Quilter Plc Has $25.26 Million Stock Position in American Water Works Company, Inc. (NYSE:AWK)

Quilter Plc raised its holdings in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 2.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 202,884 shares of the utilities provider's stock after acquiring an additional 5,771 shares during the period. Quilter Plc owned approximately 0.10% of American Water Works worth $25,257,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Nordea Investment Management AB raised its stake in American Water Works by 5.5% during the 4th quarter. Nordea Investment Management AB now owns 2,418,102 shares of the utilities provider's stock valued at $300,739,000 after acquiring an additional 125,128 shares in the last quarter. Czech National Bank raised its stake in American Water Works by 6.5% during the 4th quarter. Czech National Bank now owns 42,257 shares of the utilities provider's stock valued at $5,261,000 after acquiring an additional 2,562 shares in the last quarter. Swedbank AB raised its stake in American Water Works by 65.5% during the 3rd quarter. Swedbank AB now owns 106,383 shares of the utilities provider's stock valued at $15,557,000 after acquiring an additional 42,094 shares in the last quarter. PFW Advisors LLC bought a new stake in American Water Works during the 4th quarter valued at $1,783,000. Finally, JPMorgan Chase & Co. raised its stake in American Water Works by 0.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 969,016 shares of the utilities provider's stock valued at $141,709,000 after acquiring an additional 5,889 shares in the last quarter. Institutional investors own 86.58% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on AWK shares. JPMorgan Chase & Co. dropped their price objective on American Water Works from $147.00 to $128.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 28th. UBS Group raised American Water Works from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $151.00 to $155.00 in a research note on Tuesday, November 19th. Finally, Wells Fargo & Company raised American Water Works from an "underweight" rating to an "equal weight" rating and dropped their price objective for the stock from $133.00 to $129.00 in a research note on Tuesday, January 7th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $139.38.

American Water Works Trading Up 1.4 %

Shares of American Water Works stock traded up $1.77 on Thursday, reaching $126.79. 3,304,501 shares of the company were exchanged, compared to its average volume of 1,191,403. The stock has a fifty day moving average price of $125.38 and a 200-day moving average price of $135.47. The firm has a market capitalization of $24.71 billion, a price-to-earnings ratio of 25.11, a price-to-earnings-growth ratio of 2.62 and a beta of 0.72. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 1.21. 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, March 4th. Stockholders of record on Friday, February 7th will be given a dividend of $0.765 per share. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Friday, February 7th. American Water Works's dividend payout ratio (DPR) is presently 60.59%.

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.