American Water Works (NYSE:AWK) is expected to pay $0.38 on Dec 1, 2016. The indicated annual dividend is $1.50. Shareholders owning the stock before Nov 7, 2016 will be eligible to receive the payout. Based on American Water Works’s current price of $70.59, the dividend is 0.53%. This dividend’s record date is Nov 9, 2016 and the announcement date is Oct 28, 2016. The stock decreased 2.08% or $1.5 on November 4, hitting $70.59. About 1.18 million shares traded hands or 20.61% up from the average. American Water Works Company Inc (NYSE:AWK) has risen 2.23% since April 5, 2016 and is uptrending. It has outperformed by 0.27% the S&P500.
American Water Works Company, Inc. is a holding company. The company has a market cap of $12.46 billion. The Firm is a water and wastewater utility company. It has a 25.69 P/E ratio. The Firm operates through two divisions: the Regulated Businesses and the Market-Based Businesses.
Insitutional Activity: The institutional sentiment decreased to 1 in 2016 Q2. Its down 0.40, from 1.4 in 2016Q1. The ratio worsened, as 35 funds sold all American Water Works Company Inc shares owned while 196 reduced positions. 46 funds bought stakes while 186 increased positions. They now own 143.32 million shares or 6.07% less from 152.58 million shares in 2016Q1.
Navellier Associate Incorporated holds 1.52% or 120,216 shares in its portfolio. Mckinley Cap Mgmt Ltd Liability Corp Delaware, a Unknown-based fund reported 37,108 shares. Henderson Gp Public Ltd Company accumulated 21,304 shares or 0.01% of the stock. Security Fincl Bank Of So Dak last reported 2.13% of its portfolio in the stock. Scout Invests holds 0.88% or 373,767 shares in its portfolio. Aviance Capital Ltd Co holds 0.02% of its portfolio in American Water Works Company Inc (NYSE:AWK) for 9,404 shares. Twin Tree L P, a Texas-based fund reported 6,675 shares. Pggm Invs holds 0.32% of its portfolio in American Water Works Company Inc (NYSE:AWK) for 730,189 shares. Moreover, Rockefeller Fincl Services has 1.29% invested in American Water Works Company Inc (NYSE:AWK) for 763,441 shares. Moreover, Barometer Capital Mgmt has 4.04% invested in American Water Works Company Inc (NYSE:AWK) for 482,700 shares. Synovus Fincl has 925 shares for 0% of their US portfolio. Next Fincl Inc has invested 0.05% of its portfolio in American Water Works Company Inc (NYSE:AWK). Strategic Wealth Grp Ltd owns 11,011 shares or 0.18% of their US portfolio. Janney Montgomery Scott Llc has 0.07% invested in the company for 76,616 shares. Deere holds 0.04% of its portfolio in American Water Works Company Inc (NYSE:AWK) for 7,997 shares.
Insider Transactions: Since May 9, 2016, the stock had 0 insider buys, and 5 insider sales for $3.33 million net activity. Lynch Walter had sold 6,514 shares worth $497,865. The insider Strauss Mark F. sold $1.18 million. Degillio Deborah A sold $138,649 worth of stock or 1,866 shares.
American Water Works Company Inc (NYSE:AWK) Ratings Coverage
Out of 8 analysts covering American Water Works (NYSE:AWK), 4 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 50% are positive. American Water Works has been the topic of 12 analyst reports since October 15, 2015 according to StockzIntelligence Inc. The stock of American Water Works Company Inc (NYSE:AWK) earned “Buy” rating by Argus Research on Friday, June 24. Bank of America downgraded American Water Works Company Inc (NYSE:AWK) on Wednesday, July 6 to “Neutral” rating. Boenning & Scattergood downgraded the stock to “Neutral” rating in Monday, June 6 report. The firm earned “Neutral” rating on Wednesday, March 2 by Robert W. Baird. On Tuesday, September 6 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was downgraded by Ladenburg Thalmann on Thursday, October 15 to “Neutral”. The firm has “Overweight” rating by Barclays Capital given on Friday, May 6. Janney Capital downgraded the stock to “Neutral” rating in Friday, February 26 report. Robert W. Baird initiated it with “Outperform” rating and $82 target price in Friday, October 14 report.
More recent American Water Works Company Inc (NYSE:AWK) news were published by: Fool.com which released: “Will American Water Works Company, Inc. Sink or Swim?” on April 04, 2016. Also Fool.com published the news titled: “3 Reasons American Water Works Company, Inc.’s Stock Could Soar” on April 01, 2016. Etfdailynews.com‘s news article titled: “American Water Works Company Inc, Aqua America Inc, American States Water Co …” with publication date: May 03, 2016 was also an interesting one.
AWK Company Profile
American Water Works Company, Inc., incorporated on August 28, 1936, is a holding company. The Firm is a water and wastewater utility company. The Firm provides drinking water, wastewater and other water related services to approximately 15 million people in over 50 states, the District of Columbia and Ontario, Canada. The Firm operates through two divisions: the Regulated Businesses and the Market-Based Businesses. The Company’s American Water Works Service Company subsidiary provides shared services and corporate governance for its operating subsidiaries, such as accounting and finance, administration, business development, communications, corporate administrative, education and training, engineering, financial, health and safety, human resources, information systems, internal audit, investor relations, legal, operations, procurement, rates support, security, risk management, water quality, and research and development.
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