Mitsubishi UFJ Trust & Banking Corp Has $14.96 Million Stock Holdings in American Water Works Company, Inc. (NYSE:AWK)

Mitsubishi UFJ Trust & Banking Corp lowered its position in American Water Works Company, Inc. (NYSE:AWKFree Report) by 0.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 120,809 shares of the utilities provider’s stock after selling 700 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.06% of American Water Works worth $14,960,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Tokio Marine Asset Management Co. Ltd. boosted its position in American Water Works by 1.9% in the 2nd quarter. Tokio Marine Asset Management Co. Ltd. now owns 3,711 shares of the utilities provider’s stock valued at $530,000 after buying an additional 70 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in American Water Works by 1.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 8,088 shares of the utilities provider’s stock valued at $1,053,000 after buying an additional 78 shares during the last quarter. Sunbelt Securities Inc. boosted its position in American Water Works by 1.8% in the 2nd quarter. Sunbelt Securities Inc. now owns 4,548 shares of the utilities provider’s stock valued at $649,000 after buying an additional 82 shares during the last quarter. Smithfield Trust Co boosted its position in American Water Works by 5.4% in the 2nd quarter. Smithfield Trust Co now owns 1,626 shares of the utilities provider’s stock valued at $232,000 after buying an additional 84 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC boosted its position in shares of American Water Works by 4.4% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 2,088 shares of the utilities provider’s stock worth $298,000 after purchasing an additional 88 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

American Water Works Stock Up 1.2 %

NYSE:AWK opened at $123.64 on Tuesday. American Water Works Company, Inc. has a 12-month low of $114.25 and a 12-month high of $153.43. The company has a quick ratio of 0.97, a current ratio of 1.03 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $24.07 billion, a P/E ratio of 25.65, a P/E/G ratio of 3.05 and a beta of 0.65. The stock’s fifty day simple moving average is $129.12 and its 200-day simple moving average is $130.36.

American Water Works Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 1st. Shareholders of record on Thursday, February 8th will be issued a dividend of $0.7075 per share. The ex-dividend date is Wednesday, February 7th. This represents a $2.83 annualized dividend and a yield of 2.29%. American Water Works’s dividend payout ratio is presently 58.71%.

Analysts Set New Price Targets

Separately, Mizuho raised their price target on American Water Works from $134.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, November 7th.

Get Our Latest Research Report on AWK

American Water Works Profile

(Free Report)

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 1,600 communities in 14 states serving approximately 3.4 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.

Further Reading

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

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