Czech National Bank Raises Holdings in American Water Works Company, Inc. (NYSE:AWK)

Czech National Bank raised its stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 6.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,257 shares of the utilities provider's stock after purchasing an additional 2,562 shares during the period. Czech National Bank's holdings in American Water Works were worth $5,261,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AWK. ST Germain D J Co. Inc. boosted its stake in shares of American Water Works by 469.5% in the 4th quarter. ST Germain D J Co. Inc. now owns 1,213 shares of the utilities provider's stock valued at $151,000 after purchasing an additional 1,000 shares during the last quarter. Baker Tilly Wealth Management LLC lifted its holdings in American Water Works by 3.9% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 2,765 shares of the utilities provider's stock valued at $344,000 after buying an additional 104 shares during the period. Canandaigua National Bank & Trust Co. boosted its position in American Water Works by 5.4% during the fourth quarter. Canandaigua National Bank & Trust Co. now owns 2,445 shares of the utilities provider's stock valued at $304,000 after acquiring an additional 126 shares during the last quarter. Nordea Investment Management AB grew its holdings 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 worth $300,739,000 after acquiring an additional 125,128 shares during the period. Finally, Everence Capital Management Inc. raised its position in shares of American Water Works by 8.9% in the 4th quarter. Everence Capital Management Inc. now owns 14,600 shares of the utilities provider's stock worth $1,818,000 after acquiring an additional 1,190 shares in the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on AWK shares. Mizuho cut American Water Works from an "outperform" rating to a "neutral" rating and raised their target price for the stock from $131.00 to $140.00 in a research note on Tuesday, October 15th. UBS Group raised American Water Works from a "neutral" rating to a "buy" rating and raised their price objective for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. Wells Fargo & Company raised American Water Works from an "underweight" rating to an "equal weight" rating and lowered their target price for the stock from $133.00 to $129.00 in a research report on Tuesday, January 7th. Wolfe Research raised shares of American Water Works to a "hold" rating in a research report on Wednesday, September 18th. Finally, Jefferies Financial Group started coverage on shares of American Water Works in a report on Monday, October 7th. They set an "underperform" rating and a $124.00 price objective on the stock. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $141.00.

American Water Works Stock Up 0.9 %

Shares of NYSE:AWK opened at $123.59 on Thursday. The company has a market capitalization of $24.09 billion, a PE ratio of 24.47, a price-to-earnings-growth ratio of 3.03 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 company has a debt-to-equity ratio of 1.21, a current ratio of 0.58 and a quick ratio of 0.53. The business has a fifty day moving average price of $129.96 and a two-hundred day moving average price of $137.13.

American Water Works Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 7th will be given a $0.765 dividend. This represents a $3.06 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend is Friday, February 7th. American Water Works's dividend payout ratio is 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.