Terra Alpha Investments LLC Purchases New Shares in American Water Works Company, Inc. (NYSE:AWK)

Terra Alpha Investments LLC bought a new stake in American Water Works Company, Inc. (NYSE:AWK) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,218 shares of the utilities provider’s stock, valued at approximately $1,272,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Crews Bank & Trust bought a new stake in American Water Works in the fourth quarter worth about $26,000. Providence First Trust Co bought a new stake in shares of American Water Works in the fourth quarter valued at $27,000. Whipplewood Advisors LLC bought a new stake in shares of American Water Works in the fourth quarter valued at $28,000. EverSource Wealth Advisors LLC raised its stake in American Water Works by 54.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider’s stock valued at $36,000 after acquiring an additional 103 shares during the period. Finally, Assetmark Inc. raised its stake in American Water Works by 31.7% in the 3rd quarter. Assetmark Inc. now owns 370 shares of the utilities provider’s stock valued at $54,000 after acquiring an additional 89 shares during the period. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Price Performance

Shares of American Water Works stock opened at $144.43 on Monday. American Water Works Company, Inc. has a 12 month low of $113.34 and a 12 month high of $152.07. 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 business’s 50-day moving average price is $129.24 and its 200-day moving average price is $134.45. The firm has a market capitalization of $28.16 billion, a PE ratio of 26.80, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69.

American Water Works (NYSE:AWK) last released its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $1.11 billion. Sell-side analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

Analysts Set New Price Targets

AWK has been the topic of several research reports. StockNews.com raised shares of American Water Works from a “sell” rating to a “hold” rating in a research report on Tuesday, March 11th. UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. Wells Fargo & Company upped their price target on American Water Works from $133.00 to $142.00 and gave the company an “equal weight” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. decreased their target price 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. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $141.86.

American Water Works 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.