Natixis Advisors LLC Has $9.13 Million Holdings in American Water Works Company, Inc. (NYSE:AWK)

Natixis Advisors LLC lessened its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 3.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 73,345 shares of the utilities provider’s stock after selling 2,253 shares during the period. Natixis Advisors LLC’s holdings in American Water Works were worth $9,131,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp lifted its stake in shares of American Water Works by 1.9% in the 3rd quarter. State Street Corp now owns 11,503,553 shares of the utilities provider’s stock valued at $1,682,280,000 after purchasing an additional 214,082 shares during the period. Geode Capital Management LLC boosted its position in shares of American Water Works by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 4,564,193 shares of the utilities provider’s stock valued at $665,163,000 after purchasing an additional 43,754 shares in the last quarter. Amundi boosted its position in shares of American Water Works by 11.9% during the 4th quarter. Amundi now owns 4,490,423 shares of the utilities provider’s stock valued at $553,687,000 after purchasing an additional 477,411 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of 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 valued at $395,180,000 after purchasing an additional 1,736,258 shares in the last quarter. Finally, Nordea Investment Management AB boosted its position in shares of American Water Works by 5.5% during the 4th quarter. Nordea Investment Management AB now owns 2,418,102 shares of the utilities provider’s stock valued at $300,739,000 after purchasing an additional 125,128 shares in the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on AWK shares. StockNews.com lowered American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday. Wells Fargo & Company upped their target price on American Water Works from $133.00 to $142.00 and gave the company an “equal weight” rating in a research report on Thursday, March 13th. Finally, JPMorgan Chase & Co. cut their target price on American Water Works from $147.00 to $128.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 28th. 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. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $141.86.

American Water Works Stock Down 0.3 %

Shares of NYSE:AWK opened at $141.68 on Friday. The business’s 50 day simple moving average is $130.94 and its two-hundred day simple moving average is $134.59. The firm has a market cap of $27.62 billion, a P/E ratio of 26.29, a PEG ratio of 2.80 and a beta of 0.69. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.35 and a current ratio of 0.39. American Water Works Company, Inc. has a 52-week low of $113.34 and a 52-week high of $152.07.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.09. The business had revenue of $1.20 billion for 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, research 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.