Aaron Wealth Advisors LLC Buys 115 Shares of American Water Works Company, Inc. (NYSE:AWK)

Aaron Wealth Advisors LLC boosted its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 6.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,857 shares of the utilities provider’s stock after purchasing an additional 115 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in American Water Works were worth $231,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Catalyst Capital Advisors LLC increased its position in shares of American Water Works by 155.6% during the third quarter. Catalyst Capital Advisors LLC now owns 299 shares of the utilities provider’s stock valued at $44,000 after acquiring an additional 182 shares in the last quarter. Rosenberg Matthew Hamilton increased its holdings in shares of American Water Works by 29.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider’s stock worth $50,000 after purchasing an additional 90 shares in the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of American Water Works in the third quarter worth $51,000. Assetmark Inc. lifted its holdings in shares of American Water Works by 31.7% during the third quarter. Assetmark Inc. now owns 370 shares of the utilities provider’s stock valued at $54,000 after purchasing an additional 89 shares in the last quarter. Finally, Raleigh Capital Management Inc. increased its holdings in American Water Works by 446.2% in the 3rd quarter. Raleigh Capital Management Inc. now owns 426 shares of the utilities provider’s stock worth $62,000 after buying an additional 348 shares in the last quarter. 86.58% of the stock is currently owned by institutional investors.

American Water Works Price Performance

NYSE AWK opened at $126.31 on Wednesday. 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 business’s fifty day moving average is $129.28 and its 200 day moving average is $137.07. The company has a market capitalization of $24.62 billion, a PE ratio of 25.01, a price-to-earnings-growth ratio of 2.73 and a beta of 0.71. American Water Works Company, Inc. has a fifty-two week low of $113.34 and a fifty-two week high of $150.68.

American Water Works Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Friday, February 7th. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.42%. American Water Works’s dividend payout ratio (DPR) is presently 60.59%.

Analyst Ratings Changes

AWK has been the topic of several research analyst reports. UBS Group upgraded shares of American Water Works from a “neutral” rating to a “buy” rating and upped their target price for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. Jefferies Financial Group started coverage on shares of American Water Works in a research report on Monday, October 7th. They issued an “underperform” rating and a $124.00 target price for the company. Wells Fargo & Company raised American Water Works from an “underweight” rating to an “equal weight” rating and lowered their price target for the company from $133.00 to $129.00 in a report on Tuesday, January 7th. Finally, Mizuho lowered American Water Works from an “outperform” rating to a “neutral” rating and lifted their price objective for the stock from $131.00 to $140.00 in a report on Tuesday, October 15th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, American Water Works has an average rating of “Hold” and a consensus target price of $141.00.

American Water Works 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.