American Water Works Company, Inc. (NYSE:AWK) Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its position in American Water Works Company, Inc. (NYSE:AWK) by 0.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 369,488 shares of the utilities provider’s stock after selling 1,480 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.19% of American Water Works worth $45,998,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AWK. Victory Capital Management Inc. increased its holdings in shares of American Water Works by 120.7% in the fourth quarter. Victory Capital Management Inc. now owns 3,174,395 shares of the utilities provider’s stock valued at $395,180,000 after buying an additional 1,736,258 shares in the last quarter. Groupama Asset Managment raised its position in shares of American Water Works by 4,227.0% during the third quarter. Groupama Asset Managment now owns 711,927 shares of the utilities provider’s stock worth $104,000 after purchasing an additional 695,474 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of American Water Works during the fourth quarter valued at $71,120,000. Amundi boosted its position in shares of American Water Works by 11.9% in the 4th quarter. Amundi now owns 4,490,423 shares of the utilities provider’s stock valued at $553,687,000 after purchasing an additional 477,411 shares during the period. Finally, Confluence Investment Management LLC increased its stake in American Water Works by 268.0% in the 4th quarter. Confluence Investment Management LLC now owns 537,138 shares of the utilities provider’s stock worth $66,868,000 after purchasing an additional 391,166 shares in the last quarter. 86.58% of the stock is currently owned by institutional investors.

American Water Works Trading Down 1.8 %

NYSE AWK opened at $142.18 on Thursday. The company has a current ratio of 0.39, a quick ratio of 0.35 and a debt-to-equity ratio of 1.21. American Water Works Company, Inc. has a 1-year low of $113.34 and a 1-year high of $152.07. The firm’s fifty day simple moving average is $130.55 and its 200-day simple moving average is $134.54. The company has a market capitalization of $27.72 billion, a PE ratio of 26.38, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69.

American Water Works (NYSE:AWK) last posted its quarterly earnings results 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. The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.11 billion. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. As a group, sell-side analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have commented on AWK. StockNews.com cut shares of American Water Works from a “hold” rating to a “sell” rating in a report on Wednesday. JPMorgan Chase & Co. cut 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 research note on Tuesday, January 28th. Finally, Wells Fargo & Company raised their target price on 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. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $141.86.

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.