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HomePet NewsExotic Pet NewsTortoise Index Solutions LLC Sells 1,183 Shares of American Water Works Company,...

Tortoise Index Solutions LLC Sells 1,183 Shares of American Water Works Company, Inc. (NYSE:AWK)

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Tortoise Index Solutions LLC reduced its stake in shares of American Water Works Company, Inc. (NYSE:AWK – Get Rating) by 4.0% throughout the 4th quarter, according to the business in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,449 shares of the energies service provider’s stock after offering 1,183 shares throughout the duration. Tortoise Index Solutions LLC’s holdings in American Water Works deserved $4,336,000 at the end of the most recent reporting duration.

A variety of other hedge funds have actually likewise just recently contributed to or minimized their stakes in the stock. Richard W. Paul & Associates LLC obtained a brand-new stake in shares of American Water Works in the fourth quarter valued at $31,000. EverSource Wealth Advisors LLC enhanced its holdings in shares of American Water Works by 296.6% throughout the fourth quarter. EverSource Wealth Advisors LLC now owns 234 shares of the energies service provider’s stock valued at $36,000 after obtaining an extra 175 shares in the last quarter. Capital Advisors Ltd. LLC enhanced its holdings in shares of American Water Works by 133.0% throughout the fourth quarter. Capital Advisors Ltd. LLC now owns 487 shares of the energies service provider’s stock valued at $38,000 after obtaining an extra 278 shares in the last quarter. Ameliora Wealth Management Ltd. obtained a brand-new stake in shares of American Water Works throughout the fourth quarter valued at $45,000. Finally, HBC Financial Services PLLC obtained a brand-new stake in shares of American Water Works throughout the second quarter valued at $46,000. Institutional financiers own 83.06% of the business’s stock.

Insider Buying and Selling at American Water Works

In associated news, Director Michael Marberry acquired 1,400 shares of the business’s stock in a deal on Thursday, May 18th. The stock was obtained at a typical rate of $142.35 per share, for an overall deal of $199,290.00. Following the purchase, the director now owns 3,673 shares of the business’s stock, valued at $522,851.55. The deal was revealed in a filing with the SEC, which is available at this link. Company experts own 0.08% of the business’s stock.

Wall Street Analysts Forecast Growth

Several equities research study experts just recently weighed in on AWK shares. Bank of America raised their rate goal on American Water Works from $134.00 to $140.00 in a report on Monday, April 24th. Royal Bank of Canada declared an “outperform” ranking and set a $180.00 target rate on shares of American Water Works in a report on Tuesday, March 7th. StockNews.com started protection on American Water Works in a report on Thursday, May 18th. They set a “hold” ranking on the stock. Finally, TheStreet reduced American Water Works from a “b” ranking to a “c+” ranking in a report on Wednesday, February 15th. Six research study experts have actually ranked the stock with a hold ranking and 2 have actually offered a buy ranking to the business’s stock. According to MarketBeat.com, the business currently has an agreement ranking of “Hold” and a typical target rate of $156.00.

American Water Works Stock Up 1.5 %

American Water Works stock traded up $2.16 throughout midday trading on Friday, reaching $145.73. The stock had a trading volume of 409,593 shares, compared to its typical volume of 1,062,183. American Water Works Company, Inc. has a 12 month low of $122.77 and a 12 month high of $162.59. The business has a market capitalization of $28.36 billion, a P/E ratio of 31.55, a PEG ratio of 3.68 and a beta of 0.58. The business has a fifty day moving typical rate of $147.03 and a two-hundred day moving typical rate of $148.97. The business has a present ratio of 0.71, a fast ratio of 0.65 and a debt-to-equity ratio of 1.10.

American Water Works (NYSE:AWK – Get Rating) last released its revenues outcomes on Thursday, April 27th. The energies service provider reported $0.91 EPS for the quarter, missing out on experts’ agreement quotes of $0.92 by ($0.01). American Water Works had a net margin of 21.40% and a return on equity of 10.22%. The company had earnings of $938.00 million throughout the quarter, compared to the agreement price quote of $903.84 million. During the very same duration in the previous year, the company made $0.87 revenues per share. The business’s quarterly earnings was up 11.4% on a year-over-year basis. As a group, equities experts anticipate that American Water Works Company, Inc. will publish 4.77 EPS for the present .

American Water Works Increases Dividend

The business likewise just recently stated a quarterly dividend, which was paid on Thursday, June 1st. Shareholders of record on Tuesday, May 9th were paid a dividend of $0.7075 per share. The ex-dividend date of this dividend was Monday, May 8th. This represents a $2.83 dividend on an annualized basis and a yield of 1.94%. This is a boost from American Water Works’s previous quarterly dividend of $0.66. American Water Works’s payment ratio is 62.20%.

American Water Works Profile

(Get Rating)

American Water Works Co, Inc participates in the arrangement of complementary water and wastewater services. It runs through the following sections: Regulated Businesses, Market-Based Businesses, and Other. The Regulated Businesses section uses water and wastewater services to consumers. The Market-Based Businesses section consists of the military services group, which participates in long-lasting agreements with the U.S.

See Also

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

This immediate news alert was created by narrative science innovation and monetary information from MarketBeat in order to offer readers with the fastest and most precise reporting. This story was examined by MarketBeat’s editorial group prior to publication. Please send out any concerns or remarks about this story to [email protected].

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