Boston Common Asset Management LLC Has $23.50 Million Position in American Water Works Company, Inc. (NYSE:AWK)

Boston Common Asset Management LLC cut its stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,777 shares of the utilities provider's stock after selling 3,973 shares during the period. Boston Common Asset Management LLC owned 0.10% of American Water Works worth $23,501,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Lake Street Advisors Group LLC increased its holdings in shares of 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 acquiring an additional 75 shares during the last quarter. IHT Wealth Management LLC boosted its holdings in American Water Works by 1.2% in the third quarter. IHT Wealth Management LLC now owns 6,424 shares of the utilities provider's stock worth $938,000 after purchasing an additional 76 shares during the period. Miracle Mile Advisors LLC increased its stake in American Water Works by 2.9% during the third quarter. Miracle Mile Advisors LLC now owns 2,790 shares of the utilities provider's stock valued at $408,000 after purchasing an additional 79 shares during the last quarter. Invesco LLC raised its holdings 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 purchasing an additional 82 shares during the period. Finally, Assetmark Inc. lifted its position in shares of American Water Works by 31.7% in the 3rd quarter. Assetmark Inc. now owns 370 shares of the utilities provider's stock worth $54,000 after buying an additional 89 shares during the last quarter. 86.58% of the stock is currently owned by institutional investors.

American Water Works Trading Up 0.3 %

Shares of American Water Works stock traded up $0.33 during trading on Friday, hitting $126.69. The stock had a trading volume of 1,003,218 shares, compared to its average volume of 898,568. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 1.21. The company has a market capitalization of $24.69 billion, a PE ratio of 25.09, a P/E/G ratio of 2.61 and a beta of 0.71. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $150.68. The stock has a 50 day simple moving average of $129.44 and a 200 day simple moving average of $136.96.

American Water Works Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 7th will be issued a dividend of $0.765 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.42%. American Water Works's dividend payout ratio is currently 60.59%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Wells Fargo & Company upgraded American Water Works from an "underweight" rating to an "equal weight" rating and reduced their price objective for the company from $133.00 to $129.00 in a research report on Tuesday, January 7th. UBS Group upgraded shares of American Water Works from a "neutral" rating to a "buy" rating and upped their price target for the stock from $151.00 to $155.00 in a research report on Tuesday, November 19th. Jefferies Financial Group assumed coverage on shares of American Water Works in a research report on Monday, October 7th. They issued an "underperform" rating and a $124.00 price objective on the stock. Bank of America restated an "underperform" rating and issued a $140.00 target price on shares of American Water Works in a research report on Friday, September 20th. Finally, Mizuho cut 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. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $141.00.

American Water Works 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.