Valley Brook Capital Group Inc. Has $234,000 Holdings in American Water Works Company, Inc. (NYSE:AWK)

Valley Brook Capital Group Inc. lessened its stake in American Water Works Company, Inc. (NYSE:AWK) by 5.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,775 shares of the utilities provider’s stock after selling 100 shares during the quarter. Valley Brook Capital Group Inc.’s holdings in American Water Works were worth $234,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Raymond James & Associates boosted its holdings in American Water Works by 3.9% during the fourth quarter. Raymond James & Associates now owns 538,884 shares of the utilities provider’s stock worth $71,127,000 after purchasing an additional 20,288 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in American Water Works by 7,752.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 483,391 shares of the utilities provider’s stock worth $63,803,000 after purchasing an additional 477,235 shares during the last quarter. Covea Finance boosted its holdings in American Water Works by 20.4% during the fourth quarter. Covea Finance now owns 278,493 shares of the utilities provider’s stock worth $36,758,000 after purchasing an additional 47,200 shares during the last quarter. Natixis Advisors L.P. boosted its holdings in American Water Works by 27.8% during the third quarter. Natixis Advisors L.P. now owns 81,976 shares of the utilities provider’s stock worth $10,151,000 after purchasing an additional 17,834 shares during the last quarter. Finally, Arlington Trust Co LLC acquired a new position in American Water Works during the fourth quarter worth $1,207,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Stock Performance

Shares of AWK traded up $2.80 during trading hours on Friday, hitting $128.75. The company had a trading volume of 1,735,768 shares, compared to its average volume of 1,694,021. The firm has a market cap of $25.08 billion, a price-to-earnings ratio of 26.12, a PEG ratio of 3.07 and a beta of 0.62. The business has a fifty day moving average of $119.53 and a 200-day moving average of $124.42. American Water Works Company, Inc. has a 12 month low of $113.34 and a 12 month high of $151.24. The company has a quick ratio of 0.59, a current ratio of 0.85 and a debt-to-equity ratio of 1.26.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.03). The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $962.30 million. American Water Works had a net margin of 22.27% and a return on equity of 9.74%. American Water Works’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.91 earnings per share. Equities analysts anticipate that American Water Works Company, Inc. will post 5.24 EPS for the current fiscal year.

American Water Works Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Tuesday, May 14th will be given a $0.765 dividend. The ex-dividend date is Monday, May 13th. This is a positive change from American Water Works’s previous quarterly dividend of $0.71. This represents a $3.06 annualized dividend and a dividend yield of 2.38%. American Water Works’s dividend payout ratio is presently 57.40%.

Analyst Ratings Changes

AWK has been the topic of several analyst reports. Evercore ISI lowered shares of American Water Works from an “outperform” rating to an “in-line” rating and dropped their price target for the stock from $160.00 to $135.00 in a research report on Friday, February 16th. StockNews.com lowered shares of American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday, April 3rd.

Insider Activity

In other news, EVP Melanie M. Kennedy sold 843 shares of the stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $119.59, for a total value of $100,814.37. Following the transaction, the executive vice president now directly owns 16,240 shares of the company’s stock, valued at $1,942,141.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.08% of the company’s stock.

About American Water Works

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 1,700 communities in 14 states serving approximately 3.5 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.