Arlington Trust Co LLC Has $1.16 Million Position in American Water Works Company, Inc. (NYSE:AWK)

Arlington Trust Co LLC grew its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 2.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 9,342 shares of the utilities provider’s stock after acquiring an additional 200 shares during the quarter. Arlington Trust Co LLC’s holdings in American Water Works were worth $1,163,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AWK. Atomi Financial Group Inc. acquired a new stake in American Water Works during the 3rd quarter worth about $253,000. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in American Water Works by 400.5% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 4,124 shares of the utilities provider’s stock worth $603,000 after acquiring an additional 3,300 shares during the period. Ritholtz Wealth Management grew its holdings in American Water Works by 10.5% during the 3rd quarter. Ritholtz Wealth Management now owns 3,221 shares of the utilities provider’s stock worth $471,000 after acquiring an additional 306 shares during the period. Exchange Traded Concepts LLC grew its holdings in American Water Works by 2.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 17,155 shares of the utilities provider’s stock worth $2,509,000 after acquiring an additional 341 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in American Water Works by 11.2% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 7,744 shares of the utilities provider’s stock worth $1,132,000 after acquiring an additional 781 shares during the period. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently commented on AWK shares. Mizuho downgraded American Water Works from an “outperform” rating to a “neutral” rating and raised their target price for the company from $131.00 to $140.00 in a research note on Tuesday, October 15th. JPMorgan Chase & Co. reduced their target price on American Water Works from $147.00 to $128.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. Wells Fargo & Company upgraded American Water Works from an “underweight” rating to an “equal weight” rating and reduced their target price for the company from $133.00 to $129.00 in a research note on Tuesday, January 7th. Finally, UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and raised their target price for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $139.38.

American Water Works Price Performance

Shares of NYSE AWK opened at $122.53 on Monday. American Water Works Company, Inc. has a fifty-two week low of $113.34 and a fifty-two week high of $150.68. The stock has a market cap of $23.88 billion, a price-to-earnings ratio of 24.26, a PEG ratio of 2.62 and a beta of 0.72. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.53 and a current ratio of 0.58. The firm’s 50-day simple moving average is $125.92 and its 200 day simple moving average is $135.83.

American Water Works Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 7th will be given a $0.765 dividend. The ex-dividend date is Friday, February 7th. This represents a $3.06 annualized dividend and a yield of 2.50%. American Water Works’s payout ratio is 60.59%.

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.