Howland Capital Management LLC Purchases 185 Shares of American Water Works Company, Inc. (NYSE:AWK)

Howland Capital Management LLC lifted its position in American Water Works Company, Inc. (NYSE:AWK) by 0.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 189,848 shares of the utilities provider’s stock after purchasing an additional 185 shares during the period. Howland Capital Management LLC owned about 0.10% of American Water Works worth $23,634,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Lake Street Advisors Group LLC grew its holdings in shares of American Water Works by 4.2% in the third quarter. Lake Street Advisors Group LLC now owns 1,858 shares of the utilities provider’s stock worth $272,000 after purchasing an additional 75 shares during the last quarter. IHT Wealth Management LLC grew its holdings in shares of American Water Works by 1.2% in the third quarter. IHT Wealth Management LLC now owns 6,424 shares of the utilities provider’s stock worth $938,000 after purchasing an additional 76 shares during the last quarter. Invesco LLC boosted its holdings in American Water Works by 3.4% in the third quarter. Invesco LLC now owns 2,467 shares of the utilities provider’s stock valued at $361,000 after acquiring an additional 82 shares in the last quarter. Assetmark Inc. boosted its holdings in American Water Works by 31.7% in the third quarter. Assetmark Inc. now owns 370 shares of the utilities provider’s stock valued at $54,000 after acquiring an additional 89 shares in the last quarter. Finally, Brookfield Corp ON boosted its holdings in American Water Works by 0.3% in the third quarter. Brookfield Corp ON now owns 32,601 shares of the utilities provider’s stock valued at $4,768,000 after acquiring an additional 89 shares in the last quarter. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Performance

Shares of American Water Works stock opened at $122.53 on Friday. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 1.21. The firm has a market capitalization of $23.88 billion, a P/E ratio of 24.26, a P/E/G ratio of 2.62 and a beta of 0.72. The business has a fifty day simple moving average of $125.92 and a two-hundred day simple moving average of $135.86. American Water Works Company, Inc. has a 12 month low of $113.34 and a 12 month high of $150.68.

American Water Works Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 7th will be given a $0.765 dividend. This represents a $3.06 annualized dividend and a dividend yield of 2.50%. The ex-dividend date is Friday, February 7th. American Water Works’s dividend payout ratio is presently 60.59%.

Analyst Ratings Changes

Several analysts recently weighed in on AWK shares. Mizuho cut shares of American Water Works from an “outperform” rating to a “neutral” rating and lifted their price target for the company from $131.00 to $140.00 in a report on Tuesday, October 15th. Wells Fargo & Company upgraded shares of American Water Works from an “underweight” rating to an “equal weight” rating and cut their price target for the company from $133.00 to $129.00 in a report on Tuesday, January 7th. JPMorgan Chase & Co. cut their price target on shares of American Water Works from $147.00 to $128.00 and set a “neutral” rating on the stock in a report on Tuesday, January 28th. Finally, UBS Group upgraded shares of American Water Works from a “neutral” rating to a “buy” rating and lifted their price target for the company from $151.00 to $155.00 in a report on Tuesday, November 19th. Three analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average 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.