Howland Capital Management LLC Acquires 185 Shares of American Water Works Company, Inc. (NYSE:AWK)

Howland Capital Management LLC increased its holdings in American Water Works Company, Inc. (NYSE:AWK) by 0.1% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 189,848 shares of the utilities provider’s stock after buying an additional 185 shares during the quarter. Howland Capital Management LLC’s holdings in American Water Works were worth $23,634,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Empowered Funds LLC increased its holdings in American Water Works by 43.3% in the 4th quarter. Empowered Funds LLC now owns 5,303 shares of the utilities provider’s stock worth $660,000 after buying an additional 1,603 shares in the last quarter. Kingsview Wealth Management LLC increased its holdings in American Water Works by 17.9% in the 4th quarter. Kingsview Wealth Management LLC now owns 4,053 shares of the utilities provider’s stock worth $505,000 after buying an additional 616 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in American Water Works by 29.2% in the 4th quarter. Apollon Wealth Management LLC now owns 7,272 shares of the utilities provider’s stock worth $905,000 after buying an additional 1,645 shares in the last quarter. Cidel Asset Management Inc. increased its holdings in American Water Works by 20.0% in the 4th quarter. Cidel Asset Management Inc. now owns 24,508 shares of the utilities provider’s stock worth $3,051,000 after buying an additional 4,089 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in American Water Works in the 4th quarter worth about $166,000. 86.58% of the stock is currently owned by institutional investors.

American Water Works Trading Down 1.2 %

Shares of AWK stock opened at $122.53 on Friday. American Water Works Company, Inc. has a 52-week low of $113.34 and a 52-week high of $150.68. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.53 and a current ratio of 0.58. The firm has a market capitalization of $23.88 billion, a PE ratio of 24.26, a PEG ratio of 2.62 and a beta of 0.72. The stock has a fifty day simple moving average of $125.92 and a two-hundred day simple moving average of $135.86.

American Water Works Announces Dividend

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 $0.765 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $3.06 dividend on an annualized basis and a yield of 2.50%. American Water Works’s payout ratio is presently 60.59%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on AWK shares. Mizuho downgraded American Water Works from an “outperform” rating to a “neutral” rating and boosted their price target for the company from $131.00 to $140.00 in a research note on Tuesday, October 15th. JPMorgan Chase & Co. reduced their target price on shares of American Water Works from $147.00 to $128.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. Wells Fargo & Company upgraded shares of American Water Works from an “underweight” rating to an “equal weight” rating and dropped their price target for the stock from $133.00 to $129.00 in a research note on Tuesday, January 7th. Finally, UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $151.00 to $155.00 in a research note on Tuesday, November 19th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, American Water Works currently has a consensus rating of “Hold” and an average price target of $139.38.

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.