J.W. Cole Advisors Inc. Has $289,000 Stock Holdings in American Water Works Company, Inc. (NYSE:AWK)

J.W. Cole Advisors Inc. increased its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 4.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,977 shares of the utilities provider’s stock after acquiring an additional 93 shares during the period. J.W. Cole Advisors Inc.’s holdings in American Water Works were worth $289,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC acquired a new stake in shares of American Water Works during the 2nd quarter valued at about $30,000. Central Pacific Bank Trust Division acquired a new stake in American Water Works in the first quarter valued at approximately $41,000. Hantz Financial Services Inc. bought a new stake in American Water Works in the second quarter worth approximately $46,000. Salomon & Ludwin LLC grew its position in American Water Works by 260.2% in the first quarter. Salomon & Ludwin LLC now owns 389 shares of the utilities provider’s stock worth $48,000 after acquiring an additional 281 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of American Water Works during the 2nd quarter worth $50,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Stock Performance

Shares of NYSE AWK opened at $138.11 on Friday. 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 market cap of $26.91 billion, a P/E ratio of 28.13, a P/E/G ratio of 3.28 and a beta of 0.69. The business’s 50 day moving average is $142.81 and its two-hundred day moving average is $136.11. The company has a quick ratio of 0.58, a current ratio of 0.64 and a debt-to-equity ratio of 1.24.

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, October 30th. The utilities provider reported $1.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.84 by ($0.04). The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.20 billion. American Water Works had a return on equity of 9.60% and a net margin of 21.93%. On average, equities analysts expect that American Water Works Company, Inc. will post 5.27 EPS for the current year.

American Water Works Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 3rd. Investors of record on Tuesday, November 12th will be paid a $0.765 dividend. This represents a $3.06 annualized dividend and a dividend yield of 2.22%. The ex-dividend date of this dividend is Tuesday, November 12th. American Water Works’s payout ratio is presently 62.32%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Bank of America reiterated an “underperform” rating and issued a $140.00 price objective on shares of American Water Works in a report on Friday, September 20th. Mizuho lowered American Water Works from an “outperform” rating to a “neutral” rating and increased their price objective for the company 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 report on Wednesday, September 18th. Jefferies Financial Group initiated coverage on American Water Works in a research report on Monday, October 7th. They set an “underperform” rating and a $124.00 target price for the company. Finally, Wells Fargo & Company lowered shares of American Water Works from an “equal weight” rating to an “underweight” rating and lifted their price target for the company from $127.00 to $138.00 in a research report on Wednesday, July 31st. Four research 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’s stock. Based on data from MarketBeat.com, American Water Works currently has an average rating of “Hold” and an average target price of $140.00.

Insider Activity at American Water Works

In other American Water Works news, Director Martha Clark Goss sold 710 shares of the company’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 completion of the transaction, the director now owns 36,880 shares of the company’s stock, 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 at this link. 0.08% of the stock is owned by corporate insiders.

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.