GAMMA Investing LLC Has $371,000 Stock Holdings in American Water Works Company, Inc. (NYSE:AWK)

GAMMA Investing LLC increased its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 14.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,982 shares of the utilities provider’s stock after buying an additional 371 shares during the quarter. GAMMA Investing LLC’s holdings in American Water Works were worth $371,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of AWK. Wulff Hansen & CO. increased its holdings in shares of American Water Works by 12,816.0% in the 2nd quarter. Wulff Hansen & CO. now owns 1,464,674 shares of the utilities provider’s stock valued at $189,177,000 after purchasing an additional 1,453,334 shares during the period. Victory Capital Management Inc. grew its position in American Water Works by 1,131.1% during the third quarter. Victory Capital Management Inc. now owns 1,438,137 shares of the utilities provider’s stock valued at $210,313,000 after purchasing an additional 1,321,320 shares in the last quarter. Groupama Asset Managment grew its position in American Water Works by 4,227.0% during the third quarter. Groupama Asset Managment now owns 711,927 shares of the utilities provider’s stock valued at $104,000 after purchasing an additional 695,474 shares in the last quarter. International Assets Investment Management LLC increased its stake in American Water Works by 14,944.4% in the 3rd quarter. International Assets Investment Management LLC now owns 537,987 shares of the utilities provider’s stock valued at $786,750,000 after buying an additional 534,411 shares during the period. Finally, Confluence Investment Management LLC lifted its position in American Water Works by 268.0% in the 4th quarter. Confluence Investment Management LLC now owns 537,138 shares of the utilities provider’s stock worth $66,868,000 after buying an additional 391,166 shares in the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Wolfe Research upgraded shares of American Water Works to a “hold” rating in a report on Wednesday, September 18th. Bank of America restated an “underperform” rating and issued a $140.00 target price on shares of American Water Works in a research note on Friday, September 20th. Jefferies Financial Group assumed coverage on American Water Works in a report on Monday, October 7th. They set an “underperform” rating and a $124.00 price target for the company. UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $151.00 to $155.00 in a report on Tuesday, November 19th. Finally, Mizuho cut shares of American Water Works from an “outperform” rating to a “neutral” rating and lifted their target price for the company from $131.00 to $140.00 in a research note on Tuesday, October 15th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, American Water Works has an average rating of “Hold” and a consensus target price of $142.29.

American Water Works Trading Down 1.6 %

Shares of AWK stock opened at $121.82 on Tuesday. American Water Works Company, Inc. has a 12 month low of $113.34 and a 12 month high of $150.68. The company has a market cap of $23.74 billion, a PE ratio of 24.12, a price-to-earnings-growth ratio of 3.03 and a beta of 0.71. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 1.21. The business’s 50 day moving average is $131.69 and its two-hundred day moving average is $137.48.

American Water Works Dividend Announcement

The company also recently announced 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 annualized dividend and a yield of 2.51%. 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.