Rockefeller Capital Management L.P. Trims Position in American Water Works Company, Inc. (NYSE:AWK)

Rockefeller Capital Management L.P. decreased its holdings in American Water Works Company, Inc. (NYSE:AWK) by 17.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 206,204 shares of the utilities provider’s stock after selling 43,365 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in American Water Works were worth $25,670,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Orion Portfolio Solutions LLC boosted its stake in shares of American Water Works by 5.6% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 5,678 shares of the utilities provider’s stock valued at $830,000 after purchasing an additional 300 shares in the last quarter. MML Investors Services LLC boosted its position in American Water Works by 23.2% during the 3rd quarter. MML Investors Services LLC now owns 12,731 shares of the utilities provider’s stock valued at $1,862,000 after acquiring an additional 2,401 shares in the last quarter. Barclays PLC grew its holdings in shares of American Water Works by 1.0% during the 3rd quarter. Barclays PLC now owns 376,348 shares of the utilities provider’s stock worth $55,037,000 after acquiring an additional 3,560 shares during the period. M&T Bank Corp grew its holdings in shares of American Water Works by 2.2% during the 3rd quarter. M&T Bank Corp now owns 63,136 shares of the utilities provider’s stock worth $9,233,000 after acquiring an additional 1,331 shares during the period. Finally, World Investment Advisors LLC bought a new position in shares of American Water Works in the 3rd quarter worth approximately $716,000. Institutional investors own 86.58% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on AWK. StockNews.com upgraded American Water Works from a “sell” rating to a “hold” rating in a research report on Friday, April 4th. Wells Fargo & Company boosted their target price 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. Finally, JPMorgan Chase & Co. decreased 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 note on Tuesday, January 28th. Two analysts have rated the stock with a sell rating, five have assigned 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 an average target price of $141.86.

American Water Works Price Performance

Shares of NYSE:AWK opened at $146.06 on Monday. The company has a market capitalization of $28.48 billion, a PE ratio of 27.10, a PEG ratio of 2.80 and a beta of 0.68. The business has a fifty day moving average price of $137.81 and a 200-day moving average price of $134.14. American Water Works Company, Inc. has a 1-year low of $113.34 and a 1-year high of $155.50. 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 released its quarterly earnings data 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. The business had revenue of $1.20 billion during 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%. As a group, equities analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal 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.