111 Capital Acquires New Holdings in American Water Works Company, Inc. (NYSE:AWK)

111 Capital bought a new position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,029 shares of the utilities provider's stock, valued at approximately $502,000.

Other institutional investors have also made changes to their positions in the company. Crews Bank & Trust acquired a new position in shares of American Water Works during the fourth quarter worth $26,000. Providence First Trust Co acquired a new position in shares of American Water Works during the fourth quarter worth $27,000. Whipplewood Advisors LLC acquired a new position in shares of American Water Works during the fourth quarter worth $28,000. Capital A Wealth Management LLC acquired a new position in shares of American Water Works during the fourth quarter worth $33,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of American Water Works by 54.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider's stock worth $36,000 after purchasing an additional 103 shares in the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on AWK. Wall Street Zen cut shares of American Water Works from a "hold" rating to a "sell" rating in a research report on Wednesday, May 14th. Evercore ISI increased their price objective on shares of American Water Works from $139.00 to $148.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. UBS Group lowered shares of American Water Works from a "strong-buy" rating to a "hold" rating in a report on Friday, April 25th. Wells Fargo & Company raised their price objective on shares of American Water Works from $142.00 to $147.00 and gave the stock an "equal weight" rating in a report on Friday, May 2nd. Finally, Barclays initiated coverage on shares of American Water Works in a report on Tuesday, April 22nd. They set an "underweight" rating and a $138.00 price objective for the company. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $143.22.

Insider Activity

In other news, CAO Melissa K. Wikle sold 2,825 shares of American Water Works stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $143.28, for a total value of $404,766.00. Following the completion of the transaction, the chief accounting officer now directly owns 7,572 shares of the company's stock, valued at approximately $1,084,916.16. The trade was a 27.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.11% of the company's stock.

American Water Works Stock Down 0.4%

AWK stock traded down $0.54 during mid-day trading on Tuesday, hitting $141.88. 1,097,091 shares of the company were exchanged, compared to its average volume of 1,221,037. American Water Works Company, Inc. has a twelve month low of $118.74 and a twelve month high of $155.50. The firm has a fifty day simple moving average of $144.39 and a 200 day simple moving average of $135.66. The company has a current ratio of 0.39, a quick ratio of 0.35 and a debt-to-equity ratio of 1.21. The company has a market capitalization of $27.67 billion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 2.80 and a beta of 0.73.

American Water Works (NYSE:AWK - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The utilities provider reported $1.05 EPS for the quarter, missing the consensus estimate of $1.06 by ($0.01). American Water Works had a net margin of 22.44% and a return on equity of 10.29%. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the firm posted $0.95 earnings per share. The company's quarterly revenue was up 13.0% on a year-over-year basis. On average, research analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

American Water Works Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Tuesday, May 13th will be issued a $0.8275 dividend. The ex-dividend date is Tuesday, May 13th. This is a positive change from American Water Works's previous quarterly dividend of $0.77. This represents a $3.31 annualized dividend and a dividend yield of 2.33%. American Water Works's payout ratio is 60.29%.

American Water Works 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.