Quantinno Capital Management LP Has $6.78 Million Stock Holdings in American Water Works Company, Inc. (NYSE:AWK)

Quantinno Capital Management LP raised its stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 18.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,462 shares of the utilities provider's stock after acquiring an additional 8,547 shares during the quarter. Quantinno Capital Management LP's holdings in American Water Works were worth $6,780,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Barclays PLC raised its position in shares of American Water Works by 1.0% during the third quarter. Barclays PLC now owns 376,348 shares of the utilities provider's stock worth $55,037,000 after purchasing an additional 3,560 shares during the period. Oak Thistle LLC bought a new position in American Water Works in the fourth quarter valued at approximately $232,000. Fifth Third Wealth Advisors LLC increased its position in shares of American Water Works by 21.0% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 2,125 shares of the utilities provider's stock worth $265,000 after acquiring an additional 369 shares in the last quarter. Empirical Asset Management LLC acquired a new stake in shares of American Water Works during the fourth quarter worth $1,465,000. Finally, Avanza Fonder AB acquired a new position in American Water Works in the 4th quarter worth $2,638,000. 86.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

AWK has been the subject of a number of research reports. 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 for the company. Evercore ISI upped their target price 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. StockNews.com cut shares of American Water Works from a "hold" rating to a "sell" rating in a research note on Wednesday, May 14th. UBS Group lowered shares of American Water Works from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 25th. Finally, Wells Fargo & Company increased their price target on shares of American Water Works from $142.00 to $147.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $143.22.

American Water Works Stock Performance

NYSE AWK traded up $0.09 on Tuesday, reaching $143.80. The stock had a trading volume of 1,119,053 shares, compared to its average volume of 1,216,753. The firm has a fifty day moving average of $144.31 and a two-hundred day moving average of $135.02. The company has a market cap of $28.04 billion, a P/E ratio of 26.68, a price-to-earnings-growth ratio of 2.80 and a beta of 0.73. American Water Works Company, Inc. has a 1-year low of $118.74 and a 1-year 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.

American Water Works (NYSE:AWK - Get Free Report) last posted its earnings results on Wednesday, April 30th. The utilities provider reported $1.05 EPS for the quarter, missing analysts' consensus estimates of $1.06 by ($0.01). The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.09 billion. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. The firm's revenue was up 13.0% compared to the same quarter last year. During the same period last year, the company posted $0.95 EPS. On average, equities research analysts anticipate that American Water Works Company, Inc. will post 5.71 EPS for the current year.

American Water Works Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Tuesday, May 13th will be paid a dividend of $0.8275 per share. The ex-dividend date of this dividend is Tuesday, May 13th. This is a positive change from American Water Works's previous quarterly dividend of $0.77. This represents a $3.31 annualized dividend and a yield of 2.30%. American Water Works's dividend payout ratio is currently 60.29%.

About American Water Works

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.