B. Metzler seel. Sohn & Co. AG lowered its holdings in American Water Works Company, Inc. (NYSE:AWK – Free Report) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 99,775 shares of the utilities provider’s stock after selling 3,850 shares during the quarter. B. Metzler seel. Sohn & Co. AG owned about 0.05% of American Water Works worth $12,419,000 as of its most recent filing with the SEC.
Several other large investors also recently made changes to their positions in AWK. Crews Bank & Trust acquired a new stake in shares of American Water Works in the fourth quarter valued at approximately $26,000. Providence First Trust Co bought a new stake in shares of American Water Works during the fourth quarter worth $27,000. Whipplewood Advisors LLC bought a new position in American Water Works in the fourth quarter valued at about $28,000. EverSource Wealth Advisors LLC increased its position in American Water Works by 54.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 103 shares during the period. Finally, Flagship Wealth Advisors LLC bought a new stake in American Water Works during the 4th quarter worth about $47,000. Institutional investors own 86.58% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on AWK shares. JPMorgan Chase & Co. lowered their price target on shares of American Water Works from $147.00 to $128.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. StockNews.com cut shares of American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday, March 19th. Finally, Wells Fargo & Company raised their price target on American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 13th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $141.86.
American Water Works Stock Up 2.3 %
NYSE:AWK opened at $146.28 on Monday. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $152.07. The stock has a 50-day moving average price of $133.12 and a two-hundred day moving average price of $134.30. The stock has a market cap of $28.52 billion, a price-to-earnings ratio of 27.14, a PEG ratio of 2.80 and a beta of 0.69. The company has a current ratio of 0.39, a quick ratio of 0.35 and a debt-to-equity ratio of 1.21.
American Water Works (NYSE:AWK – Get Free Report) 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 business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.11 billion. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. As a group, equities analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.
American Water Works 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.
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