Investors bought shares of American Water Works (NYSE:AWK) on weakness during trading on Thursday. $24.27 million flowed into the stock on the tick-up and $16.92 million flowed out of the stock on the tick-down, for a money net flow of $7.35 million into the stock. Of all stocks tracked, American Water Works had the 25th highest net in-flow for the day. American Water Works traded down ($0.28) for the day and closed at $77.83

AWK has been the subject of a number of recent analyst reports. Boenning Scattergood downgraded shares of American Water Works from an “outperform” rating to a “neutral” rating in a research report on Monday, June 6th. US Capital Advisors reissued a “hold” rating on shares of American Water Works in a research report on Tuesday, April 19th. Vetr raised shares of American Water Works from a “buy” rating to a “strong-buy” rating and set a $90.33 target price for the company in a research report on Thursday, August 4th. Argus initiated coverage on shares of American Water Works in a research report on Friday, June 24th. They set a “buy” rating and a $88.00 target price for the company. Finally, Bank of America Corp. reissued a “buy” rating on shares of American Water Works in a research report on Tuesday, May 24th. Eight analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. American Water Works has a consensus rating of “Hold” and a consensus price target of $78.04.

The company’s 50 day moving average price is $81.50 and its 200 day moving average price is $73.31. The firm has a market cap of $13.83 billion and a P/E ratio of 28.36.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.04. During the same period last year, the business earned $0.68 earnings per share. The business had revenue of $827 million for the quarter, compared to analysts’ expectations of $832.47 million. The company’s revenue was up 5.8% on a year-over-year basis. On average, equities analysts predict that American Water Works will post $2.83 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Monday, August 8th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Thursday, August 4th. This represents a $1.50 annualized dividend and a yield of 1.93%.

In other American Water Works news, COO Walter Lynch sold 10,000 shares of American Water Works stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $75.20, for a total value of $752,000.00. Following the completion of the transaction, the chief operating officer now directly owns 94,764 shares of the company’s stock, valued at $7,126,252.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Deborah A. Degillio sold 1,866 shares of American Water Works stock in a transaction dated Tuesday, May 17th. The stock was sold at an average price of $74.30, for a total transaction of $138,643.80. Following the completion of the transaction, the vice president now directly owns 3,145 shares of the company’s stock, valued at $233,673.50. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently modified their holdings of the company. Victory Capital Management Inc. boosted its position in shares of American Water Works by 2.4% in the fourth quarter. Victory Capital Management Inc. now owns 18,267 shares of the company’s stock valued at $1,091,000 after buying an additional 422 shares during the period. Mitsubishi UFJ Kokusai Asset Management CO. LTD. boosted its position in shares of American Water Works by 9.4% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 23,147 shares of the company’s stock valued at $1,383,000 after buying an additional 1,980 shares during the period. Utah Retirement Systems boosted its position in shares of American Water Works by 0.6% in the fourth quarter. Utah Retirement Systems now owns 32,295 shares of the company’s stock valued at $1,929,000 after buying an additional 200 shares during the period. Calvert Investment Management Inc. boosted its position in shares of American Water Works by 57.9% in the fourth quarter. Calvert Investment Management Inc. now owns 38,222 shares of the company’s stock valued at $2,284,000 after buying an additional 14,014 shares during the period. Finally, Venturi Wealth Management LLC purchased a new position in shares of American Water Works during the fourth quarter valued at about $2,335,000.

American Water Works Company, Inc is a holding company. The Company is a water and wastewater utility company. The Company operates through two segments: the Regulated Businesses and the Market-Based Businesses. Its Regulated Businesses segment involves the ownership of subsidiaries that provide water and wastewater utility services to residential, commercial, industrial and other customers, including sale for resale and public authority customers.

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