Stephens Inc. AR Has $970,000 Stock Holdings in American Water Works Company, Inc. (NYSE:AWK)

Stephens Inc. AR raised its position in American Water Works Company, Inc. (NYSE:AWKFree Report) by 1.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,348 shares of the utilities provider’s stock after acquiring an additional 121 shares during the period. Stephens Inc. AR’s holdings in American Water Works were worth $970,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Diversified LLC lifted its position in American Water Works by 3.2% in the fourth quarter. Diversified LLC now owns 2,547 shares of the utilities provider’s stock worth $336,000 after purchasing an additional 80 shares during the period. Brookstone Capital Management lifted its holdings in shares of American Water Works by 4.8% during the 4th quarter. Brookstone Capital Management now owns 1,809 shares of the utilities provider’s stock worth $239,000 after acquiring an additional 83 shares during the period. Headlands Technologies LLC boosted its position in shares of American Water Works by 10.4% during the 4th quarter. Headlands Technologies LLC now owns 894 shares of the utilities provider’s stock valued at $118,000 after acquiring an additional 84 shares in the last quarter. Consolidated Portfolio Review Corp increased its stake in American Water Works by 0.5% in the third quarter. Consolidated Portfolio Review Corp now owns 20,919 shares of the utilities provider’s stock valued at $2,590,000 after acquiring an additional 94 shares during the period. Finally, Journey Advisory Group LLC raised its position in American Water Works by 5.6% in the fourth quarter. Journey Advisory Group LLC now owns 1,900 shares of the utilities provider’s stock worth $251,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AWK shares. UBS Group lifted their price objective on American Water Works from $124.00 to $139.00 and gave the company a “neutral” rating in a report on Monday, May 13th. StockNews.com cut American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday, April 3rd. Finally, Evercore ISI cut American Water Works from an “outperform” rating to an “in-line” rating and cut their price objective for the company from $160.00 to $135.00 in a report on Friday, February 16th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, American Water Works has a consensus rating of “Hold” and a consensus target price of $141.33.

View Our Latest Analysis on American Water Works

American Water Works Stock Up 0.3 %

NYSE AWK opened at $128.62 on Tuesday. The stock’s 50 day simple moving average is $125.82 and its 200 day simple moving average is $125.76. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $151.22. The firm has a market cap of $25.06 billion, a PE ratio of 26.09, a price-to-earnings-growth ratio of 3.06 and a beta of 0.67. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.85 and a quick ratio of 0.79.

American Water Works (NYSE:AWKGet Free Report) last announced its earnings results on Thursday, May 2nd. The utilities provider reported $0.95 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.03). The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $962.30 million. American Water Works had a return on equity of 9.74% and a net margin of 22.27%. American Water Works’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.91 EPS. As a group, sell-side analysts forecast that American Water Works Company, Inc. will post 5.24 earnings per share for the current fiscal year.

American Water Works Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Tuesday, May 14th were given a dividend of $0.765 per share. This is an increase from American Water Works’s previous quarterly dividend of $0.71. The ex-dividend date of this dividend was Monday, May 13th. This represents a $3.06 annualized dividend and a dividend yield of 2.38%. American Water Works’s dividend payout ratio is currently 62.07%.

About American Water Works

(Free Report)

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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Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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