News coverage about American Water Works (NYSE:AWK) has been trending somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Water Works earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 46.6290517061109 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
- American Water Works Target of Unusually Large Options Trading (AWK) (americanbankingnews.com)
- Varian Medical Systems, Inc. (VAR) SVP John W. Kuo Sells 10353 Shares – Newburgh Gazette (newburghgazette.com)
- American Water Works Stock Getting Very Oversold (nasdaq.com)
- Will Shareholder Love To Invest in This Stock?: American Water Works Company, Inc. (NYSE: AWK) – The Investor Guide (wallstreetnews24.com)
- American Water Works Company, Inc., (NYSE: AWK) – An Eye on Risk Factors – Stock Watch (stocksnewstimes.com)
Several equities analysts recently commented on the stock. Bank of America downgraded shares of American Water Works from a “buy” rating to a “neutral” rating and upped their price target for the company from $85.70 to $91.00 in a report on Thursday. Zacks Investment Research downgraded shares of American Water Works from a “hold” rating to a “sell” rating in a report on Tuesday, January 9th. Guggenheim downgraded shares of American Water Works from a “buy” rating to a “neutral” rating in a report on Tuesday, January 2nd. Argus upped their price target on shares of American Water Works from $100.00 to $105.00 and gave the company a “buy” rating in a report on Friday, December 29th. Finally, Robert W. Baird upped their price target on shares of American Water Works from $82.00 to $87.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $90.01.
American Water Works (NYSE:AWK) last released its quarterly earnings data on Wednesday, November 1st. The utilities provider reported $1.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.08. The company had revenue of $936.00 million during the quarter, compared to analysts’ expectations of $992.58 million. American Water Works had a net margin of 15.82% and a return on equity of 9.69%. The firm’s quarterly revenue was up .6% on a year-over-year basis. During the same period in the previous year, the company earned $1.05 EPS. equities analysts forecast that American Water Works will post 3.01 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Wednesday, February 7th will be given a $0.415 dividend. The ex-dividend date of this dividend is Tuesday, February 6th. This represents a $1.66 annualized dividend and a yield of 2.05%. American Water Works’s dividend payout ratio (DPR) is 56.27%.
In other news, EVP Michael A. Sgro sold 841 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $90.03, for a total value of $75,715.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Walter Lynch sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $89.95, for a total transaction of $449,750.00. Following the completion of the sale, the chief operating officer now directly owns 97,667 shares of the company’s stock, valued at approximately $8,785,146.65. The disclosure for this sale can be found here. Over the last three months, insiders sold 6,856 shares of company stock valued at $616,700. 0.34% of the stock is owned by corporate insiders.
American Water Works Company Profile
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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