4,867 Shares in American Water Works Company, Inc. (NYSE:AWK) Bought by Fire Capital Management LLC

Fire Capital Management LLC bought a new stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 4,867 shares of the utilities provider's stock, valued at approximately $606,000.

Several other hedge funds also recently made changes to their positions in AWK. Barclays PLC boosted its holdings in American Water Works by 1.0% during the third quarter. Barclays PLC now owns 376,348 shares of the utilities provider's stock valued at $55,037,000 after acquiring an additional 3,560 shares during the period. Inspire Investing LLC increased its position in shares of American Water Works by 5.9% in the 4th quarter. Inspire Investing LLC now owns 2,073 shares of the utilities provider's stock valued at $258,000 after buying an additional 115 shares in the last quarter. Blue Trust Inc. boosted its position in shares of American Water Works by 14.4% during the fourth quarter. Blue Trust Inc. now owns 969 shares of the utilities provider's stock worth $121,000 after buying an additional 122 shares during the period. Union Bancaire Privee UBP SA acquired a new position in American Water Works during the fourth quarter valued at approximately $774,000. Finally, Pacer Advisors Inc. lifted its holdings in American Water Works by 12.3% during the 4th quarter. Pacer Advisors Inc. now owns 16,366 shares of the utilities provider's stock valued at $2,037,000 after purchasing an additional 1,791 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company's stock.

American Water Works Stock Up 0.8%

American Water Works stock traded up $1.14 during trading on Friday, reaching $142.68. 3,771,555 shares of the company's stock were exchanged, compared to its average volume of 1,230,239. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.35 and a current ratio of 0.39. The company's 50-day moving average is $144.40 and its two-hundred day moving average is $135.52. The firm has a market cap of $27.82 billion, a price-to-earnings ratio of 26.47, a PEG ratio of 2.80 and a beta of 0.73. American Water Works Company, Inc. has a 52-week low of $118.74 and a 52-week high of $155.50.

American Water Works (NYSE:AWK - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The utilities provider reported $1.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the firm earned $0.95 EPS. The firm's revenue was up 13.0% compared to the same quarter last year. On average, analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

American Water Works Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Tuesday, May 13th will be issued a $0.8275 dividend. This represents a $3.31 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date of this dividend is Tuesday, May 13th. This is an increase from American Water Works's previous quarterly dividend of $0.77. American Water Works's dividend payout ratio is currently 60.29%.

Analyst Ratings Changes

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

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.