American Water Works Company, Inc. (NYSE:AWK) Stake Raised by Twinbeech Capital LP

Twinbeech Capital LP boosted its holdings in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 826.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 76,864 shares of the utilities provider's stock after acquiring an additional 68,563 shares during the quarter. Twinbeech Capital LP's holdings in American Water Works were worth $9,569,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Tidal Investments LLC raised its position in American Water Works by 16.8% in the fourth quarter. Tidal Investments LLC now owns 28,396 shares of the utilities provider's stock worth $3,535,000 after acquiring an additional 4,091 shares in the last quarter. Toronto Dominion Bank raised its position in American Water Works by 23.7% in the fourth quarter. Toronto Dominion Bank now owns 119,282 shares of the utilities provider's stock worth $14,849,000 after acquiring an additional 22,855 shares in the last quarter. Safe Harbor Fiduciary LLC raised its position in American Water Works by 4.0% in the fourth quarter. Safe Harbor Fiduciary LLC now owns 3,013 shares of the utilities provider's stock worth $375,000 after acquiring an additional 116 shares in the last quarter. Snowden Capital Advisors LLC raised its position in American Water Works by 1.5% in the fourth quarter. Snowden Capital Advisors LLC now owns 9,624 shares of the utilities provider's stock worth $1,198,000 after acquiring an additional 139 shares in the last quarter. Finally, Siemens Fonds Invest GmbH raised its position in American Water Works by 294.0% in the fourth quarter. Siemens Fonds Invest GmbH now owns 8,629 shares of the utilities provider's stock worth $1,074,000 after acquiring an additional 6,439 shares in the last quarter. 86.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on AWK. Evercore ISI boosted their price objective on American Water Works from $139.00 to $148.00 and gave the stock an "in-line" rating in a report on Friday, May 2nd. UBS Group downgraded American Water Works from a "strong-buy" rating to a "hold" rating in a report on Friday, April 25th. JPMorgan Chase & Co. cut their price objective on American Water Works from $147.00 to $128.00 and set a "neutral" rating on the stock in a report on Tuesday, January 28th. Barclays began coverage on American Water Works in a report on Tuesday, April 22nd. They set an "underweight" rating and a $138.00 price objective on the stock. Finally, StockNews.com downgraded American Water Works from a "hold" rating to a "sell" rating in a report on Wednesday, May 14th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $143.22.

American Water Works Price Performance

Shares of AWK opened at $143.59 on Tuesday. The company has a market capitalization of $28.00 billion, a price-to-earnings ratio of 26.64, a P/E/G ratio of 2.80 and a beta of 0.73. American Water Works Company, Inc. has a fifty-two week low of $118.74 and a fifty-two week high of $155.50. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.39 and a quick ratio of 0.35. The business's 50-day moving average is $144.31 and its 200-day moving average is $135.02.

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

American Water Works Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Tuesday, May 13th will be paid a $0.8275 dividend. This is a boost from American Water Works's previous quarterly dividend of $0.77. The ex-dividend date is Tuesday, May 13th. This represents a $3.31 annualized dividend and a dividend yield of 2.31%. American Water Works's payout ratio is presently 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.

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