Shares of American Water Works (NYSE:AWK) have been given a consensus recommendation of “Hold” by the twelve analysts that are presently covering the company, Marketbeat.com reports. Nine equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $88.43.

Several research analysts recently issued reports on AWK shares. Zacks Investment Research upgraded shares of American Water Works from a “sell” rating to a “hold” rating in a research note on Tuesday, October 10th. Janney Montgomery Scott downgraded shares of American Water Works from a “buy” rating to a “neutral” rating in a research report on Friday, November 3rd. They noted that the move was a valuation call. Boenning Scattergood reissued a “hold” rating on shares of American Water Works in a research report on Thursday, November 2nd. Wells Fargo & Company set a $89.00 price objective on shares of American Water Works and gave the company a “hold” rating in a research report on Thursday, October 19th. Finally, Bank of America began coverage on shares of American Water Works in a research report on Tuesday, October 24th. They set a “buy” rating and a $95.00 price objective on the stock.

Shares of American Water Works (NYSE AWK) traded up $0.34 during trading on Friday, hitting $89.34. 678,190 shares of the company traded hands, compared to its average volume of 856,077. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.47 and a current ratio of 0.49. The company has a market cap of $15,960.00, a price-to-earnings ratio of 31.20, a price-to-earnings-growth ratio of 4.03 and a beta of 0.27. American Water Works has a 52 week low of $69.96 and a 52 week high of $92.37.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, November 1st. The utilities provider reported $1.08 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.08. The company had revenue of $936.00 million during the quarter, compared to analyst estimates of $992.58 million. American Water Works had a net margin of 15.82% and a return on equity of 9.69%. American Water Works’s quarterly revenue was up .6% compared to the same quarter last year. During the same period last year, the business earned $1.05 EPS. equities analysts anticipate that American Water Works will post 3.01 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Wednesday, February 7th will be given a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend is Tuesday, February 6th. American Water Works’s dividend payout ratio (DPR) is 56.27%.

In other news, COO Walter Lynch sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $89.95, for a total transaction of $449,750.00. Following the sale, the chief operating officer now owns 97,667 shares of the company’s stock, valued at approximately $8,785,146.65. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Deborah A. Degillio sold 822 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $89.75, for a total transaction of $73,774.50. Following the sale, the insider now directly owns 3,659 shares in the company, valued at approximately $328,395.25. The disclosure for this sale can be found here. Insiders have sold a total of 6,856 shares of company stock worth $616,700 over the last three months. 0.34% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Whittier Trust Co. boosted its holdings in shares of American Water Works by 1.7% during the 3rd quarter. Whittier Trust Co. now owns 213,681 shares of the utilities provider’s stock valued at $17,287,000 after acquiring an additional 3,607 shares during the last quarter. Swiss National Bank boosted its holdings in shares of American Water Works by 3.1% during the 2nd quarter. Swiss National Bank now owns 701,922 shares of the utilities provider’s stock valued at $54,715,000 after acquiring an additional 21,000 shares during the last quarter. Forsta AP Fonden boosted its holdings in shares of American Water Works by 17.5% during the 3rd quarter. Forsta AP Fonden now owns 168,800 shares of the utilities provider’s stock valued at $13,658,000 after acquiring an additional 25,100 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of American Water Works by 8.5% during the 3rd quarter. Wells Fargo & Company MN now owns 2,748,900 shares of the utilities provider’s stock valued at $222,414,000 after acquiring an additional 216,451 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of American Water Works by 9.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,103,953 shares of the utilities provider’s stock valued at $85,920,000 after acquiring an additional 95,303 shares during the last quarter. 80.79% of the stock is currently owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for American Water Works (NYSE:AWK)

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