American Water Works Company, Inc. (NYSE:AWK) Stock Holdings Lessened by Claro Advisors LLC

Claro Advisors LLC reduced its holdings in American Water Works Company, Inc. (NYSE:AWK) by 14.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,480 shares of the utilities provider’s stock after selling 910 shares during the period. Claro Advisors LLC’s holdings in American Water Works were worth $682,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Clean Yield Group lifted its position in American Water Works by 4.5% in the 4th quarter. Clean Yield Group now owns 64,030 shares of the utilities provider’s stock valued at $7,971,000 after purchasing an additional 2,783 shares during the last quarter. Bridge Creek Capital Management LLC lifted its position in American Water Works by 0.8% in the 4th quarter. Bridge Creek Capital Management LLC now owns 22,764 shares of the utilities provider’s stock valued at $2,834,000 after purchasing an additional 187 shares during the last quarter. Fiduciary Alliance LLC lifted its position in American Water Works by 3.0% in the 4th quarter. Fiduciary Alliance LLC now owns 23,927 shares of the utilities provider’s stock valued at $2,979,000 after purchasing an additional 694 shares during the last quarter. Czech National Bank lifted its position in American Water Works by 6.5% in the 4th quarter. Czech National Bank now owns 42,257 shares of the utilities provider’s stock valued at $5,261,000 after purchasing an additional 2,562 shares during the last quarter. Finally, ST Germain D J Co. Inc. lifted its position in American Water Works by 469.5% in the 4th quarter. ST Germain D J Co. Inc. now owns 1,213 shares of the utilities provider’s stock valued at $151,000 after purchasing an additional 1,000 shares during the last quarter. 86.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Wolfe Research upgraded shares of American Water Works to a “hold” rating in a research report on Wednesday, September 18th. Royal Bank of Canada restated an “outperform” rating and set a $164.00 price target on shares of American Water Works in a research report on Thursday, September 19th. Mizuho downgraded shares of American Water Works from an “outperform” rating to a “neutral” rating and boosted their price target for the stock from $131.00 to $140.00 in a research report on Tuesday, October 15th. Bank of America restated an “underperform” rating and set a $140.00 price target on shares of American Water Works in a research report on Friday, September 20th. Finally, Jefferies Financial Group started coverage on shares of American Water Works in a research report on Monday, October 7th. They set an “underperform” rating and a $124.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, American Water Works has a consensus rating of “Hold” and an average price target of $141.00.

American Water Works Stock Performance

Shares of AWK opened at $120.90 on Tuesday. The firm’s 50 day moving average is $130.25 and its 200-day moving average is $137.18. The stock has a market capitalization of $23.56 billion, a P/E ratio of 23.94, a P/E/G ratio of 3.03 and a beta of 0.71. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.58 and a quick ratio of 0.53. American Water Works Company, Inc. has a 12-month low of $113.34 and a 12-month high of $150.68.

American Water Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 7th will be paid a $0.765 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $3.06 annualized dividend and a dividend yield of 2.53%. American Water Works’s dividend payout ratio is currently 60.59%.

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.