Archford Capital Strategies LLC Acquires 200 Shares of American Water Works Company, Inc. (NYSE:AWK)

Archford Capital Strategies LLC grew its position in American Water Works Company, Inc. (NYSE:AWK) by 1.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,442 shares of the utilities provider’s stock after purchasing an additional 200 shares during the quarter. Archford Capital Strategies LLC’s holdings in American Water Works were worth $1,798,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Lantz Financial LLC bought a new position in shares of American Water Works in the fourth quarter valued at approximately $1,005,000. Exchange Traded Concepts LLC raised its position in shares of American Water Works by 37.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 23,609 shares of the utilities provider’s stock valued at $2,939,000 after purchasing an additional 6,454 shares during the period. St. Johns Investment Management Company LLC raised its position in shares of American Water Works by 3.4% in the fourth quarter. St. Johns Investment Management Company LLC now owns 3,231 shares of the utilities provider’s stock valued at $402,000 after purchasing an additional 105 shares during the period. Shilanski & Associates Inc. raised its position in shares of American Water Works by 0.4% in the fourth quarter. Shilanski & Associates Inc. now owns 26,276 shares of the utilities provider’s stock valued at $3,271,000 after purchasing an additional 105 shares during the period. Finally, Inspire Investing LLC raised its position in shares of American Water Works by 5.9% in the fourth quarter. Inspire Investing LLC now owns 2,073 shares of the utilities provider’s stock valued at $258,000 after purchasing an additional 115 shares during the period. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Down 0.1 %

AWK opened at $121.67 on Friday. American Water Works Company, Inc. has a fifty-two week low of $113.34 and a fifty-two week high of $150.68. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.58 and a quick ratio of 0.53. The firm’s fifty day moving average price is $128.48 and its two-hundred day moving average price is $136.78. The company has a market capitalization of $23.71 billion, a P/E ratio of 24.09, a P/E/G ratio of 2.62 and a beta of 0.71.

American Water Works Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 7th will be paid a dividend of $0.765 per share. The ex-dividend date is Friday, February 7th. This represents a $3.06 dividend on an annualized basis and a yield of 2.51%. American Water Works’s dividend payout ratio is currently 60.59%.

Analyst Ratings Changes

AWK has been the topic of a number of recent analyst reports. Jefferies Financial Group initiated coverage on shares of American Water Works in a research report on Monday, October 7th. They issued an “underperform” rating and a $124.00 price target on the stock. UBS Group upgraded shares of American Water Works from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $151.00 to $155.00 in a research note on Tuesday, November 19th. Wells Fargo & Company upgraded shares of American Water Works from an “underweight” rating to an “equal weight” rating and lowered their price objective for the stock from $133.00 to $129.00 in a research note on Tuesday, January 7th. Finally, Mizuho downgraded shares of American Water Works from an “outperform” rating to a “neutral” rating and raised their price objective for the stock from $131.00 to $140.00 in a research note on Tuesday, October 15th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $141.00.

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.