Kintegral Advisory LLC trimmed its position in American Water Works Company, Inc. (NYSE:AWK – Free Report) by 4.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,354 shares of the utilities provider’s stock after selling 202 shares during the quarter. Kintegral Advisory LLC’s holdings in American Water Works were worth $542,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Crews Bank & Trust purchased a new position in shares of American Water Works in the 4th quarter worth about $26,000. Catalyst Capital Advisors LLC grew its stake in shares of American Water Works by 155.6% in the third quarter. Catalyst Capital Advisors LLC now owns 299 shares of the utilities provider’s stock valued at $44,000 after buying an additional 182 shares in the last quarter. Stonebridge Financial Group LLC acquired a new stake in shares of American Water Works in the fourth quarter valued at about $48,000. Rosenberg Matthew Hamilton grew its stake in shares of American Water Works by 29.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider’s stock valued at $50,000 after buying an additional 90 shares in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of American Water Works in the third quarter valued at about $51,000. 86.58% of the stock is currently owned by hedge funds and other institutional investors.
American Water Works Stock Up 3.1 %
Shares of American Water Works stock opened at $132.63 on Monday. The business’s fifty day moving average price is $124.93 and its two-hundred day moving average price is $134.63. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.39 and a quick ratio of 0.53. The company has a market capitalization of $25.86 billion, a P/E ratio of 24.61, a PEG ratio of 2.72 and a beta of 0.72. American Water Works Company, Inc. has a 1-year low of $113.34 and a 1-year high of $150.68.
American Water Works Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 7th will be issued a $0.765 dividend. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date of this dividend is Friday, February 7th. American Water Works’s payout ratio is 56.77%.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on AWK. Wells Fargo & Company increased their target price on American Water Works from $129.00 to $133.00 and gave the company an “equal weight” rating in a research note on Thursday. JPMorgan Chase & Co. lowered their target price on American Water Works from $147.00 to $128.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. Finally, UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and increased their target price for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $140.57.
Read Our Latest Stock Analysis on American Water Works
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.
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