Boston Trust Walden Corp Boosts Holdings in American Water Works Company, Inc. (NYSE:AWK)

Boston Trust Walden Corp lifted its stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 118.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,173 shares of the utilities provider's stock after purchasing an additional 50,490 shares during the quarter. Boston Trust Walden Corp's holdings in American Water Works were worth $13,745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Providence First Trust Co purchased a new position in shares of American Water Works in the 4th quarter worth about $27,000. Whipplewood Advisors LLC purchased a new stake in shares of American Water Works during the 4th 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 worth approximately $33,000. EverSource Wealth Advisors LLC raised its holdings 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 valued at $36,000 after purchasing an additional 103 shares during the last quarter. Finally, Banque Transatlantique SA purchased a new position in shares of American Water Works during the fourth quarter valued at approximately $46,000. Hedge funds and other institutional investors own 86.58% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Barclays assumed coverage on shares of American Water Works in a report on Tuesday, April 22nd. They issued an "underweight" rating and a $138.00 target price on the stock. Evercore ISI raised their target price on shares of American Water Works from $139.00 to $148.00 and gave the stock an "in-line" rating in a report on Friday, May 2nd. Wells Fargo & Company raised their target price 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. UBS Group cut shares of American Water Works from a "strong-buy" rating to a "hold" rating in a report on Friday, April 25th. Finally, Wall Street Zen lowered shares of American Water Works from a "hold" rating to a "sell" rating in a research report on Wednesday, May 14th. Four analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the 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

NYSE AWK opened at $140.93 on Friday. American Water Works Company, Inc. has a 52 week low of $118.74 and a 52 week high of $155.50. The firm has a market capitalization of $27.48 billion, a P/E ratio of 25.67, a PEG ratio of 3.34 and a beta of 0.71. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.26. The company has a 50-day moving average price of $143.49 and a 200-day moving average price of $135.92.

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 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%. The company's revenue was up 13.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.95 earnings per share. Equities research analysts anticipate 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 was paid on Tuesday, June 3rd. Investors of record on Tuesday, May 13th were paid a dividend of $0.8275 per share. The ex-dividend date was Tuesday, May 13th. This is an increase from American Water Works's previous quarterly dividend of $0.77. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.35%. American Water Works's payout ratio is 60.29%.

Insider Activity at American Water Works

In related news, CAO Melissa K. Wikle sold 2,825 shares of the business'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 transaction of $404,766.00. Following the completion of the transaction, the chief accounting officer now directly owns 7,572 shares in the company, valued at approximately $1,084,916.16. The trade was a 27.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.11% of the stock is currently owned by corporate insiders.

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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