American Water Works Company, Inc. (NYSE:AWK) Shares Sold by Davis R M Inc.

Davis R M Inc. reduced its stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 0.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 321,783 shares of the utilities provider's stock after selling 2,330 shares during the quarter. Davis R M Inc. owned 0.17% of American Water Works worth $47,469,000 at the end of the most recent reporting period.3 American Outperformers Are Lifting and Initiating DividendsOther large investors have also recently made changes to their positions in the company. Cloud Capital Management LLC purchased a new position in shares of American Water Works in the first quarter valued at approximately $29,000. Capital A Wealth Management LLC acquired a new stake in American Water Works during the 4th quarter worth approximately $33,000. Wayfinding Financial LLC purchased a new position in American Water Works in the 1st quarter valued at approximately $48,000. Millstone Evans Group LLC purchased a new position in American Water Works in the 1st quarter valued at approximately $55,000. Finally, Banque Transatlantique SA acquired a new position in shares of American Water Works in the fourth quarter worth $46,000. 86.58% of the stock is currently owned by institutional investors and hedge funds. Get American Water Works alerts:American Water Works Trading Down 0.7%Shares of American Water Works stock opened at $139.93 on Thursday. The company has a fifty day simple moving average of $141.23 and a 200-day simple moving average of $138.83. American Water Works Company, Inc. has a 12-month low of $118.74 and a 12-month high of $155.50. The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 1.26. The stock has a market cap of $27.29 billion, a price-to-earnings ratio of 25.49, a PEG ratio of 3.34 and a beta of 0.69. Beat the Volatility: Top 3 Low-Beta Stocks to WatchAmerican Water Works (NYSE:AWK - Get Free Report) last posted its earnings results on Wednesday, July 30th. The utilities provider reported $1.48 EPS for the quarter, missing analysts' consensus estimates of $1.53 by ($0.05). The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.22 billion. American Water Works had a return on equity of 10.35% and a net margin of 22.24%. The firm's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.42 EPS. On average, equities analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year. American Water Works Announces DividendThe firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Tuesday, August 12th will be issued a $0.8275 dividend. This represents a $3.31 dividend on an annualized basis and a dividend yield of 2.37%. American Water Works's payout ratio is 60.29%. Insider Buying and SellingAmerican Water Works Doesn’t Come Cheap, but it May be Worth ItIn related news, CAO Melissa K. Wikle sold 2,825 shares of the stock in a transaction on Friday, May 30th. The shares were sold at an average price of $143.28, for a total transaction of $404,766.00. Following the completion of the sale, the chief accounting officer owned 7,572 shares in the company, valued at $1,084,916.16. This represents a 27.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.11% of the stock is currently owned by company insiders. Analysts Set New Price TargetsAWK has been the subject of a number of recent research reports. Wells Fargo & Company lifted their target price on American Water Works from $142.00 to $147.00 and gave the company an "equal weight" rating in a report on Friday, May 2nd. Wall Street Zen downgraded American Water Works from a "hold" rating to a "sell" rating in a research report on Wednesday, May 14th. UBS Group reaffirmed a "neutral" rating and issued a $156.00 target price (up previously from $154.00) on shares of American Water Works in a report on Friday, July 11th. Evercore ISI boosted their price target on shares of American Water Works from $139.00 to $148.00 and gave the stock an "in-line" rating in a report on Friday, May 2nd. Finally, Barclays dropped their price objective on shares of American Water Works from $138.00 to $128.00 and set an "underweight" rating on the stock in a research report on Thursday, July 10th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $141.67.Get Our Latest Analysis on AWKAmerican Water Works Company 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 1,700 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.Featured ArticlesFive stocks we like better than American Water WorksWhat Does a Gap Up Mean in Stocks? How to Play the GapVisa Beats Q3 Earnings Expectations, So Why Did the Market Panic?What is a Bond Market Holiday? How to Invest and TradeHow Marvell Went From Short Target to Breakout StarEV Stocks and How to Profit from Them Palo Alto Networks: The All‑in‑One Cybersecurity PowerhouseThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in American Water Works Right Now?Before you consider American Water Works, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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