Asset Management One Co. Ltd. Has $16.36 Million Position in American Water Works Company, Inc. (NYSE:AWK)

Asset Management One Co. Ltd. raised its holdings in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 4.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 110,882 shares of the utilities provider's stock after acquiring an additional 4,656 shares during the period. Asset Management One Co. Ltd. owned about 0.06% of American Water Works worth $16,357,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Providence First Trust Co acquired a new position in American Water Works in the fourth quarter valued at about $27,000. Whipplewood Advisors LLC bought a new stake in shares of American Water Works in the fourth quarter valued at about $28,000. Capital A Wealth Management LLC bought a new stake in shares of American Water Works in the fourth quarter valued at about $33,000. EverSource Wealth Advisors LLC lifted its holdings in shares of American Water Works by 54.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider's stock valued at $36,000 after purchasing an additional 103 shares in the last quarter. Finally, Banque Transatlantique SA bought a new stake in shares of American Water Works in the fourth quarter valued at about $46,000. 86.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at American Water Works

In other news, CAO Melissa K. Wikle sold 2,825 shares of the company's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $143.28, for a total value of $404,766.00. Following the transaction, the chief accounting officer now owns 7,572 shares of the company's stock, valued at approximately $1,084,916.16. This represents a 27.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.11% of the company's stock.

American Water Works Stock Performance

NYSE:AWK traded down $0.63 on Friday, hitting $137.79. The company's stock had a trading volume of 1,564,672 shares, compared to its average volume of 1,226,981. The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 1.26. The stock has a fifty day moving average of $142.88 and a two-hundred day moving average of $136.24. The firm has a market capitalization of $26.87 billion, a P/E ratio of 25.10, a price-to-earnings-growth ratio of 3.28 and a beta of 0.71. American Water Works Company, Inc. has a one year low of $118.74 and a one year high of $155.50.

American Water Works (NYSE:AWK - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by ($0.01). The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.09 billion. American Water Works had a net margin of 22.24% and a return on equity of 10.35%. American Water Works's quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.95 EPS. Research 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 firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Tuesday, May 13th were paid a $0.8275 dividend. This is a positive change from American Water Works's previous quarterly dividend of $0.77. The ex-dividend date of this dividend was Tuesday, May 13th. This represents a $3.31 annualized dividend and a yield of 2.40%. American Water Works's dividend payout ratio is currently 60.29%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. UBS Group lowered American Water Works from a "strong-buy" rating to a "hold" rating in a report on Friday, April 25th. Evercore ISI boosted their price target on American Water Works from $139.00 to $148.00 and gave the company an "in-line" rating in a report on Friday, May 2nd. 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. Barclays started coverage on American Water Works in a report on Tuesday, April 22nd. They issued an "underweight" rating and a $138.00 price target on the stock. Finally, Wall Street Zen lowered American Water Works from a "hold" rating to a "sell" rating in a report on Wednesday, May 14th. Four 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 stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $143.22.

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.