Federated Hermes Inc. Reduces Stock Position in American Water Works Company, Inc. $AWK

robot
Abstract generation in progress

Federated Hermes Inc. significantly decreased its stake in American Water Works Company, Inc. by 76.7% in the third quarter, reducing its holdings to 9,879 shares valued at approximately $1.375 million. Despite this reduction by one major investor, other institutional investors like Truist Financial Corp and AGP Franklin LLC increased their positions. American Water Works recently declared a quarterly dividend of $0.8275 per share, and analysts currently maintain a “Hold” consensus rating with an average target price of $140.89.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin