American Water Works Company, Inc. (NYSE:AWK) Shares Acquired by Nvwm LLC

Nvwm LLC increased its stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 160,200.0% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 11,221 shares of the utilities provider's stock after purchasing an additional 11,214 shares during the period. Nvwm LLC's holdings in American Water Works were worth $1,641,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Lake Street Advisors Group LLC boosted its holdings in 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 valued at $272,000 after purchasing an additional 75 shares during the period. Miracle Mile Advisors LLC raised its stake in American Water Works by 2.9% during the 3rd quarter. Miracle Mile Advisors LLC now owns 2,790 shares of the utilities provider's stock worth $408,000 after acquiring an additional 79 shares in the last quarter. Invesco LLC increased its position 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 in the last quarter. Asset Dedication LLC lifted its holdings in shares of American Water Works by 1.6% in the 2nd 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 last quarter. Finally, Moody National Bank Trust Division boosted its position in shares of American Water Works by 2.0% in the 2nd quarter. Moody National Bank Trust Division now owns 4,590 shares of the utilities provider's stock valued at $593,000 after purchasing an additional 88 shares during the period. Institutional investors and hedge funds own 86.58% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Wolfe Research upgraded shares of American Water Works to a "hold" rating in a research report on Wednesday, September 18th. Mizuho cut shares of 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. Jefferies Financial Group initiated coverage on American Water Works in a report on Monday, October 7th. They set an "underperform" rating and a $124.00 price objective on the stock. Bank of America reissued an "underperform" rating and issued a $140.00 target price on shares of American Water Works in a report on Friday, September 20th. Finally, Wells Fargo & Company downgraded shares of American Water Works from an "equal weight" rating to an "underweight" rating and increased their price target for the company from $127.00 to $138.00 in a report on Wednesday, July 31st. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, American Water Works has a consensus 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 stock in a transaction 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 $5,268,308. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.08% of the stock is currently owned by corporate insiders.

American Water Works Trading Down 1.5 %

Shares of AWK traded down $2.11 during trading hours on Friday, hitting $136.00. The stock had a trading volume of 1,044,446 shares, compared to its average volume of 895,752. The company's fifty day simple moving average is $142.73 and its 200 day simple moving average is $136.56. American Water Works Company, Inc. has a 12-month low of $113.34 and a 12-month high of $150.68. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a market cap of $26.51 billion, a P/E ratio of 26.93, a P/E/G ratio of 3.32 and a beta of 0.70.

American Water Works (NYSE:AWK - Get Free Report) last posted its earnings results on Wednesday, July 31st. The utilities provider reported $1.42 earnings per share for the quarter, missing the consensus estimate of $1.47 by ($0.05). American Water Works had a net margin of 21.77% and a return on equity of 9.75%. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter in the previous year, the firm posted $1.44 EPS. The business's revenue was up 4.7% compared to the same quarter last year. Equities research analysts forecast that American Water Works Company, Inc. will post 5.27 EPS for the current fiscal year.

American Water Works Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 3rd. Shareholders of record on Tuesday, November 12th will be issued a $0.765 dividend. The ex-dividend date is Tuesday, November 12th. This represents a $3.06 dividend on an annualized basis and a yield of 2.25%. American Water Works's dividend payout ratio is currently 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.