American Water Works Company, Inc. (NYSE:AWK) Stock Position Raised by Fiduciary Alliance LLC

Fiduciary Alliance LLC increased its holdings in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 22.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,233 shares of the utilities provider's stock after acquiring an additional 4,241 shares during the quarter. Fiduciary Alliance LLC's holdings in American Water Works were worth $3,398,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AWK. Miracle Mile Advisors LLC lifted its holdings in shares of American Water Works by 2.9% in the 3rd quarter. Miracle Mile Advisors LLC now owns 2,790 shares of the utilities provider's stock worth $408,000 after purchasing an additional 79 shares during the last quarter. Asset Dedication LLC boosted its holdings in shares of American Water Works by 1.6% during the second quarter. Asset Dedication LLC now owns 5,415 shares of the utilities provider's stock valued at $699,000 after acquiring an additional 85 shares during the period. Moody National Bank Trust Division grew its position in shares of American Water Works by 2.0% during the second quarter. Moody National Bank Trust Division now owns 4,590 shares of the utilities provider's stock worth $593,000 after acquiring an additional 88 shares during the last quarter. State of Alaska Department of Revenue increased its holdings in shares of American Water Works by 0.5% in the 1st quarter. State of Alaska Department of Revenue now owns 21,123 shares of the utilities provider's stock worth $2,581,000 after acquiring an additional 95 shares during the period. Finally, Sugarloaf Wealth Management LLC lifted its position in American Water Works by 25.0% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 480 shares of the utilities provider's stock valued at $70,000 after purchasing an additional 96 shares during the last quarter. Institutional investors own 86.58% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented 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. Wolfe Research raised American Water Works to a "hold" rating in a research note on Wednesday, September 18th. Jefferies Financial Group initiated coverage on shares of American Water Works in a research note on Monday, October 7th. They set an "underperform" rating and a $124.00 target price on the stock. Royal Bank of Canada restated an "outperform" rating and set a $164.00 price target on shares of American Water Works in a research report on Thursday, September 19th. Finally, Wells Fargo & Company lowered shares of American Water Works from an "equal weight" rating to an "underweight" rating and raised their price objective for the company from $127.00 to $138.00 in a research note on Wednesday, July 31st. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, American Water Works has an average rating of "Hold" and a consensus target price of $140.00.

Insiders Place Their Bets

In other American Water Works news, Director Martha Clark Goss sold 710 shares of American Water Works stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $142.85, for a total transaction of $101,423.50. Following the transaction, the director now directly owns 36,880 shares in the company, valued at approximately $5,268,308. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.08% of the company's stock.

American Water Works Price Performance

Shares of NYSE AWK traded up $1.61 during midday trading on Monday, reaching $140.48. The company's stock had a trading volume of 597,669 shares, compared to its average volume of 1,216,286. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $150.68. The company has a market cap of $27.37 billion, a price-to-earnings ratio of 28.49, a price-to-earnings-growth ratio of 3.28 and a beta of 0.69. The company has a 50 day moving average price of $143.42 and a 200 day moving average price of $134.50. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 1.24.

American Water Works (NYSE:AWK - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The utilities provider reported $1.42 EPS 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 analyst estimates 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 was up 4.7% on a year-over-year basis. During the same quarter last year, the company posted $1.44 EPS. On average, equities research analysts expect that American Water Works Company, Inc. will post 5.27 EPS for the current year.

American Water Works Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Tuesday, August 13th were paid a dividend of $0.765 per share. This represents a $3.06 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date of this dividend was Tuesday, August 13th. American Water Works's dividend payout ratio is presently 62.07%.

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.