Fort Washington Investment Advisors Inc. OH Has $4.95 Million Stock Position in American Water Works Company, Inc. (NYSE:AWK)

Fort Washington Investment Advisors Inc. OH cut its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 39,788 shares of the utilities provider’s stock after selling 1,850 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in American Water Works were worth $4,953,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Catalyst Capital Advisors LLC increased its stake in 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 purchasing an additional 182 shares in the last quarter. Rosenberg Matthew Hamilton increased its position in shares of American Water Works by 29.0% during the fourth 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. Ashton Thomas Securities LLC acquired a new stake in shares of American Water Works during the third quarter worth $51,000. Assetmark Inc. boosted its stake in American Water Works by 31.7% in the 3rd quarter. Assetmark Inc. now owns 370 shares of the utilities provider’s stock worth $54,000 after purchasing an additional 89 shares during the period. Finally, Raleigh Capital Management Inc. increased its holdings in American Water Works by 446.2% during the 3rd quarter. Raleigh Capital Management Inc. now owns 426 shares of the utilities provider’s stock worth $62,000 after purchasing an additional 348 shares in the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on AWK shares. Jefferies Financial Group initiated coverage on American Water Works in a report on Monday, October 7th. They issued an “underperform” rating and a $124.00 price target on the stock. Wells Fargo & Company raised American Water Works from an “underweight” rating to an “equal weight” rating and reduced their price target for the stock from $133.00 to $129.00 in a research report on Tuesday, January 7th. Mizuho downgraded shares of American Water Works from an “outperform” rating to a “neutral” rating and lifted their price objective for the company from $131.00 to $140.00 in a report on Tuesday, October 15th. Finally, UBS Group upgraded shares of American Water Works from a “neutral” rating to a “buy” rating and increased their target price for the stock from $151.00 to $155.00 in a report on Tuesday, November 19th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, American Water Works presently has a consensus rating of “Hold” and an average price target of $141.00.

American Water Works Stock Performance

NYSE AWK opened at $121.67 on Thursday. American Water Works Company, Inc. has a 52-week low of $113.34 and a 52-week high of $150.68. The stock has a market cap of $23.71 billion, a PE ratio of 24.09, a P/E/G ratio of 2.73 and a beta of 0.71. The firm has a 50-day moving average of $129.15 and a 200-day moving average of $137.05. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.53 and a current ratio of 0.58.

American Water Works Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 7th will be issued a dividend of $0.765 per share. This represents a $3.06 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend is Friday, February 7th. American Water Works’s dividend payout ratio is presently 60.59%.

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.