On February 15, after the stock market has closed for the day, American Water Works (NYSE: AWK) will make public the results of its most recent financial reporting period.
According to most analysts’ projections, the company will generate $0.75 per share earnings for the upcoming quarter. Follow this link and click the “Join Conference” button for investors to participate in the conference call that the company is holding.
In addition, the business has decided to begin paying quarterly dividends, the first of which will be distributed to shareholders on March 1. Shareholders whose information was recorded as of February 7 will be eligible to receive a $0.655 dividend payment per share.
This results in the investment having a yield of 1.69% and an annual dividend payment of $2.62. February 6, a Monday, is the date after which shareholders will no longer receive dividends.
At the moment, it has been determined that the dividend payout ratio (DPR) for American Water Works is equal to 36.14 percent.
The opening price of the trading session on the NYSE AWK on Wednesday was $155.47. Following two hundred trading days, the stock has achieved a moving average price of $149.05 per share.
The arithmetic mean over the past fifty days is $155.08, according to the moving average.
The company has a price-to-earnings ratio of 21.32, a beta value of 0.55, and its current market value is $28.27 billion.
The enterprise’s price-to-earnings-growth ratio is 4.06.
The quick ratio is 0.43, the current ratio is 0.48, and the debt-to-equity ratio is 1.41.
All three ratios are very close to each other.
There is a striking similarity between each of the three ratios.
The share price of American Water Works has ranged from a low of $122.77 to a high of $173.87 over the past year.
Several institutional investors have recently adjusted how they are holding their positions in AWK in light of recent market events.
The value of the National Pension Service’s holdings in American Water Works increased by 0.6% during the third quarter of the year.
As a result of the additional purchases that were made in the preceding quarter, the National Pension Service now owns 29,065,000 shares of the utility provider’s stock.
Based on the current market price, each share is estimated to be worth $1251.
During the third quarter, Captrust Financial Advisors completed a 9.4 percentage point increase in the amount of American Water Works stock that it owned.
The stock held by the utility service provider is now fully owned by Captrust Financial Advisors, thanks to the acquisition of an additional 2,171 shares during the most recent fiscal quarter.
The company’s total number of shares held is now 25,378.
The current value of these shares, when traded on the market, is $3,303,000.
The Kentucky Retirement Systems Insurance Trust Fund increased the amount of American Water Works stock owned by 4.9% during the third quarter of this year.
The Kentucky Retirement Systems Insurance Trust Fund now has 6,515 shares of the utility provider’s stock, thanks to the acquisition of an additional 305 shares during the preceding quarter.
The value of these shares at the moment is $848,000 in total.
The Kentucky Retirement Systems invested 5.5% more of its total stock portfolio in American Water Works during the third quarter than it did in the previous quarter. Following the acquisition of 741 shares of the utility’s stock over the past three months, Kentucky Retirement Systems now has 14,230 shares in the company above.
The total value of these shares is $1,852,000.
And finally, during the third quarter, Balyasny Asset Management LLC made a 48.0 percentage point increase in the amount of American Water Works shares that it held as a proportion of its total holdings.
Balyasny Asset Management LLC increased its holdings in the stock of the utility provider by purchasing an additional 6,916 shares during the most recent quarter.
As a result of these purchases, the company now owns 21,336 shares of the company’s stock, which has a value of $2,777,000.
Institutional investors and hedge funds own 83.06 percent of the company’s stock.
Individual investors hold the remaining 16.04 percent.
AWK has been the subject of attention from research specialists in many published papers. Wells Fargo & Company announced, in a research report made public on Wednesday, December 14, that they were increasing their price objective on American Water Works from $149.00 to $159.00. HSBC announced on Tuesday, November 15 that they would reduce their target price for American Water Works to $158.00.
The announcement was made in a research report that was published that day.
American Water Works was introduced to readers of StockNews.com for the very first time in a research study that was released on Wednesday, October 12, and published on StockNews.com.
They advised their clients to “hold” the stock moving forward. Guggenheim stated in a research note published on October 24 that they would be decreasing their target price for American Water Works from $155.00 to $138.00.
This price reduction took effect immediately.
In a research report released on Friday, November 4, UBS Group announced they would increase their price objective for American Water Works to $151.00.
This was the last but not the least of their announcements.
Two analysts have suggested that investors purchase shares of the company, while six others have suggested that investors maintain their current holdings of shares.
The current consensus rating for American Water Works is “Hold,” and the price target is set at $154.67, according to data that Bloomberg.com compiled.
The American Water Works Company, INC, is tasked with supplying its clientele with water and wastewater services.
The phrases “Regulated Businesses,” “Market-Based Businesses,” and “Others” are used to refer to the three different operational divisions that the company possesses. Customers can receive water and wastewater services from the segment of regulated businesses responsible for dealing with relevant industries.
The market-based businesses sector comprises several sub-sectors, including the military services group, the contract operations group, the homeowner services group, and keystone operations.