Gulf International Bank UK Ltd Trims Position in American Water Works Company, Inc. (NYSE:AWK)

Gulf International Bank UK Ltd lessened its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,230 shares of the utilities provider’s stock after selling 141 shares during the quarter. Gulf International Bank UK Ltd’s holdings in American Water Works were worth $1,895,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Crews Bank & Trust purchased a new stake in American Water Works during the fourth quarter valued at $26,000. Whipplewood Advisors LLC purchased a new stake in American Water Works in the fourth quarter worth about $28,000. Catalyst Capital Advisors LLC increased its position in American Water Works by 155.6% in the third quarter. Catalyst Capital Advisors LLC now owns 299 shares of the utilities provider’s stock worth $44,000 after buying an additional 182 shares in the last quarter. Stonebridge Financial Group LLC purchased a new stake in American Water Works in the fourth quarter worth about $48,000. Finally, Rosenberg Matthew Hamilton increased its position in American Water Works by 29.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider’s stock worth $50,000 after buying an additional 90 shares in the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Wells Fargo & Company upped their price target on American Water Works from $129.00 to $133.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 20th. UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and upped their price target for the stock from $151.00 to $155.00 in a research report on Tuesday, November 19th. Finally, JPMorgan Chase & Co. reduced their price target on American Water Works from $147.00 to $128.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $140.57.

American Water Works Stock Performance

NYSE AWK opened at $136.21 on Friday. The firm has a market cap of $26.55 billion, a price-to-earnings ratio of 25.27, a price-to-earnings-growth ratio of 2.80 and a beta of 0.72. The company has a quick ratio of 0.35, a current ratio of 0.39 and a debt-to-equity ratio of 1.21. The business has a 50-day moving average price of $125.81 and a 200-day moving average price of $134.43. American Water Works Company, Inc. has a twelve month low of $113.34 and a twelve month high of $150.68.

American Water Works (NYSE:AWK) last released its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.09. The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.11 billion. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. As a group, equities research analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 7th will be paid a dividend of $0.765 per share. This represents a $3.06 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend is Friday, February 7th. American Water Works’s payout ratio is presently 56.77%.

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.