Mn Services Vermogensbeheer B.V. Grows Stake in American Water Works Company, Inc. (NYSE:AWK)

Mn Services Vermogensbeheer B.V. grew its holdings in American Water Works Company, Inc. (NYSE:AWK) by 1.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 75,933 shares of the utilities provider’s stock after acquiring an additional 1,300 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in American Water Works were worth $9,453,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in AWK. Crews Bank & Trust bought a new position in shares of American Water Works in the 4th quarter worth approximately $26,000. Whipplewood Advisors LLC bought a new position in shares of American Water Works in the 4th quarter worth approximately $28,000. Catalyst Capital Advisors LLC raised its position in shares of American Water Works by 155.6% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 299 shares of the utilities provider’s stock worth $44,000 after acquiring an additional 182 shares in the last quarter. Stonebridge Financial Group LLC bought a new position in shares of American Water Works in the 4th quarter worth approximately $48,000. Finally, Rosenberg Matthew Hamilton raised its position 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 acquiring an additional 90 shares in the last quarter. Institutional investors own 86.58% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their target price 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. Wells Fargo & Company raised their price objective on American Water Works from $129.00 to $133.00 and gave the company an “equal weight” rating in a research report on Thursday, February 20th. Finally, UBS Group raised American Water Works from a “neutral” rating to a “buy” rating and raised their price objective for the company from $151.00 to $155.00 in a research report on Tuesday, November 19th. Three analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, American Water Works has an average rating of “Hold” and a consensus target price of $140.57.

American Water Works Stock Performance

AWK stock opened at $136.21 on Friday. The company has a market cap of $26.55 billion, a P/E ratio of 25.27, a price-to-earnings-growth ratio of 2.80 and a beta of 0.72. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $150.68. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.39 and a quick ratio of 0.35. The stock’s fifty day moving average price is $125.81 and its 200-day moving average price is $134.47.

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

American Water Works Dividend Announcement

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