4,615 Shares in American Water Works Company, Inc. (NYSE:AWK) Purchased by Kintegral Advisory LLC

Kintegral Advisory LLC bought a new stake in American Water Works Company, Inc. (NYSE:AWK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,615 shares of the utilities provider’s stock, valued at approximately $596,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. ABLE Financial Group LLC boosted its stake in shares of American Water Works by 200.9% in the second quarter. ABLE Financial Group LLC now owns 6,363 shares of the utilities provider’s stock valued at $822,000 after purchasing an additional 4,248 shares during the period. Checchi Capital Advisers LLC lifted its position in shares of American Water Works by 30.2% in the 2nd quarter. Checchi Capital Advisers LLC now owns 2,249 shares of the utilities provider’s stock worth $290,000 after buying an additional 522 shares during the last quarter. Eagle Bay Advisors LLC increased its holdings in shares of American Water Works by 1,520.0% in the 2nd quarter. Eagle Bay Advisors LLC now owns 891 shares of the utilities provider’s stock worth $115,000 after acquiring an additional 836 shares during the period. St. Johns Investment Management Company LLC increased its holdings in shares of American Water Works by 9.8% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,057 shares of the utilities provider’s stock worth $395,000 after acquiring an additional 272 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of American Water Works by 0.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,307,732 shares of the utilities provider’s stock worth $168,907,000 after acquiring an additional 4,416 shares during the period. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Price Performance

American Water Works stock traded up $1.60 during trading hours on Wednesday, hitting $141.77. 976,559 shares of the company traded hands, compared to its average volume of 1,242,039. The firm has a market cap of $27.62 billion, a P/E ratio of 28.76, a P/E/G ratio of 3.44 and a beta of 0.67. The company has a quick ratio of 0.79, a current ratio of 0.64 and a debt-to-equity ratio of 1.24. The firm’s 50-day simple moving average is $138.00 and its two-hundred day simple moving average is $128.72. American Water Works Company, Inc. has a 1-year low of $113.34 and a 1-year high of $149.00.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, July 31st. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.05). American Water Works had a return on equity of 9.60% and a net margin of 21.93%. The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same period in the prior year, the firm earned $1.44 EPS. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. As a group, analysts forecast that American Water Works Company, Inc. will post 5.25 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 4th. Stockholders of record on Tuesday, August 13th will be given a $0.765 dividend. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date of this dividend is Tuesday, August 13th. American Water Works’s dividend payout ratio is 62.07%.

Wall Street Analyst Weigh In

AWK has been the topic of a number of analyst reports. Wells Fargo & Company cut shares of American Water Works from an “equal weight” rating to an “underweight” rating and increased their price objective for the stock from $127.00 to $138.00 in a report on Wednesday, July 31st. UBS Group increased their price objective on shares of American Water Works from $124.00 to $139.00 and gave the stock a “neutral” rating in a report on Monday, May 13th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $141.17.

About American Water Works

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.