American Water Works Company, Inc. (NYSE:AWK) Shares Purchased by Boston Trust Walden Corp

Boston Trust Walden Corp lifted its stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 258.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,151 shares of the utilities provider's stock after buying an additional 26,791 shares during the quarter. Boston Trust Walden Corp's holdings in American Water Works were worth $5,433,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Lake Street Advisors Group LLC raised its position in shares of American Water Works by 4.2% in the third quarter. Lake Street Advisors Group LLC now owns 1,858 shares of the utilities provider's stock worth $272,000 after acquiring an additional 75 shares during the period. Miracle Mile Advisors LLC boosted its position 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 worth $408,000 after purchasing an additional 79 shares in the last quarter. Asset Dedication LLC grew its holdings in American Water Works by 1.6% in the second quarter. Asset Dedication LLC now owns 5,415 shares of the utilities provider's stock valued at $699,000 after purchasing an additional 85 shares during the period. Moody National Bank Trust Division increased its position in shares of American Water Works by 2.0% in the second quarter. Moody National Bank Trust Division now owns 4,590 shares of the utilities provider's stock valued at $593,000 after buying an additional 88 shares in the last quarter. Finally, Signaturefd LLC raised its stake in shares of American Water Works by 2.0% during the 3rd quarter. Signaturefd LLC now owns 4,649 shares of the utilities provider's stock worth $680,000 after buying an additional 90 shares during the period. 86.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AWK. Bank of America reissued an "underperform" rating and issued a $140.00 price target on shares of American Water Works in a research note 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. Wells Fargo & Company downgraded shares of American Water Works from an "equal weight" rating to an "underweight" rating and raised their price target for the stock from $127.00 to $138.00 in a research note on Wednesday, July 31st. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $164.00 price objective on shares of American Water Works in a research note on Thursday, September 19th. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $140.00.

Insider Buying and Selling at American Water Works

In other American Water Works news, Director Martha Clark Goss sold 710 shares of the business's stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $142.85, for a total value of $101,423.50. Following the sale, the director now owns 36,880 shares of the company's stock, valued at $5,268,308. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.08% of the company's stock.

American Water Works Trading Up 0.8 %

AWK stock traded up $1.13 during trading on Monday, reaching $138.79. 564,157 shares of the stock were exchanged, compared to its average volume of 1,193,882. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $27.04 billion, a price-to-earnings ratio of 27.92, a P/E/G ratio of 3.28 and a beta of 0.69. The business has a 50 day moving average price of $143.12 and a 200-day moving average price of $135.82. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $150.68.

American Water Works (NYSE:AWK - Get Free Report) last announced its quarterly earnings results on Wednesday, July 31st. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.47 by ($0.05). The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.10 billion. American Water Works had a return on equity of 9.60% and a net margin of 21.93%. The firm's quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.44 EPS. On average, research analysts predict that American Water Works Company, Inc. will post 5.27 earnings per share for the current year.

American Water Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Tuesday, August 13th were issued a $0.765 dividend. The ex-dividend date was Tuesday, August 13th. This represents a $3.06 annualized dividend and a yield of 2.20%. American Water Works's dividend payout ratio (DPR) 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.