SBI Securities Co. Ltd. Acquires Shares of 1,424 American Water Works Company, Inc. (NYSE:AWK)

SBI Securities Co. Ltd. bought a new position in shares of American Water Works Company, Inc. (NYSE:AWK) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,424 shares of the utilities provider’s stock, valued at approximately $177,000.

A number of other large investors also recently modified their holdings of AWK. Nordea Investment Management AB raised its holdings in American Water Works by 5.5% during the fourth quarter. Nordea Investment Management AB now owns 2,418,102 shares of the utilities provider’s stock worth $300,739,000 after buying an additional 125,128 shares during the last quarter. Sovran Advisors LLC acquired a new stake in shares of American Water Works in the 4th quarter worth about $277,000. Czech National Bank lifted its position in American Water Works by 6.5% in the 4th quarter. Czech National Bank now owns 42,257 shares of the utilities provider’s stock valued at $5,261,000 after acquiring an additional 2,562 shares in the last quarter. Swedbank AB boosted its stake in American Water Works by 65.5% during the 3rd quarter. Swedbank AB now owns 106,383 shares of the utilities provider’s stock valued at $15,557,000 after purchasing an additional 42,094 shares during the last quarter. Finally, PFW Advisors LLC bought a new stake in American Water Works during the 4th quarter worth approximately $1,783,000. 86.58% of the stock is currently owned by institutional investors.

American Water Works Stock Up 0.2 %

AWK stock opened at $138.13 on Friday. The stock has a market cap of $26.93 billion, a P/E ratio of 25.63, a P/E/G 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. The stock’s fifty day simple moving average is $126.84 and its two-hundred day simple moving average is $134.40. American Water Works Company, Inc. has a 1-year low of $113.34 and a 1-year high of $150.68.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.09. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.11 billion. Analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Wells Fargo & Company raised their target price on American Water Works from $129.00 to $133.00 and gave the company an “equal weight” rating in a report on Thursday, February 20th. UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and raised their price objective for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. Finally, JPMorgan Chase & Co. cut their price objective on shares of American Water Works from $147.00 to $128.00 and set a “neutral” rating on the stock in a report on Tuesday, January 28th. Three investment 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. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $140.57.

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.