UniSuper Management Pty Ltd Trims Position in American Water Works Company, Inc. (NYSE:AWK)

UniSuper Management Pty Ltd decreased its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 46.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 99,322 shares of the utilities provider’s stock after selling 85,984 shares during the quarter. UniSuper Management Pty Ltd owned approximately 0.05% of American Water Works worth $12,365,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Crews Bank & Trust purchased a new stake in American Water Works during the 4th quarter valued at approximately $26,000. Providence First Trust Co bought a new position in shares of American Water Works during the fourth quarter worth $27,000. Whipplewood Advisors LLC purchased a new position in American Water Works during the fourth quarter valued at $28,000. EverSource Wealth Advisors LLC increased its holdings 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 last quarter. Finally, Flagship Wealth Advisors LLC purchased a new stake in American Water Works in the 4th quarter worth $47,000. Institutional investors own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

AWK has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their price objective 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. Wells Fargo & Company lifted their price objective on American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 13th. Finally, StockNews.com downgraded American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday, March 19th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $141.86.

American Water Works Price Performance

Shares of American Water Works stock opened at $143.24 on Friday. The stock has a market cap of $27.92 billion, a price-to-earnings ratio of 26.58, a price-to-earnings-growth 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. The stock has a 50 day moving average price of $132.73 and a 200-day moving average price of $134.49. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $152.07.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $1.11 billion. Equities analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current 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.