Shares of American Water Works (NYSE:AWK) hit a new 52-week high on Thursday . The stock traded as high as $89.36 and last traded at $0.00, with a volume of shares changing hands.

Several analysts recently weighed in on AWK shares. Wells Fargo & Company set a $89.00 target price on American Water Works and gave the company a “hold” rating in a research note on Thursday, October 19th. BidaskClub downgraded American Water Works from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. Zacks Investment Research upgraded American Water Works from a “sell” rating to a “hold” rating in a research note on Tuesday, October 10th. Robert W. Baird increased their target price on American Water Works from $82.00 to $87.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Janney Montgomery Scott downgraded American Water Works from a “buy” rating to a “neutral” rating in a research note on Friday. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $85.63.

The company has a quick ratio of 0.29, a current ratio of 0.49 and a debt-to-equity ratio of 1.21. The firm has a market capitalization of $15,832.57, a PE ratio of 30.61, a P/E/G ratio of 3.89 and a beta of 0.25.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, November 1st. The utilities provider reported $1.08 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.08. American Water Works had a return on equity of 9.69% and a net margin of 15.82%. The company had revenue of $936.00 million during the quarter, compared to the consensus estimate of $992.58 million. During the same quarter last year, the company earned $1.05 EPS. The company’s quarterly revenue was up .6% on a year-over-year basis. analysts predict that American Water Works will post 3.01 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Friday, November 10th will be given a $0.415 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 1.87%. American Water Works’s dividend payout ratio is currently 56.27%.

In related news, COO Walter Lynch sold 3,335 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The stock was sold at an average price of $82.05, for a total transaction of $273,636.75. Following the completion of the transaction, the chief operating officer now owns 94,702 shares in the company, valued at approximately $7,770,299.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.34% of the stock is owned by company insiders.

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in shares of American Water Works by 2.6% during the 2nd quarter. Vanguard Group Inc. now owns 18,185,767 shares of the utilities provider’s stock worth $1,417,580,000 after buying an additional 465,748 shares during the period. Pictet Asset Management Ltd. lifted its position in shares of American Water Works by 3.2% during the 2nd quarter. Pictet Asset Management Ltd. now owns 4,004,935 shares of the utilities provider’s stock worth $313,105,000 after buying an additional 125,587 shares during the period. Franklin Resources Inc. lifted its position in shares of American Water Works by 0.5% during the 2nd quarter. Franklin Resources Inc. now owns 2,680,122 shares of the utilities provider’s stock worth $208,915,000 after buying an additional 12,280 shares during the period. Wells Fargo & Company MN lifted its position in shares of American Water Works by 11.0% during the 2nd quarter. Wells Fargo & Company MN now owns 2,532,449 shares of the utilities provider’s stock worth $197,405,000 after buying an additional 251,271 shares during the period. Finally, Bessemer Group Inc. lifted its position in shares of American Water Works by 0.6% during the 3rd quarter. Bessemer Group Inc. now owns 1,946,771 shares of the utilities provider’s stock worth $157,514,000 after buying an additional 11,197 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

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American Water Works Company Profile

American Water Works Company, Inc is a holding company for regulated and market-based subsidiaries throughout the United States and Ontario, Canada. The Company’s Regulated Businesses segment provides water and wastewater services as public utilities in 16 states in the United States as of December 31, 2016.

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