Town & Country Bank & Trust CO dba First Bankers Trust CO Has $1.22 Million Position in American Water Works (AWK)

Town & Country Bank & Trust CO dba First Bankers Trust CO reduced its position in American Water Works (NYSE:AWK) by 1.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,642 shares of the utilities provider’s stock after selling 300 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in American Water Works were worth $1,219,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of AWK. Buffington Mohr McNeal increased its position in American Water Works by 12.5% in the second quarter. Buffington Mohr McNeal now owns 11,225 shares of the utilities provider’s stock valued at $875,000 after buying an additional 1,250 shares during the period. Chesley Taft & Associates LLC increased its position in American Water Works by 3.0% in the second quarter. Chesley Taft & Associates LLC now owns 13,950 shares of the utilities provider’s stock valued at $1,087,000 after buying an additional 400 shares during the period. National Pension Service increased its position in American Water Works by 9.8% in the second quarter. National Pension Service now owns 173,350 shares of the utilities provider’s stock valued at $13,539,000 after buying an additional 15,412 shares during the period. Trust Co. of Toledo NA OH increased its position in American Water Works by 1.4% in the second quarter. Trust Co. of Toledo NA OH now owns 22,284 shares of the utilities provider’s stock valued at $1,737,000 after buying an additional 304 shares during the period. Finally, NEXT Financial Group Inc increased its position in American Water Works by 10.4% in the second quarter. NEXT Financial Group Inc now owns 3,728 shares of the utilities provider’s stock valued at $291,000 after buying an additional 350 shares during the period. Institutional investors and hedge funds own 81.08% of the company’s stock.

American Water Works (AWK) traded down 0.10% during mid-day trading on Tuesday, hitting $81.31. 585,675 shares of the stock traded hands. American Water Works has a 12-month low of $69.41 and a 12-month high of $82.89. The firm’s 50-day moving average is $80.00 and its 200-day moving average is $77.33. The company has a market cap of $14.47 billion, a price-to-earnings ratio of 30.67 and a beta of 0.25.

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, August 2nd. The utilities provider reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by $0.07. The business had revenue of $844 million for the quarter, compared to analyst estimates of $869.52 million. American Water Works had a return on equity of 9.70% and a net margin of 14.20%. The business’s revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.77 EPS. Equities research analysts expect that American Water Works will post $3.01 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Wednesday, August 9th will be given a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date is Monday, August 7th. American Water Works’s payout ratio is currently 62.64%.

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Several research analysts recently weighed in on the stock. BidaskClub downgraded shares of American Water Works from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Vetr downgraded shares of American Water Works from a “buy” rating to a “hold” rating and set a $84.04 price target for the company. in a research report on Wednesday, June 14th. Zacks Investment Research downgraded shares of American Water Works from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Robert W. Baird downgraded shares of American Water Works from an “outperform” rating to a “neutral” rating and upped their price target for the stock from $69.41 to $82.00 in a research report on Wednesday, April 26th. Finally, Northcoast Research assumed coverage on shares of American Water Works in a report on Thursday, May 25th. They issued a “neutral” rating for the company. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $82.63.

In other news, SVP Loyd A. Warnock sold 1,263 shares of the business’s stock in a transaction that occurred on Thursday, May 18th. The shares were sold at an average price of $75.21, for a total value of $94,990.23. Following the completion of the transaction, the senior vice president now owns 7,055 shares of the company’s stock, valued at $530,606.55. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.34% of the company’s stock.

American Water Works Company Profile

American Water Works Company, Inc is a holding company for regulated and market-based subsidiaries throughout the United States and Ontario, Canada. The Company’s Regulated Businesses segment provides water and wastewater services as public utilities in 16 states in the United States as of December 31, 2016.

Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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