Siemens Fonds Invest GmbH Purchases 6,439 Shares of American Water Works Company, Inc. (NYSE:AWK)

Siemens Fonds Invest GmbH raised its stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 294.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,629 shares of the utilities provider's stock after purchasing an additional 6,439 shares during the quarter. Siemens Fonds Invest GmbH's holdings in American Water Works were worth $1,074,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Bleakley Financial Group LLC raised its position in shares of American Water Works by 4.6% during the 4th quarter. Bleakley Financial Group LLC now owns 2,012 shares of the utilities provider's stock valued at $250,000 after buying an additional 89 shares in the last quarter. Summit Financial LLC increased its stake in American Water Works by 1.1% in the fourth quarter. Summit Financial LLC now owns 8,438 shares of the utilities provider's stock valued at $1,051,000 after acquiring an additional 92 shares during the last quarter. Glenview Trust co raised its position in American Water Works by 1.9% during the fourth quarter. Glenview Trust co now owns 4,986 shares of the utilities provider's stock valued at $621,000 after purchasing an additional 93 shares in the last quarter. Parallel Advisors LLC lifted its stake in American Water Works by 2.4% during the fourth quarter. Parallel Advisors LLC now owns 4,241 shares of the utilities provider's stock worth $528,000 after purchasing an additional 98 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake 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 worth $36,000 after purchasing an additional 103 shares during the last quarter. 86.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on AWK shares. Wells Fargo & Company increased their price objective on American Water Works from $142.00 to $147.00 and gave the company an "equal weight" rating in a research report on Friday, May 2nd. UBS Group cut shares of American Water Works from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 25th. JPMorgan Chase & Co. decreased their price target on shares of American Water Works from $147.00 to $128.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 28th. Wall Street Zen lowered shares of American Water Works from a "hold" rating to a "sell" rating in a report on Wednesday, May 14th. Finally, Evercore ISI increased their target price on shares of American Water Works from $139.00 to $148.00 and gave the company an "in-line" rating in a report on Friday, May 2nd. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $143.22.

American Water Works Trading Down 1.5%

Shares of NYSE AWK traded down $2.19 during mid-day trading on Thursday, hitting $141.29. The stock had a trading volume of 348,215 shares, compared to its average volume of 1,500,651. The business has a 50 day moving average price of $144.32 and a two-hundred day moving average price of $135.14. 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 quick ratio of 0.35 and a current ratio of 0.39. The firm has a market cap of $27.55 billion, a P/E ratio of 26.22, a price-to-earnings-growth ratio of 2.80 and a beta of 0.73.

American Water Works (NYSE:AWK - Get Free Report) last announced its quarterly earnings results 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 firm 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%. American Water Works's revenue was up 13.0% on a year-over-year basis. During the same period last year, the business earned $0.95 EPS. On average, equities analysts anticipate that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Tuesday, May 13th will be given a dividend of $0.8275 per share. This is a positive change from American Water Works's previous quarterly dividend of $0.77. The ex-dividend date is Tuesday, May 13th. This represents a $3.31 dividend on an annualized basis and a yield of 2.34%. American Water Works's dividend payout ratio is presently 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.