Greenleaf Trust Lowers Position in American Water Works Company, Inc. (NYSE:AWK)

Greenleaf Trust decreased its holdings in American Water Works Company, Inc. (NYSE:AWKFree Report) by 1.8% in the 3rd quarter, Holdings Channel reports. The firm owned 23,792 shares of the utilities provider’s stock after selling 436 shares during the period. Greenleaf Trust’s holdings in American Water Works were worth $2,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of AWK. Dimensional Fund Advisors LP raised its position in American Water Works by 5.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 623,854 shares of the utilities provider’s stock worth $103,268,000 after buying an additional 30,316 shares during the last quarter. Aviva PLC increased its holdings in shares of American Water Works by 33.1% in the 1st quarter. Aviva PLC now owns 78,509 shares of the utilities provider’s stock valued at $12,996,000 after purchasing an additional 19,512 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in American Water Works by 53.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 2,079 shares of the utilities provider’s stock valued at $344,000 after acquiring an additional 721 shares during the last quarter. Vanguard Group Inc. grew its stake in American Water Works by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 21,960,717 shares of the utilities provider’s stock valued at $3,635,157,000 after acquiring an additional 434,737 shares during the last quarter. Finally, Brown Brothers Harriman & Co. grew its stake in American Water Works by 21.9% in the 1st quarter. Brown Brothers Harriman & Co. now owns 2,186 shares of the utilities provider’s stock valued at $362,000 after acquiring an additional 392 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Mizuho raised their price target on shares of American Water Works from $134.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, November 7th.

View Our Latest Stock Report on AWK

American Water Works Stock Performance

Shares of American Water Works stock opened at $122.20 on Monday. The firm has a market cap of $23.79 billion, a PE ratio of 25.35, a price-to-earnings-growth ratio of 3.05 and a beta of 0.65. The firm’s 50-day simple moving average is $129.31 and its 200-day simple moving average is $130.54. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.97 and a current ratio of 1.03. American Water Works Company, Inc. has a 1 year low of $114.25 and a 1 year high of $153.43.

American Water Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Thursday, February 8th will be paid a dividend of $0.7075 per share. The ex-dividend date of this dividend is Wednesday, February 7th. This represents a $2.83 annualized dividend and a yield of 2.32%. American Water Works’s dividend payout ratio (DPR) is 58.71%.

American Water Works Profile

(Free Report)

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 1,600 communities in 14 states serving approximately 3.4 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.

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Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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