Quantbot Technologies LP Invests $1.68 Million in American Water Works Company, Inc. (NYSE:AWK)

Quantbot Technologies LP purchased a new stake in shares of American Water Works Company, Inc. (NYSE:AWK) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 13,474 shares of the utilities provider’s stock, valued at approximately $1,677,000.

A number of other institutional investors also recently bought and sold shares of the stock. Crews Bank & Trust bought a new stake in shares of American Water Works in the 4th quarter worth about $26,000. Providence First Trust Co purchased a new stake in American Water Works in the 4th quarter worth about $27,000. Whipplewood Advisors LLC bought a new stake in American Water Works in the fourth quarter worth about $28,000. EverSource Wealth Advisors LLC boosted its position in shares of American Water Works by 54.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider’s stock valued at $36,000 after buying an additional 103 shares during the period. Finally, Flagship Wealth Advisors LLC bought a new position in shares of American Water Works during the fourth quarter valued at approximately $47,000. 86.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on AWK. StockNews.com lowered American Water Works from a “hold” rating to a “sell” rating in a research note on Wednesday, March 19th. JPMorgan Chase & Co. cut their price target on shares of American Water Works from $147.00 to $128.00 and set a “neutral” rating on the stock in a report on Tuesday, January 28th. Finally, Wells Fargo & Company lifted their price objective on shares of American Water Works from $133.00 to $142.00 and gave the company an “equal weight” rating in a report on Thursday, March 13th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $141.86.

American Water Works Trading Down 1.0 %

NYSE AWK opened at $139.71 on Tuesday. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $152.07. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.35 and a current ratio of 0.39. The company has a market capitalization of $27.24 billion, a price-to-earnings ratio of 25.92, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69. The company’s 50-day simple moving average is $131.71 and its two-hundred day simple moving average is $134.41.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.09. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.11 billion. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. Equities analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal 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.