American Water Works Company, Inc. (NYSE:AWK) Shares Sold by Valley Brook Capital Group Inc.

Valley Brook Capital Group Inc. decreased its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 11.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,550 shares of the utilities provider’s stock after selling 200 shares during the quarter. Valley Brook Capital Group Inc.’s holdings in American Water Works were worth $227,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norden Group LLC boosted its position in shares of American Water Works by 67.4% during the 1st quarter. Norden Group LLC now owns 2,932 shares of the utilities provider’s stock valued at $358,000 after acquiring an additional 1,180 shares during the last quarter. Central Pacific Bank Trust Division acquired a new position in American Water Works in the 1st quarter valued at about $41,000. Larson Financial Group LLC grew its stake in shares of American Water Works by 61.9% in the 1st quarter. Larson Financial Group LLC now owns 510 shares of the utilities provider’s stock valued at $62,000 after buying an additional 195 shares during the period. Duality Advisers LP increased its holdings in shares of American Water Works by 202.2% during the 1st quarter. Duality Advisers LP now owns 46,633 shares of the utilities provider’s stock worth $5,699,000 after buying an additional 31,203 shares during the last quarter. Finally, Empirical Finance LLC raised its position in shares of American Water Works by 3.6% during the 1st quarter. Empirical Finance LLC now owns 6,748 shares of the utilities provider’s stock valued at $825,000 after buying an additional 237 shares during the period. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Stock Up 0.5 %

Shares of NYSE AWK traded up $0.67 during midday trading on Thursday, hitting $134.25. The company’s stock had a trading volume of 84,520 shares, compared to its average volume of 1,194,476. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.58 and a quick ratio of 0.53. The firm has a market capitalization of $26.16 billion, a price-to-earnings ratio of 26.46, a price-to-earnings-growth ratio of 3.27 and a beta of 0.70. The business’s fifty day simple moving average is $142.39 and its two-hundred day simple moving average is $136.79. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $150.68.

American Water Works Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd. Shareholders of record on Tuesday, November 12th will be paid a $0.765 dividend. The ex-dividend date is Tuesday, November 12th. This represents a $3.06 annualized dividend and a dividend yield of 2.28%. American Water Works’s dividend payout ratio (DPR) is 60.59%.

Analyst Upgrades and Downgrades

AWK has been the subject of several recent analyst reports. Jefferies Financial Group began coverage on American Water Works in a research note on Monday, October 7th. They set an “underperform” rating and a $124.00 target price for the company. Wells Fargo & Company downgraded American Water Works from an “equal weight” rating to an “underweight” rating and raised their price objective for the stock from $127.00 to $138.00 in a research report on Wednesday, July 31st. Wolfe Research raised shares of American Water Works to a “hold” rating in a research report on Wednesday, September 18th. Royal Bank of Canada reissued an “outperform” rating and issued a $164.00 price target on shares of American Water Works in a research note on Thursday, September 19th. Finally, Mizuho cut shares of American Water Works from an “outperform” rating to a “neutral” rating and increased their price objective for the stock from $131.00 to $140.00 in a research report on Tuesday, October 15th. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, American Water Works has an average rating of “Hold” and a consensus price target of $140.00.

Insider Transactions at American Water Works

In related news, Director Martha Clark Goss sold 710 shares of American Water Works stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $142.85, for a total value 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 SEC, which is accessible through this hyperlink. Corporate insiders own 0.08% of the company’s stock.

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.