American Water Works Company, Inc. (NYSE:AWK) Stock Position Lifted by Robeco Schweiz AG

Robeco Schweiz AG lifted its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 13.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 728,744 shares of the utilities provider’s stock after purchasing an additional 88,517 shares during the quarter. American Water Works comprises about 1.8% of Robeco Schweiz AG’s investment portfolio, making the stock its 18th largest holding. Robeco Schweiz AG’s holdings in American Water Works were worth $94,125,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. QRG Capital Management Inc. raised its stake in shares of American Water Works by 12.1% in the 4th quarter. QRG Capital Management Inc. now owns 5,949 shares of the utilities provider’s stock worth $785,000 after buying an additional 643 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in American Water Works by 2.0% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,114 shares of the utilities provider’s stock valued at $807,000 after acquiring an additional 118 shares during the last quarter. Checchi Capital Advisers LLC lifted its holdings in American Water Works by 12.1% in the 4th quarter. Checchi Capital Advisers LLC now owns 2,082 shares of the utilities provider’s stock valued at $275,000 after acquiring an additional 224 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of American Water Works by 7.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 192,972 shares of the utilities provider’s stock valued at $25,764,000 after purchasing an additional 13,797 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its stake in shares of American Water Works by 20.3% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 18,552 shares of the utilities provider’s stock worth $2,449,000 after purchasing an additional 3,128 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Price Performance

NYSE AWK opened at $147.16 on Friday. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 1.24. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $149.00. The company has a market cap of $28.67 billion, a PE ratio of 29.85, a PEG ratio of 3.42 and a beta of 0.69. The stock’s 50-day moving average price is $141.39 and its two-hundred day moving average price is $130.44.

American Water Works (NYSE:AWK) last released its earnings results on Wednesday, July 31st. The utilities provider reported $1.42 earnings per share for the quarter, missing the consensus estimate of $1.47 by ($0.05). The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.10 billion. American Water Works had a return on equity of 9.60% and a net margin of 21.93%. The business’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the business earned $1.44 earnings per share. On average, analysts predict that American Water Works Company, Inc. will post 5.26 EPS for the current year.

American Water Works Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.08%. American Water Works’s payout ratio is currently 62.07%.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company cut shares of American Water Works from an “equal weight” rating to an “underweight” rating and raised their target price for the stock from $127.00 to $138.00 in a report on Wednesday, July 31st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $141.17.

Insider Transactions at American Water Works

In related news, Director Martha Clark Goss sold 710 shares of the firm’s 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 transaction, the director now owns 36,880 shares of the company’s stock, valued at $5,268,308. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.08% of the stock is currently owned by insiders.

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.