First National Corp MA ADV Sells 33,052 Shares of American Water Works Company, Inc. (NYSE:AWK)

First National Corp MA ADV reduced its stake in American Water Works Company, Inc. (NYSE:AWK) by 79.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,467 shares of the utilities provider’s stock after selling 33,052 shares during the period. First National Corp MA ADV’s holdings in American Water Works were worth $1,238,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Ables Iannone Moore & Associates Inc. acquired a new stake in shares of American Water Works during the 4th quarter worth $26,000. ORG Partners LLC bought a new position in American Water Works in the 2nd quarter valued at about $30,000. Farmers & Merchants Investments Inc. raised its position in shares of American Water Works by 100.0% in the 1st quarter. Farmers & Merchants Investments Inc. now owns 254 shares of the utilities provider’s stock valued at $31,000 after buying an additional 127 shares in the last quarter. Tortoise Investment Management LLC lifted its holdings in shares of American Water Works by 71.9% during the 4th quarter. Tortoise Investment Management LLC now owns 239 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 100 shares during the period. Finally, Quarry LP acquired a new stake in shares of American Water Works during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Insider Transactions at American Water Works

In related news, Director Martha Clark Goss sold 710 shares of American Water Works 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 completion of the transaction, the director now owns 36,880 shares of the company’s stock, valued at $5,268,308. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.08% of the company’s stock.

American Water Works Trading Down 0.9 %

AWK traded down $1.22 during trading on Wednesday, reaching $136.17. 113,189 shares of the company’s stock were exchanged, compared to its average volume of 1,219,924. 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 Company, Inc. has a one year low of $113.34 and a one year high of $150.68. The firm has a fifty day moving average price of $143.93 and a two-hundred day moving average price of $133.98. The stock has a market capitalization of $26.53 billion, a PE ratio of 27.87, a price-to-earnings-growth ratio of 3.55 and a beta of 0.69.

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, July 31st. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.05). The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.44 earnings per share. As a group, equities research analysts forecast that American Water Works Company, Inc. will post 5.27 earnings per share for the current fiscal year.

American Water Works Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Tuesday, August 13th were issued a dividend of $0.765 per share. The ex-dividend date of this dividend was Tuesday, August 13th. This represents a $3.06 annualized dividend and a yield of 2.25%. American Water Works’s payout ratio is 62.07%.

Analyst Upgrades and Downgrades

AWK has been the subject of several research analyst reports. Bank of America restated an “underperform” rating and set a $140.00 price objective on shares of American Water Works in a research report on Friday, September 20th. Wells Fargo & Company downgraded American Water Works from an “equal weight” rating to an “underweight” rating and upped their price objective for the stock from $127.00 to $138.00 in a research report on Wednesday, July 31st. Jefferies Financial Group assumed coverage on American Water Works in a research report on Monday. They issued an “underperform” rating and a $124.00 target price on the stock. Royal Bank of Canada restated an “outperform” rating and issued a $164.00 price target on shares of American Water Works in a research note on Thursday, September 19th. Finally, Wolfe Research raised shares of American Water Works to a “hold” rating in a report on Wednesday, September 18th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $138.25.

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.