American Water Works Company, Inc. (NYSE:AWK) Shares Sold by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton reduced its position in American Water Works Company, Inc. (NYSE:AWK) by 51.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 310 shares of the utilities provider’s stock after selling 335 shares during the period. Rosenberg Matthew Hamilton’s holdings in American Water Works were worth $40,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Headlands Technologies LLC grew its position in shares of American Water Works by 10.4% during the 4th quarter. Headlands Technologies LLC now owns 894 shares of the utilities provider’s stock valued at $118,000 after acquiring an additional 84 shares during the period. Moody National Bank Trust Division raised its stake in shares of American Water Works by 2.0% during the 2nd quarter. Moody National Bank Trust Division now owns 4,590 shares of the utilities provider’s stock worth $593,000 after buying an additional 88 shares during the period. State of Alaska Department of Revenue grew its stake in 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 valued at $2,581,000 after acquiring an additional 95 shares during the period. Journey Advisory Group LLC grew its position in shares of American Water Works by 5.6% in the fourth quarter. Journey Advisory Group LLC now owns 1,900 shares of the utilities provider’s stock valued at $251,000 after purchasing an additional 100 shares during the period. Finally, Presima Securities ULC increased its stake in shares of American Water Works by 1.9% during the fourth quarter. Presima Securities ULC now owns 5,470 shares of the utilities provider’s stock worth $722,000 after purchasing an additional 100 shares in the last quarter. 86.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AWK. 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 report on Wednesday, July 31st. UBS Group boosted their price target on American Water Works from $124.00 to $139.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, American Water Works presently has a consensus rating of “Hold” and an average price target of $141.17.

American Water Works Price Performance

NYSE:AWK opened at $141.77 on Thursday. The stock has a 50 day moving average price of $138.00 and a 200 day moving average price of $128.72. The stock has a market cap of $27.62 billion, a PE ratio of 28.76, a P/E/G ratio of 3.44 and a beta of 0.67. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.79 and a current ratio of 0.64. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $149.00.

American Water Works (NYSE:AWK) last issued its earnings results 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 firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.10 billion. American Water Works had a return on equity of 9.60% and a net margin of 21.93%. American Water Works’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the firm earned $1.44 earnings per share. Equities research analysts expect that American Water Works Company, Inc. will post 5.25 EPS for the current fiscal year.

American Water Works Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 4th. Stockholders of record on Tuesday, August 13th will be given a dividend of $0.765 per share. The ex-dividend date of this dividend is Tuesday, August 13th. This represents a $3.06 annualized dividend and a dividend 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.