15,723 Shares in American Water Works Company, Inc. (NYSE:AWK) Purchased by Natural Investments LLC

Natural Investments LLC purchased a new position in American Water Works Company, Inc. (NYSE:AWK) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 15,723 shares of the utilities provider’s stock, valued at approximately $1,957,000.

A number of other hedge funds also recently bought and sold shares of the company. IHT Wealth Management LLC grew its holdings in shares of American Water Works by 1.2% in the third quarter. IHT Wealth Management LLC now owns 6,424 shares of the utilities provider’s stock valued at $938,000 after purchasing an additional 76 shares in the last quarter. Assetmark Inc. grew its holdings in shares of American Water Works by 31.7% in the third quarter. Assetmark Inc. now owns 370 shares of the utilities provider’s stock valued at $54,000 after purchasing an additional 89 shares in the last quarter. Brookfield Corp ON grew its holdings in shares of American Water Works by 0.3% in the third quarter. Brookfield Corp ON now owns 32,601 shares of the utilities provider’s stock valued at $4,768,000 after purchasing an additional 89 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in shares of American Water Works by 4.6% in the fourth quarter. Bleakley Financial Group LLC now owns 2,012 shares of the utilities provider’s stock valued at $250,000 after purchasing an additional 89 shares in the last quarter. Finally, Rosenberg Matthew Hamilton grew its holdings in shares of American Water Works by 29.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider’s stock valued at $50,000 after purchasing an additional 90 shares in the last quarter. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Up 2.6 %

Shares of AWK opened at $149.16 on Tuesday. The firm has a market capitalization of $29.08 billion, a P/E ratio of 27.67, a P/E/G ratio of 2.80 and a beta of 0.69. 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 firm has a fifty day moving average price of $127.74 and a 200-day moving average price of $134.40.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.09. The firm 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 expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

Analysts Set New Price Targets

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