15,430 Shares in American Water Works Company, Inc. (NYSE:AWK) Bought by Duality Advisers LP

Duality Advisers LP purchased a new position in shares of American Water Works Company, Inc. (NYSE:AWK) during the 4th quarter, Holdings Channel.com reports. The fund purchased 15,430 shares of the utilities provider’s stock, valued at approximately $2,037,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MV Capital Management Inc. increased its position in shares of American Water Works by 110.8% in the 4th quarter. MV Capital Management Inc. now owns 196 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 103 shares during the last quarter. ORG Partners LLC increased its position in shares of American Water Works by 79.2% in the 4th quarter. ORG Partners LLC now owns 233 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 103 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new stake in shares of American Water Works in the 3rd quarter worth about $33,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of American Water Works in the 4th quarter worth about $35,000. Finally, Key Financial Inc increased its position in shares of American Water Works by 266.7% in the 4th quarter. Key Financial Inc now owns 275 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AWK. StockNews.com downgraded shares of American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday, April 3rd. Evercore ISI downgraded shares of American Water Works from an “outperform” rating to an “in-line” rating and dropped their target price for the stock from $160.00 to $135.00 in a research report on Friday, February 16th.

Insider Buying and Selling at American Water Works

In other American Water Works news, EVP Melanie M. Kennedy sold 843 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $119.59, for a total transaction of $100,814.37. Following the completion of the transaction, the executive vice president now directly owns 16,240 shares of the company’s stock, valued at approximately $1,942,141.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.08% of the stock is currently owned by company insiders.

American Water Works Trading Up 0.6 %

NYSE AWK opened at $119.26 on Tuesday. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $152.99. The company has a 50-day simple moving average of $119.20 and a 200-day simple moving average of $124.21. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.59 and a current ratio of 0.65. The firm has a market capitalization of $23.23 billion, a PE ratio of 24.39, a price-to-earnings-growth ratio of 2.83 and a beta of 0.63.

American Water Works (NYSE:AWK) last posted its earnings results on Thursday, February 15th. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.04. The firm had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.02 billion. American Water Works had a net margin of 22.30% and a return on equity of 9.70%. American Water Works’s revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.81 EPS. On average, equities analysts forecast that American Water Works Company, Inc. will post 5.24 earnings per share for the current year.

About American Water Works

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.