American Water Works Company, Inc. (NYSE:AWK) Shares Purchased by Nuance Investments LLC

Nuance Investments LLC grew its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 46.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 167,435 shares of the utilities provider’s stock after purchasing an additional 52,959 shares during the period. American Water Works makes up about 0.8% of Nuance Investments LLC’s holdings, making the stock its 29th largest holding. Nuance Investments LLC’s holdings in American Water Works were worth $20,844,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Crews Bank & Trust purchased a new position in American Water Works during the 4th quarter valued at about $26,000. Providence First Trust Co acquired a new stake in shares of American Water Works during the fourth quarter worth about $27,000. Whipplewood Advisors LLC purchased a new position in shares of American Water Works in the fourth quarter valued at approximately $28,000. EverSource Wealth Advisors LLC increased its stake in American Water Works by 54.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider’s stock worth $36,000 after buying an additional 103 shares during the period. Finally, Flagship Wealth Advisors LLC acquired a new stake in American Water Works during the 4th quarter worth approximately $47,000. 86.58% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AWK has been the topic of several analyst reports. Wells Fargo & Company increased their price objective on American Water Works from $133.00 to $142.00 and gave the company an “equal weight” rating in a research note on Thursday, March 13th. StockNews.com lowered American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday, March 19th. Finally, JPMorgan Chase & Co. lowered 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. 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 company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $141.86.

American Water Works Trading Down 0.3 %

AWK opened at $139.32 on Wednesday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.35 and a current ratio of 0.39. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $152.07. The company has a market cap of $27.16 billion, a P/E ratio of 25.85, a PEG ratio of 2.80 and a beta of 0.69. The business’s 50-day simple moving average is $132.04 and its 200-day simple moving average is $134.38.

American Water Works (NYSE:AWK) last released its quarterly earnings data 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 analysts’ expectations of $1.11 billion. As a group, equities research analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal 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.