American Water Works Company, Inc. (NYSE:AWK) Shares Bought by Duality Advisers LP

Duality Advisers LP boosted its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 202.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,633 shares of the utilities provider’s stock after buying an additional 31,203 shares during the quarter. American Water Works accounts for approximately 0.6% of Duality Advisers LP’s portfolio, making the stock its 22nd largest holding. Duality Advisers LP’s holdings in American Water Works were worth $5,699,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of AWK. MV Capital Management Inc. grew its position in shares of American Water Works by 110.8% in the fourth quarter. MV Capital Management Inc. now owns 196 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 103 shares during the last quarter. Ables Iannone Moore & Associates Inc. acquired a new stake in shares of American Water Works in the fourth quarter valued at approximately $26,000. ORG Partners LLC grew its position in shares of American Water Works by 79.2% in the fourth quarter. ORG Partners LLC now owns 233 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 103 shares during the last quarter. Farmers & Merchants Investments Inc. boosted its position in American Water Works by 100.0% during the first quarter. Farmers & Merchants Investments Inc. now owns 254 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 127 shares during the last quarter. Finally, Tortoise Investment Management LLC boosted its position in American Water Works by 71.9% during the fourth quarter. Tortoise Investment Management LLC now owns 239 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 100 shares during the last quarter. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AWK has been the topic of a number of analyst reports. StockNews.com lowered shares of American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday, April 3rd. UBS Group increased their price target on shares of American Water Works from $124.00 to $139.00 and gave the stock a “neutral” rating in a research note on Monday, May 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $141.80.

American Water Works Trading Up 3.2 %

Shares of AWK stock traded up $4.33 during mid-day trading on Friday, reaching $140.55. The company’s stock had a trading volume of 625,710 shares, compared to its average volume of 1,341,932. The company’s 50 day simple moving average is $130.50 and its 200-day simple moving average is $125.50. American Water Works Company, Inc. has a 12-month low of $113.34 and a 12-month high of $151.22. The company has a quick ratio of 0.79, a current ratio of 0.85 and a debt-to-equity ratio of 1.26. The firm has a market capitalization of $27.38 billion, a PE ratio of 27.63, a price-to-earnings-growth ratio of 3.15 and a beta of 0.67.

American Water Works (NYSE:AWK) last issued its earnings results on Thursday, May 2nd. The utilities provider reported $0.95 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.03). American Water Works had a net margin of 22.27% and a return on equity of 9.74%. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $962.30 million. During the same period in the prior year, the business posted $0.91 EPS. The business’s revenue was up 7.8% on a year-over-year basis. On average, research analysts predict that American Water Works Company, Inc. will post 5.24 EPS for the current fiscal year.

American Water Works Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Tuesday, May 14th were issued a $0.765 dividend. The ex-dividend date of this dividend was Monday, May 13th. This is a positive change from American Water Works’s previous quarterly dividend of $0.71. This represents a $3.06 annualized dividend and a dividend yield of 2.18%. American Water Works’s payout ratio is 62.07%.

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.