Shares of American Water Works (NYSE:AWK) reached a new 52-week high on Thursday . The company traded as high as $91.51 and last traded at $90.35, with a volume of 688800 shares trading hands. The stock had previously closed at $89.57.

A number of analysts recently weighed in on the company. Boenning Scattergood restated a “hold” rating on shares of American Water Works in a research note on Friday, September 22nd. Robert W. Baird restated a “hold” rating and issued a $82.00 price target on shares of American Water Works in a research note on Sunday, October 1st. Bank of America assumed coverage on American Water Works in a research note on Tuesday, October 24th. They issued a “buy” rating and a $95.00 price target on the stock. Zacks Investment Research upgraded American Water Works from a “sell” rating to a “hold” rating in a research note on Thursday, September 14th. Finally, Janney Montgomery Scott downgraded American Water Works from a “buy” rating to a “neutral” rating in a research report on Friday, November 3rd. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $85.63.

The company has a debt-to-equity ratio of 1.21, a current ratio of 0.49 and a quick ratio of 0.47. The company has a market capitalization of $16,270.00, a PE ratio of 31.57, a P/E/G ratio of 4.02 and a beta of 0.25.

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

The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 10th were given a dividend of $0.415 per share. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $1.66 dividend on an annualized basis and a yield of 1.82%. American Water Works’s payout ratio is 56.27%.

In other American Water Works news, EVP Michael A. Sgro sold 841 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $90.03, for a total transaction of $75,715.23. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Walter Lynch sold 5,000 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $89.95, for a total value of $449,750.00. Following the sale, the chief operating officer now owns 97,667 shares in the company, valued at $8,785,146.65. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 6,856 shares of company stock worth $616,700. 0.34% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pinebridge Investments L.P. acquired a new position in shares of American Water Works in the second quarter worth $118,000. Peddock Capital Advisors LLC acquired a new position in shares of American Water Works in the second quarter worth $131,000. Aviance Capital Management LLC acquired a new position in shares of American Water Works in the second quarter worth $147,000. Almanack Investment Partners LLC. acquired a new position in shares of American Water Works in the second quarter worth $154,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of American Water Works by 8.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,441 shares of the utilities provider’s stock worth $190,000 after acquiring an additional 197 shares during the last quarter. 80.99% of the stock is owned by institutional investors.

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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.

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