American Water Works Company, Inc. (NYSE:AWK) Shares Sold by Trillium Asset Management LLC

Trillium Asset Management LLC reduced its stake in American Water Works Company, Inc. (NYSE:AWK) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 324,480 shares of the utilities provider’s stock after selling 507 shares during the period. American Water Works accounts for about 1.0% of Trillium Asset Management LLC’s investment portfolio, making the stock its 22nd biggest holding. Trillium Asset Management LLC owned about 0.17% of American Water Works worth $40,395,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Crews Bank & Trust bought a new stake in shares of American Water Works during the fourth quarter valued at approximately $26,000. Providence First Trust Co bought a new stake in American Water Works during the fourth quarter worth approximately $27,000. Whipplewood Advisors LLC bought a new stake in American Water Works during the fourth quarter worth approximately $28,000. EverSource Wealth Advisors LLC raised its holdings in American Water Works by 54.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 103 shares in the last quarter. Finally, Flagship Wealth Advisors LLC bought a new stake in American Water Works during the fourth quarter worth approximately $47,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

American Water Works Trading Down 0.1 %

NYSE AWK opened at $144.67 on Wednesday. American Water Works Company, Inc. has a twelve month low of $113.34 and a twelve month high of $152.07. 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 market cap of $28.20 billion, a price-to-earnings ratio of 26.84, a PEG ratio of 2.80 and a beta of 0.69. The firm’s 50 day moving average price is $130.16 and its two-hundred day moving average price is $134.49.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share 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 firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Equities analysts anticipate that American Water Works Company, Inc. will post 5.71 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Wells Fargo & Company boosted their target price on American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a report on Thursday, March 13th. JPMorgan Chase & Co. dropped their price target on American Water Works from $147.00 to $128.00 and set a “neutral” rating on the stock in a report on Tuesday, January 28th. StockNews.com raised American Water Works from a “sell” rating to a “hold” rating in a report on Tuesday, March 11th. Finally, UBS Group raised American Water Works from a “neutral” rating to a “buy” rating and upped their price target for the company from $151.00 to $155.00 in a report on Tuesday, November 19th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, American Water Works has an average 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.