Signaturefd LLC Has $620,000 Stock Position in American Water Works Company, Inc. (NYSE:AWK)

Signaturefd LLC raised its position in American Water Works Company, Inc. (NYSE:AWK) by 7.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,978 shares of the utilities provider’s stock after purchasing an additional 329 shares during the quarter. Signaturefd LLC’s holdings in American Water Works were worth $620,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AWK. Parallel Advisors LLC boosted its holdings in shares of American Water Works by 2.4% in the 4th quarter. Parallel Advisors LLC now owns 4,241 shares of the utilities provider’s stock worth $528,000 after acquiring an additional 98 shares in the last quarter. Cibc World Markets Corp boosted its stake in American Water Works by 16.3% in the fourth quarter. Cibc World Markets Corp now owns 30,775 shares of the utilities provider’s stock worth $3,831,000 after purchasing an additional 4,314 shares in the last quarter. GWN Securities Inc. acquired a new position in American Water Works in the fourth quarter worth $287,000. Glenview Trust co grew its holdings in shares of American Water Works by 1.9% during the fourth quarter. Glenview Trust co now owns 4,986 shares of the utilities provider’s stock worth $621,000 after purchasing an additional 93 shares during the last quarter. Finally, Gitterman Wealth Management LLC increased its stake in shares of American Water Works by 9.6% in the fourth quarter. Gitterman Wealth Management LLC now owns 3,797 shares of the utilities provider’s stock valued at $473,000 after buying an additional 332 shares in the last quarter. 86.58% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AWK has been the topic of a number of research analyst reports. StockNews.com lowered shares of American Water Works from a “hold” rating to a “sell” rating in a report on Wednesday. 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 report on Tuesday, January 28th. Finally, Wells Fargo & Company upped their price objective on American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a report on Thursday, March 13th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, American Water Works presently has an average rating of “Hold” and a consensus price target of $141.86.

American Water Works Trading Down 1.8 %

Shares of NYSE AWK opened at $142.18 on Thursday. The company’s 50 day simple moving average is $130.55 and its 200 day simple moving average is $134.54. 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 Company, Inc. has a fifty-two week low of $113.34 and a fifty-two week high of $152.07. The firm has a market capitalization of $27.72 billion, a P/E ratio of 26.38, a P/E/G ratio of 2.80 and a beta of 0.69.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share 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 company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.11 billion. On average, analysts predict that American Water Works Company, Inc. will post 5.71 EPS 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.