6,593 Shares in American Water Works Company, Inc. (NYSE:AWK) Bought by PharVision Advisers LLC

PharVision Advisers LLC bought a new stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,593 shares of the utilities provider's stock, valued at approximately $821,000. American Water Works accounts for approximately 0.7% of PharVision Advisers LLC's portfolio, making the stock its 10th biggest position.

A number of other institutional investors also recently bought and sold shares of AWK. Crews Bank & Trust purchased a new stake in shares of American Water Works during the 4th quarter valued at about $26,000. Providence First Trust Co bought a new stake in American Water Works during the fourth quarter valued at approximately $27,000. Whipplewood Advisors LLC purchased a new stake in American Water Works during the fourth quarter valued at approximately $28,000. EverSource Wealth Advisors LLC increased its holdings in American Water Works by 54.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider's stock valued at $36,000 after buying an additional 103 shares during the last quarter. Finally, Banque Transatlantique SA bought a new position in American Water Works in the fourth quarter worth approximately $46,000. Institutional investors own 86.58% of the company's stock.

American Water Works Stock Performance

NYSE:AWK opened at $143.80 on Wednesday. The stock has a 50-day moving average price of $144.34 and a 200 day moving average price of $135.08. The stock has a market capitalization of $28.04 billion, a P/E ratio of 26.68, a P/E/G ratio of 2.80 and a beta of 0.73. American Water Works Company, Inc. has a 12-month low of $118.74 and a 12-month high of $155.50. The company has a current ratio of 0.39, a quick ratio of 0.35 and a debt-to-equity ratio of 1.21.

American Water Works (NYSE:AWK - Get Free Report) last announced its quarterly earnings data 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). The company had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.09 billion. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. The company's quarterly revenue was up 13.0% compared to the same quarter last year. During the same period last year, the business earned $0.95 earnings per share. Equities research analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Tuesday, May 13th will be issued a dividend of $0.8275 per share. This represents a $3.31 annualized dividend and a dividend yield of 2.30%. 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 60.29%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. reduced their price objective 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. Wells Fargo & Company boosted their price target on American Water Works from $142.00 to $147.00 and gave the company an "equal weight" rating in a report on Friday, May 2nd. Evercore ISI raised their price objective on 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. StockNews.com downgraded American Water Works from a "hold" rating to a "sell" rating in a research note on Wednesday, May 14th. Finally, UBS Group lowered shares of American Water Works from a "strong-buy" rating to a "hold" rating in a report on Friday, April 25th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently 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.

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