WINTON GROUP Ltd lifted its stake in shares of American Water Works (NYSE:AWK) by 11.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 49,741 shares of the utilities provider’s stock after acquiring an additional 4,928 shares during the quarter. WINTON GROUP Ltd’s holdings in American Water Works were worth $4,025,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of American Water Works by 2.6% during the second quarter. Vanguard Group Inc. now owns 18,185,767 shares of the utilities provider’s stock worth $1,417,580,000 after purchasing an additional 465,748 shares in the last quarter. Pictet Asset Management Ltd. grew its stake in shares of American Water Works by 3.2% during the second quarter. Pictet Asset Management Ltd. now owns 4,004,935 shares of the utilities provider’s stock worth $313,105,000 after purchasing an additional 125,587 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of American Water Works by 8.5% during the third quarter. Wells Fargo & Company MN now owns 2,748,900 shares of the utilities provider’s stock worth $222,414,000 after purchasing an additional 216,451 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of American Water Works by 0.5% during the second quarter. Franklin Resources Inc. now owns 2,680,122 shares of the utilities provider’s stock worth $208,915,000 after purchasing an additional 12,280 shares in the last quarter. Finally, Bessemer Group Inc. grew its stake in shares of American Water Works by 0.6% during the third quarter. Bessemer Group Inc. now owns 1,946,771 shares of the utilities provider’s stock worth $157,514,000 after purchasing an additional 11,197 shares in the last quarter. 80.99% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts recently commented on the stock. Janney Montgomery Scott downgraded shares of American Water Works from a “buy” rating to a “neutral” rating in a research note on Friday, November 3rd. They noted that the move was a valuation call. Robert W. Baird upped their price objective on shares of American Water Works from $82.00 to $87.00 and gave the company a “neutral” rating in a research note on Friday, November 3rd. Boenning Scattergood restated a “hold” rating on shares of American Water Works in a research note on Thursday, November 2nd. Bank of America initiated coverage on shares of American Water Works in a research note on Tuesday, October 24th. They issued a “buy” rating and a $95.00 price objective for the company. Finally, Zacks Investment Research downgraded shares of American Water Works from a “hold” rating to a “sell” rating in a research note on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $85.63.

In other news, COO Walter Lynch sold 5,000 shares of the stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $89.95, for a total transaction of $449,750.00. Following the completion of the sale, the chief operating officer now owns 97,667 shares in the company, valued at $8,785,146.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Deborah A. Degillio sold 822 shares of the stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $89.75, for a total transaction of $73,774.50. Following the sale, the insider now owns 3,659 shares of the company’s stock, valued at approximately $328,395.25. The disclosure for this sale can be found here. Insiders have sold 6,856 shares of company stock valued at $616,700 in the last quarter. Insiders own 0.34% of the company’s stock.

American Water Works (NYSE:AWK) traded up $1.21 during midday trading on Friday, reaching $91.56. 899,800 shares of the company’s stock traded hands, compared to its average volume of 852,314. The company has a quick ratio of 0.47, a current ratio of 0.49 and a debt-to-equity ratio of 1.21. American Water Works has a one year low of $69.96 and a one year high of $91.78. The firm has a market capitalization of $15,977.08, a P/E ratio of 30.89, a PEG ratio of 3.93 and a beta of 0.25.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 10th will be paid a dividend of $0.415 per share. The ex-dividend date is Thursday, November 9th. This represents a $1.66 annualized dividend and a dividend yield of 1.81%. American Water Works’s dividend payout ratio (DPR) is 56.27%.

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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.

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

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