Boston Trust Walden Corp Purchases 26,791 Shares of American Water Works Company, Inc. (NYSE:AWK)

Boston Trust Walden Corp boosted its position in American Water Works Company, Inc. (NYSE:AWK) by 258.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,151 shares of the utilities provider’s stock after acquiring an additional 26,791 shares during the quarter. Boston Trust Walden Corp’s holdings in American Water Works were worth $5,433,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in AWK. Wulff Hansen & CO. increased its stake in American Water Works by 12,816.0% in the second quarter. Wulff Hansen & CO. now owns 1,464,674 shares of the utilities provider’s stock valued at $189,177,000 after acquiring an additional 1,453,334 shares during the last quarter. M&G Plc bought a new position in American Water Works in the first quarter valued at $108,688,000. Vanguard Group Inc. increased its stake in American Water Works by 2.6% in the first quarter. Vanguard Group Inc. now owns 24,648,326 shares of the utilities provider’s stock valued at $3,012,272,000 after acquiring an additional 624,977 shares during the last quarter. International Assets Investment Management LLC increased its stake in American Water Works by 14,944.4% in the third quarter. International Assets Investment Management LLC now owns 537,987 shares of the utilities provider’s stock valued at $786,750,000 after acquiring an additional 534,411 shares during the last quarter. Finally, Nuance Investments LLC increased its stake in American Water Works by 70.3% in the first quarter. Nuance Investments LLC now owns 958,309 shares of the utilities provider’s stock valued at $117,115,000 after acquiring an additional 395,684 shares during the last quarter. Institutional investors own 86.58% of the company’s stock.

Insiders Place Their Bets

In other news, Director Martha Clark Goss sold 710 shares of American Water Works stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $142.85, for a total transaction of $101,423.50. Following the completion of the transaction, the director now directly owns 36,880 shares in the company, valued at approximately $5,268,308. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.08% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts recently commented on AWK shares. Jefferies Financial Group began coverage on American Water Works in a research note on Monday, October 7th. They issued an “underperform” rating and a $124.00 target price on the stock. Mizuho cut American Water Works from an “outperform” rating to a “neutral” rating and raised their price objective for the company from $131.00 to $140.00 in a research note on Tuesday, October 15th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $164.00 price objective on shares of American Water Works in a research note on Thursday, September 19th. Bank of America reaffirmed an “underperform” rating and set a $140.00 price objective on shares of American Water Works in a research note on Friday, September 20th. Finally, Wolfe Research raised American Water Works to a “hold” rating in a research note on Wednesday, September 18th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, American Water Works currently has a consensus rating of “Hold” and an average price target of $140.00.

American Water Works Stock Performance

Shares of AWK opened at $137.66 on Monday. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.64 and a quick ratio of 0.58. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $150.68. The company has a 50-day simple moving average of $143.12 and a two-hundred day simple moving average of $135.82. The firm has a market capitalization of $26.82 billion, a PE ratio of 27.92, a price-to-earnings-growth ratio of 3.28 and a beta of 0.69.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, July 31st. The utilities provider reported $1.42 EPS for the quarter, missing the consensus estimate of $1.47 by ($0.05). American Water Works had a return on equity of 9.60% and a net margin of 21.93%. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter last year, the business earned $1.44 earnings per share. The business’s quarterly revenue was up 4.7% on a year-over-year basis. On average, analysts anticipate that American Water Works Company, Inc. will post 5.27 EPS for the current fiscal year.

American Water Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Tuesday, August 13th were issued a $0.765 dividend. The ex-dividend date was Tuesday, August 13th. This represents a $3.06 annualized dividend and a yield of 2.22%. American Water Works’s dividend payout ratio (DPR) is presently 62.07%.

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.