Lindbrook Capital LLC Buys 112 Shares of American Water Works Company, Inc. (NYSE:AWK)

Lindbrook Capital LLC raised its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 7.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,561 shares of the utilities provider’s stock after purchasing an additional 112 shares during the period. Lindbrook Capital LLC’s holdings in American Water Works were worth $194,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of AWK. Victory Capital Management Inc. raised its position in American Water Works by 120.7% during the 4th quarter. Victory Capital Management Inc. now owns 3,174,395 shares of the utilities provider’s stock worth $395,180,000 after purchasing an additional 1,736,258 shares during the last quarter. Groupama Asset Managment raised its position in American Water Works by 4,227.0% during the 3rd quarter. Groupama Asset Managment now owns 711,927 shares of the utilities provider’s stock worth $104,000 after purchasing an additional 695,474 shares during the last quarter. Raymond James Financial Inc. bought a new position in American Water Works during the 4th quarter worth $71,120,000. Confluence Investment Management LLC raised its position in American Water Works by 268.0% during the 4th quarter. Confluence Investment Management LLC now owns 537,138 shares of the utilities provider’s stock worth $66,868,000 after purchasing an additional 391,166 shares during the last quarter. Finally, Zimmer Partners LP bought a new position in American Water Works during the 3rd quarter worth $43,872,000. 86.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. UBS Group raised American Water Works from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $151.00 to $155.00 in a research report on Tuesday, November 19th. Wells Fargo & Company lifted their price objective on American Water Works from $129.00 to $133.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 20th. Finally, JPMorgan Chase & Co. lowered their price objective on 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. Three equities research 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 data from MarketBeat.com, American Water Works presently has an average rating of “Hold” and an average target price of $140.57.

American Water Works Stock Performance

Shares of American Water Works stock opened at $145.61 on Friday. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $150.68. The firm has a market capitalization of $28.39 billion, a price-to-earnings ratio of 27.02, a PEG ratio of 2.80 and a beta of 0.69. The business has a 50-day simple moving average of $127.25 and a 200 day simple moving average of $134.43. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.39 and a quick ratio of 0.35.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.09. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.11 billion. On average, research analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share 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.