Union Bancaire Privee UBP SA Invests $774,000 in American Water Works Company, Inc. (NYSE:AWK)

Union Bancaire Privee UBP SA purchased a new position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,178 shares of the utilities provider's stock, valued at approximately $774,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AWK. Catalyst Capital Advisors LLC lifted its holdings in shares of American Water Works by 155.6% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 299 shares of the utilities provider's stock valued at $44,000 after buying an additional 182 shares during the period. Rosenberg Matthew Hamilton lifted its holdings in American Water Works by 29.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider's stock valued at $50,000 after acquiring an additional 90 shares during the period. Ashton Thomas Securities LLC purchased a new stake in shares of American Water Works during the 3rd quarter worth $51,000. Assetmark Inc. grew its stake in shares of American Water Works by 31.7% during the 3rd quarter. Assetmark Inc. now owns 370 shares of the utilities provider's stock worth $54,000 after purchasing an additional 89 shares during the period. Finally, Raleigh Capital Management Inc. increased its holdings in shares of American Water Works by 446.2% in the 3rd quarter. Raleigh Capital Management Inc. now owns 426 shares of the utilities provider's stock valued at $62,000 after purchasing an additional 348 shares in the last quarter. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

American Water Works Trading Up 0.8 %

Shares of AWK traded up $0.96 on Friday, hitting $124.62. 1,073,046 shares of the stock traded hands, compared to its average volume of 1,135,977. The firm has a market capitalization of $24.29 billion, a P/E ratio of 24.68, a P/E/G ratio of 2.63 and a beta of 0.71. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 1.21. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $150.68. The stock's 50 day moving average is $127.54 and its two-hundred day moving average is $136.54.

American Water Works Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 7th will be issued a $0.765 dividend. This represents a $3.06 annualized dividend and a yield of 2.46%. The ex-dividend date of this dividend is Friday, February 7th. American Water Works's dividend payout ratio (DPR) is 60.59%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Jefferies Financial Group started coverage on shares of American Water Works in a research report on Monday, October 7th. They set an "underperform" rating and a $124.00 target price on the stock. Wells Fargo & Company raised American Water Works from an "underweight" rating to an "equal weight" rating and dropped their price objective for the company from $133.00 to $129.00 in a research note on Tuesday, January 7th. UBS Group upgraded American Water Works from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $151.00 to $155.00 in a research report on Tuesday, November 19th. JPMorgan Chase & Co. lowered their price target on shares of American Water Works from $147.00 to $128.00 and set a "neutral" rating on the stock in a research report on Tuesday. Finally, Mizuho cut shares of American Water Works from an "outperform" rating to a "neutral" rating and raised their price objective for the stock from $131.00 to $140.00 in a research note on Tuesday, October 15th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $139.38.

American Water Works Company 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.