4,897 Shares in American Water Works Company, Inc. (NYSE:AWK) Acquired by World Investment Advisors LLC

World Investment Advisors LLC bought a new position in American Water Works Company, Inc. (NYSE:AWK - Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 4,897 shares of the utilities provider's stock, valued at approximately $716,000.

A number of other large investors have also recently modified their holdings of the stock. Blue Trust Inc. grew its position in shares of American Water Works by 68.8% in the 2nd quarter. Blue Trust Inc. now owns 508 shares of the utilities provider's stock worth $62,000 after buying an additional 207 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of American Water Works by 7.2% during the second quarter. Nisa Investment Advisors LLC now owns 29,437 shares of the utilities provider's stock valued at $3,802,000 after purchasing an additional 1,965 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of American Water Works by 8.2% during the second quarter. First Horizon Advisors Inc. now owns 1,553 shares of the utilities provider's stock valued at $201,000 after purchasing an additional 118 shares during the last quarter. Fifth Third Wealth Advisors LLC bought a new stake in shares of American Water Works in the 2nd quarter worth approximately $269,000. Finally, Perennial Advisors LLC increased its position in American Water Works by 2.2% during the 2nd quarter. Perennial Advisors LLC now owns 39,072 shares of the utilities provider's stock valued at $5,047,000 after buying an additional 853 shares in the last quarter. Institutional investors own 86.58% of the company's stock.

American Water Works Stock Performance

NYSE:AWK traded up $0.27 on Tuesday, hitting $129.18. The stock had a trading volume of 1,105,270 shares, compared to its average volume of 1,202,495. The business's 50-day simple moving average is $136.11 and its two-hundred day simple moving average is $137.99. The stock has a market cap of $25.18 billion, a price-to-earnings ratio of 25.53, a price-to-earnings-growth ratio of 3.03 and a beta of 0.70. American Water Works Company, Inc. has a 52-week low of $113.34 and a 52-week high of $150.68. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 1.21.

American Water Works Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 7th will be given a dividend of $0.765 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $3.06 annualized dividend and a yield of 2.37%. American Water Works's dividend payout ratio (DPR) is 60.59%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Mizuho cut shares of American Water Works from an "outperform" rating to a "neutral" rating and lifted their target price for the stock from $131.00 to $140.00 in a report on Tuesday, October 15th. Wolfe Research upgraded American Water Works to a "hold" rating in a research note on Wednesday, September 18th. Jefferies Financial Group began coverage on American Water Works in a research note on Monday, October 7th. They issued an "underperform" rating and a $124.00 price target for the company. UBS Group upgraded American Water Works from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $151.00 to $155.00 in a report on Tuesday, November 19th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $164.00 target price on shares of American Water Works in a research note on Thursday, September 19th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, American Water Works presently has an average rating of "Hold" and an average target price of $142.29.

About American Water Works

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.