Thematics Asset Management Has $14.15 Million Holdings in American Water Works Company, Inc. (NYSE:AWK)

Thematics Asset Management increased its position in American Water Works Company, Inc. (NYSE:AWK) by 1.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 96,742 shares of the utilities provider’s stock after purchasing an additional 1,500 shares during the period. Thematics Asset Management’s holdings in American Water Works were worth $14,148,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC purchased a new position in shares of American Water Works during the second quarter valued at $30,000. Catalyst Capital Advisors LLC grew its position in American Water Works by 155.6% during the third quarter. Catalyst Capital Advisors LLC now owns 299 shares of the utilities provider’s stock valued at $44,000 after purchasing an additional 182 shares in the last quarter. Hantz Financial Services Inc. acquired a new position in American Water Works in the 2nd quarter valued at approximately $46,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in American Water Works in the 2nd quarter worth approximately $50,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of American Water Works during the 3rd quarter valued at $51,000. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on AWK. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $164.00 price target on shares of American Water Works in a research note on Thursday, September 19th. Mizuho lowered 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 lowered shares of American Water Works from an “equal weight” rating to an “underweight” rating and raised their price objective for the company from $127.00 to $138.00 in a research report on Wednesday, July 31st. Wolfe Research upgraded shares of American Water Works to a “hold” rating in a research note on Wednesday, September 18th. Finally, UBS Group raised shares of American Water Works from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, American Water Works presently has an average rating of “Hold” and an average price target of $142.29.

Insider Activity at American Water Works

In other American Water Works news, Director Martha Clark Goss sold 710 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $142.85, for a total value of $101,423.50. Following the completion of the sale, the director now owns 36,880 shares in the company, valued at approximately $5,268,308. This trade represents a 1.89 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.08% of the company’s stock.

American Water Works Stock Performance

Shares of NYSE:AWK traded down $0.77 during midday trading on Tuesday, hitting $135.97. The company’s stock had a trading volume of 128,501 shares, compared to its average volume of 1,207,959. The stock has a market capitalization of $26.50 billion, a price-to-earnings ratio of 27.08, a PEG ratio of 3.20 and a beta of 0.70. The stock’s 50 day simple moving average is $139.80 and its 200 day simple moving average is $137.78. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.53 and a current ratio of 0.58. American Water Works Company, Inc. has a fifty-two week low of $113.34 and a fifty-two week high of $150.68.

American Water Works Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 3rd. Investors of record on Tuesday, November 12th will be given a dividend of $0.765 per share. This represents a $3.06 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend is Tuesday, November 12th. American Water Works’s dividend payout ratio (DPR) is currently 60.59%.

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.