American Water Works (NYSE:AWK) SVP Loyd A. Warnock sold 193 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $90.47, for a total transaction of $17,460.71. Following the transaction, the senior vice president now directly owns 6,862 shares in the company, valued at $620,805.14. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of American Water Works (NYSE AWK) traded down $0.67 during midday trading on Friday, hitting $89.02. 2,041,455 shares of the company traded hands, compared to its average volume of 933,108. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.49 and a quick ratio of 0.47. American Water Works has a 12-month low of $69.96 and a 12-month high of $91.39. The firm has a market capitalization of $15,878.98, a PE ratio of 30.70, a price-to-earnings-growth ratio of 3.90 and a beta of 0.25.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, November 1st. The utilities provider reported $1.08 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.08. American Water Works had a net margin of 15.82% and a return on equity of 9.69%. The firm had revenue of $936.00 million during the quarter, compared to analysts’ expectations of $992.58 million. During the same quarter last year, the business earned $1.05 earnings per share. The business’s revenue for the quarter was up .6% compared to the same quarter last year. research analysts forecast that American Water Works will post 3.01 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 10th will be paid a $0.415 dividend. This represents a $1.66 annualized dividend and a dividend yield of 1.86%. The ex-dividend date is Thursday, November 9th. American Water Works’s dividend payout ratio (DPR) is 56.27%.

WARNING: “Insider Selling: American Water Works (AWK) SVP Sells $17,460.71 in Stock” was first published by Daily Political and is the property of of Daily Political. If you are accessing this report on another website, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The correct version of this report can be accessed at https://www.dailypolitical.com/2017/11/19/insider-selling-american-water-works-awk-svp-sells-17460-71-in-stock.html.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of American Water Works by 2.6% in the second quarter. Vanguard Group Inc. now owns 18,185,767 shares of the utilities provider’s stock valued at $1,417,580,000 after purchasing an additional 465,748 shares during the period. Pictet Asset Management Ltd. lifted its stake in shares of American Water Works by 3.2% in the second quarter. Pictet Asset Management Ltd. now owns 4,004,935 shares of the utilities provider’s stock valued at $313,105,000 after purchasing an additional 125,587 shares during the period. Wells Fargo & Company MN lifted its stake in shares of American Water Works by 8.5% in the third quarter. Wells Fargo & Company MN now owns 2,748,900 shares of the utilities provider’s stock valued at $222,414,000 after purchasing an additional 216,451 shares during the period. Franklin Resources Inc. lifted its stake in shares of American Water Works by 0.5% in the second quarter. Franklin Resources Inc. now owns 2,680,122 shares of the utilities provider’s stock valued at $208,915,000 after purchasing an additional 12,280 shares during the period. Finally, Bessemer Group Inc. lifted its stake in shares of American Water Works by 0.6% in the third quarter. Bessemer Group Inc. now owns 1,946,771 shares of the utilities provider’s stock valued at $157,514,000 after purchasing an additional 11,197 shares during the period. Hedge funds and other institutional investors own 79.60% of the company’s stock.

Several brokerages have recently weighed in on AWK. Janney Montgomery Scott downgraded shares of American Water Works from a “buy” rating to a “neutral” rating in a report on Friday, November 3rd. They noted that the move was a valuation call. Robert W. Baird lifted their target price on shares of American Water Works from $82.00 to $87.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. Boenning Scattergood reaffirmed a “hold” rating on shares of American Water Works in a report on Thursday, November 2nd. Bank of America Corporation began coverage on shares of American Water Works in a report on Tuesday, October 24th. They issued a “buy” rating and a $95.00 target price on the stock. Finally, Zacks Investment Research downgraded shares of American Water Works from a “hold” rating to a “sell” rating in a report on Friday, October 20th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company’s stock. American Water Works presently has an average rating of “Hold” and a consensus target price of $85.63.

About American Water Works

American Water Works Company, Inc is a holding company for regulated and market-based subsidiaries throughout the United States and Ontario, Canada. The Company’s Regulated Businesses segment provides water and wastewater services as public utilities in 16 states in the United States as of December 31, 2016.

Insider Buying and Selling by Quarter for American Water Works (NYSE:AWK)

Receive News & Ratings for American Water Works Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Water Works and related companies with MarketBeat.com's FREE daily email newsletter.