Sonen Capital LLC Has $958,000 Stock Holdings in American Water Works Company, Inc. (NYSE:AWK)

Sonen Capital LLC grew its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 2.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,261 shares of the utilities provider’s stock after purchasing an additional 189 shares during the quarter. American Water Works comprises about 1.8% of Sonen Capital LLC’s portfolio, making the stock its 12th biggest holding. Sonen Capital LLC’s holdings in American Water Works were worth $958,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in AWK. Diversified LLC lifted its stake in shares of American Water Works by 3.2% in the 4th quarter. Diversified LLC now owns 2,547 shares of the utilities provider’s stock valued at $336,000 after acquiring an additional 80 shares during the last quarter. Brookstone Capital Management raised its position in American Water Works by 4.8% in the fourth quarter. Brookstone Capital Management now owns 1,809 shares of the utilities provider’s stock valued at $239,000 after purchasing an additional 83 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its stake in shares of American Water Works by 1.5% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 6,152 shares of the utilities provider’s stock valued at $762,000 after purchasing an additional 91 shares in the last quarter. Consolidated Portfolio Review Corp grew its holdings in shares of American Water Works by 0.5% during the third quarter. Consolidated Portfolio Review Corp now owns 20,919 shares of the utilities provider’s stock worth $2,590,000 after purchasing an additional 94 shares during the last quarter. Finally, Presima Securities ULC grew its holdings in shares of American Water Works by 1.9% during the third quarter. Presima Securities ULC now owns 5,370 shares of the utilities provider’s stock worth $665,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 86.58% of the company’s stock.

Analysts Set New Price Targets

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

Insider Buying and Selling at American Water Works

In other news, EVP Melanie M. Kennedy sold 843 shares of American Water Works stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $119.59, for a total value 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 filing with the SEC, which is accessible through this hyperlink. Insiders own 0.08% of the company’s stock.

American Water Works Price Performance

Shares of AWK opened at $120.78 on Friday. The business has a 50-day moving average of $119.13 and a 200-day moving average of $124.20. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.65 and a quick ratio of 0.59. The company has a market capitalization of $23.53 billion, a price-to-earnings ratio of 24.70, a price-to-earnings-growth ratio of 2.88 and a beta of 0.63. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $151.24.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Thursday, February 15th. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.04. American Water Works had a net margin of 22.30% and a return on equity of 9.70%. The firm had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter last year, the business earned $0.81 EPS. The company’s revenue was up 10.8% compared to the same quarter last year. As a group, equities research analysts anticipate that American Water Works Company, Inc. will post 5.24 earnings per share for the current year.

American Water Works Company Profile

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.