American Water Works Company, Inc. (NYSE:AWK) Stock Position Reduced by Everpar Advisors LLC

Everpar Advisors LLC lessened its stake in American Water Works Company, Inc. (NYSE:AWK) by 6.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,089 shares of the utilities provider’s stock after selling 143 shares during the quarter. Everpar Advisors LLC’s holdings in American Water Works were worth $260,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AWK. Acadian Asset Management LLC purchased a new stake in shares of American Water Works during the second quarter worth $357,000. Dimensional Fund Advisors LP increased its position in American Water Works by 10.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 718,178 shares of the utilities provider’s stock worth $92,761,000 after purchasing an additional 70,205 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in shares of American Water Works by 49.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 28,485 shares of the utilities provider’s stock worth $3,658,000 after purchasing an additional 9,464 shares in the last quarter. Blair William & Co. IL lifted its holdings in shares of American Water Works by 8.4% during the 2nd quarter. Blair William & Co. IL now owns 11,516 shares of the utilities provider’s stock valued at $1,487,000 after buying an additional 897 shares during the last quarter. Finally, Intech Investment Management LLC bought a new stake in shares of American Water Works in the 2nd quarter valued at approximately $875,000. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Stock Up 0.3 %

AWK stock opened at $126.69 on Friday. The stock has a market capitalization of $24.69 billion, a price-to-earnings ratio of 25.09, a price-to-earnings-growth ratio of 2.61 and a beta of 0.71. The company has a 50-day moving average of $129.63 and a two-hundred day moving average of $136.97. American Water Works Company, Inc. has a 52-week low of $113.34 and a 52-week high of $150.68. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 7th will be paid a dividend of $0.765 per share. The ex-dividend date is Friday, February 7th. This represents a $3.06 annualized dividend and a yield of 2.42%. American Water Works’s payout ratio is 60.59%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Mizuho lowered shares of American Water Works from an “outperform” rating to a “neutral” rating and raised their price objective for the company from $131.00 to $140.00 in a research report on Tuesday, October 15th. Bank of America restated an “underperform” rating and set a $140.00 price target on shares of American Water Works in a report on Friday, September 20th. Wells Fargo & Company upgraded 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 report on Tuesday, January 7th. Jefferies Financial Group began coverage on 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 upgraded American Water Works from a “neutral” rating to a “buy” rating and upped their price target for the stock from $151.00 to $155.00 in a research note on Tuesday, November 19th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, American Water Works currently has a consensus rating of “Hold” and a consensus target price of $141.00.

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.