLC now owns 537,138 shares of the utilities provider’s stock valued at $66,868,000 after purchasing an additional 391,166 shares during the period. Finally, Assenagon Asset Management S.A. increased its position in American Water Works by 631.4% in the third quarter. Assenagon Asset Management S.A. now owns 445,788 shares of the utilities provider’s stock worth $65,192,000 after buying an additional 384,836 shares during the last quarter. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Stock Up 0.1 %

NYSE:AWK opened at $121.86 on Friday. American Water Works Company, Inc. has a 1-year low of $113.34 and a 1-year high of $150.68. The company has a market capitalization of $23.75 billion, a PE ratio of 24.13, a P/E/G ratio of 2.72 and a beta of 0.71. The firm’s 50-day moving average price is $128.94 and its 200-day moving average price is $136.94. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.58 and a quick ratio of 0.53.

American Water Works Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 7th will be paid a $0.765 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.51%. American Water Works’s dividend payout ratio is currently 60.59%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Wells Fargo & Company upgraded American Water Works from an “underweight” rating to an “equal weight” rating and lowered their price objective for the company from $133.00 to $129.00 in a research note on Tuesday, January 7th. Mizuho cut shares of American Water Works from an “outperform” rating to a “neutral” rating and upped their price target for the company from $131.00 to $140.00 in a research note on Tuesday, October 15th. Jefferies Financial Group started coverage on shares of American Water Works in a report on Monday, October 7th. They set an “underperform” rating and a $124.00 target price on the stock. Finally, UBS Group raised American Water Works from a “neutral” rating to a “buy” rating and raised their price target for the stock from $151.00 to $155.00 in a report on Tuesday, November 19th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $141.00.

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.