Everett Harris & Co. CA Has $38.33 Million Stock Holdings in American Water Works Company, Inc. (NYSE:AWK)

Everett Harris & Co. CA grew its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 1.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 307,921 shares of the utilities provider’s stock after purchasing an additional 3,800 shares during the quarter. American Water Works comprises about 0.5% of Everett Harris & Co. CA’s portfolio, making the stock its 29th biggest holding. Everett Harris & Co. CA owned about 0.16% of American Water Works worth $38,333,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Crews Bank & Trust bought a new stake in American Water Works in the 4th quarter valued at $26,000. Catalyst Capital Advisors LLC boosted its holdings in shares of American Water Works by 155.6% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 299 shares of the utilities provider’s stock worth $44,000 after buying an additional 182 shares during the period. Rosenberg Matthew Hamilton grew its stake in American Water Works by 29.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider’s stock valued at $50,000 after buying an additional 90 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in American Water Works in the 3rd quarter valued at about $51,000. Finally, Assetmark Inc. grew its position in shares of American Water Works by 31.7% in the third quarter. Assetmark Inc. now owns 370 shares of the utilities provider’s stock valued at $54,000 after purchasing an additional 89 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Wells Fargo & Company upgraded American Water Works from an “underweight” rating to an “equal weight” rating and lowered their price objective for the stock from $133.00 to $129.00 in a research report on Tuesday, January 7th. JPMorgan Chase & Co. cut their price objective on shares of American Water Works from $147.00 to $128.00 and set a “neutral” rating for the company in a report on Tuesday. UBS Group upgraded shares of American Water Works from a “neutral” rating to a “buy” rating and lifted their price target for the company from $151.00 to $155.00 in a research report on Tuesday, November 19th. Jefferies Financial Group began coverage on American Water Works in a research report on Monday, October 7th. They set an “underperform” rating and a $124.00 price target on the stock. Finally, Mizuho downgraded American Water Works from an “outperform” rating to a “neutral” rating and upped their target price for the company from $131.00 to $140.00 in a research report on Tuesday, October 15th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $139.38.

American Water Works Stock Up 0.8 %

Shares of AWK opened at $124.62 on Friday. The stock has a market capitalization of $24.29 billion, a price-to-earnings ratio of 24.68, a PEG ratio of 2.63 and a beta of 0.71. American Water Works Company, Inc. has a 52 week low of $113.34 and a 52 week high of $150.68. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.53 and a current ratio of 0.58. The stock has a fifty day moving average of $127.54 and a 200-day moving average of $136.54.

American Water Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Investors of record on Friday, February 7th will be issued a $0.765 dividend. The ex-dividend date is Friday, February 7th. This represents a $3.06 dividend on an annualized basis and a yield of 2.46%. American Water Works’s dividend payout ratio (DPR) is presently 60.59%.

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.