Asset Management One Co. Ltd. Has $13.31 Million Stake in American Water Works Company, Inc. (NYSE:AWK)

Asset Management One Co. Ltd. decreased its stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 13.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,226 shares of the utilities provider's stock after selling 16,732 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.05% of American Water Works worth $13,309,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Lake Street Advisors Group LLC raised its position in American Water Works by 4.2% in the 3rd quarter. Lake Street Advisors Group LLC now owns 1,858 shares of the utilities provider's stock valued at $272,000 after purchasing an additional 75 shares during the last quarter. IHT Wealth Management LLC raised its position in American Water Works by 1.2% in the 3rd quarter. IHT Wealth Management LLC now owns 6,424 shares of the utilities provider's stock valued at $938,000 after purchasing an additional 76 shares during the last quarter. Invesco LLC raised its position in shares of American Water Works by 3.4% during the third quarter. Invesco LLC now owns 2,467 shares of the utilities provider's stock worth $361,000 after acquiring an additional 82 shares during the last quarter. Assetmark Inc. raised its position in shares of American Water Works by 31.7% during the third quarter. Assetmark Inc. now owns 370 shares of the utilities provider's stock worth $54,000 after acquiring an additional 89 shares during the last quarter. Finally, Brookfield Corp ON raised its position in shares of American Water Works by 0.3% during the third quarter. Brookfield Corp ON now owns 32,601 shares of the utilities provider's stock worth $4,768,000 after acquiring an additional 89 shares during the last quarter. Institutional investors own 86.58% of the company's stock.

American Water Works Trading Up 0.5 %

Shares of American Water Works stock traded up $0.65 during trading on Wednesday, reaching $127.82. 1,805,704 shares of the company were exchanged, compared to its average volume of 1,231,284. 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 twelve month low of $113.34 and a twelve month high of $150.68. The business has a 50-day moving average price of $124.96 and a 200-day moving average price of $134.92. The firm has a market capitalization of $24.91 billion, a price-to-earnings ratio of 25.31, a P/E/G ratio of 2.66 and a beta of 0.72.

American Water Works (NYSE:AWK - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, topping analysts' consensus estimates of $1.13 by $0.09. American Water Works had a return on equity of 9.75% and a net margin of 21.77%. Sell-side analysts anticipate that American Water Works Company, Inc. will post 5.29 EPS for the current fiscal year.

American Water Works Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 7th will be paid a $0.765 dividend. The ex-dividend date is Friday, February 7th. This represents a $3.06 dividend on an annualized basis and a yield of 2.39%. American Water Works's payout ratio is 60.59%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on AWK shares. 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. Wells Fargo & Company upgraded American Water Works from an "underweight" rating to an "equal weight" rating and dropped their target price for the stock from $133.00 to $129.00 in a research report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. dropped their target price on American Water Works from $147.00 to $128.00 and set a "neutral" rating for the company in a research report on Tuesday, January 28th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $140.00.

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.