Boston Trust Walden Corp Acquires 8,060 Shares of American Water Works Company, Inc. (NYSE:AWK)

Boston Trust Walden Corp grew its holdings in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 350.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,360 shares of the utilities provider's stock after purchasing an additional 8,060 shares during the period. Boston Trust Walden Corp's holdings in American Water Works were worth $1,338,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in shares of American Water Works by 2.6% in the first quarter. Vanguard Group Inc. now owns 24,648,326 shares of the utilities provider's stock worth $3,012,272,000 after acquiring an additional 624,977 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in American Water Works by 1.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,143,437 shares of the utilities provider's stock worth $261,949,000 after acquiring an additional 25,887 shares in the last quarter. Norges Bank purchased a new stake in American Water Works in the fourth quarter valued at approximately $275,476,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in American Water Works by 945.5% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,806,146 shares of the utilities provider's stock worth $238,397,000 after acquiring an additional 1,633,389 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in shares of American Water Works by 7.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,320,042 shares of the utilities provider's stock valued at $174,232,000 after acquiring an additional 86,234 shares in the last quarter. Hedge funds and other institutional investors own 86.58% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on AWK. UBS Group lifted their target price on shares of American Water Works from $124.00 to $139.00 and gave the stock a "neutral" rating in a research report on Monday, May 13th. Wells Fargo & Company cut American Water Works from an "equal weight" rating to an "underweight" rating and lifted their price objective for the stock from $127.00 to $138.00 in a research report on Wednesday, July 31st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $141.17.

American Water Works Stock Up 0.4 %

NYSE:AWK traded up $0.55 during mid-day trading on Monday, reaching $141.53. The stock had a trading volume of 457,808 shares, compared to its average volume of 1,269,037. The stock's 50 day simple moving average is $136.37 and its two-hundred day simple moving average is $127.85. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.64 and a quick ratio of 0.79. American Water Works Company, Inc. has a 1-year low of $113.34 and a 1-year high of $149.00. The company has a market capitalization of $27.57 billion, a price-to-earnings ratio of 28.71, a price-to-earnings-growth ratio of 3.44 and a beta of 0.67.

American Water Works (NYSE:AWK - Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The utilities provider reported $1.42 earnings per share for the quarter, missing analysts' consensus estimates of $1.47 by ($0.05). The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.10 billion. American Water Works had a net margin of 21.93% and a return on equity of 9.60%. American Water Works's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.44 earnings per share. Equities analysts anticipate that American Water Works Company, Inc. will post 5.25 EPS for the current year.

American Water Works Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 4th. Investors of record on Tuesday, August 13th will be paid a $0.765 dividend. The ex-dividend date is Tuesday, August 13th. This represents a $3.06 dividend on an annualized basis and a yield of 2.16%. American Water Works's dividend payout ratio is currently 62.07%.

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.