15,965 Shares in American Water Works Company, Inc. (NYSE:AWK) Bought by Sava Infond d.o.o.

Sava Infond d.o.o. 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 and Exchange Commission (SEC). The fund bought 15,965 shares of the utilities provider’s stock, valued at approximately $1,987,000.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of American Water Works by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 25,107,225 shares of the utilities provider’s stock valued at $3,125,598,000 after purchasing an additional 217,582 shares in the last quarter. State Street Corp increased its stake in shares of American Water Works by 1.9% in the third quarter. State Street Corp now owns 11,503,553 shares of the utilities provider’s stock worth $1,682,280,000 after buying an additional 214,082 shares during the last quarter. Geode Capital Management LLC raised its holdings in American Water Works by 1.0% in the third quarter. Geode Capital Management LLC now owns 4,564,193 shares of the utilities provider’s stock valued at $665,163,000 after acquiring an additional 43,754 shares in the last quarter. Amundi boosted its stake in 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 acquiring an additional 477,411 shares during the last quarter. Finally, Victory Capital Management Inc. grew its holdings in 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 worth $395,180,000 after acquiring an additional 1,736,258 shares in the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Trading Up 1.4 %

NYSE:AWK opened at $141.04 on Thursday. The firm has a market capitalization of $27.50 billion, a P/E ratio of 26.17, a P/E/G ratio of 2.80 and a beta of 0.69. The business has a 50 day simple moving average of $132.39 and a 200 day simple moving average of $134.42. 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 12-month low of $113.34 and a 12-month high of $152.07.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, topping the consensus estimate 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%. Equities research analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current year.

Wall Street Analysts Forecast Growth

AWK has been the topic of several research analyst reports. Wells Fargo & Company increased their price target on shares of American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 13th. JPMorgan Chase & Co. decreased their target price on American Water Works from $147.00 to $128.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Finally, StockNews.com downgraded American Water Works from a “hold” rating to a “sell” rating in a report on Wednesday, March 19th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $141.86.

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.