GWN Securities Inc. Takes $287,000 Position in American Water Works Company, Inc. (NYSE:AWK)

GWN Securities Inc. bought a new stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,357 shares of the utilities provider's stock, valued at approximately $287,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Victory Capital Management Inc. increased its holdings in shares of American Water Works by 120.7% during 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 purchasing an additional 1,736,258 shares during the period. Groupama Asset Managment increased its stake in American Water Works by 4,227.0% during the 3rd quarter. Groupama Asset Managment now owns 711,927 shares of the utilities provider's stock valued at $104,000 after buying an additional 695,474 shares during the period. Raymond James Financial Inc. bought a new stake in shares of American Water Works during the 4th quarter worth about $71,120,000. Amundi lifted its stake 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 worth $553,687,000 after acquiring an additional 477,411 shares during the period. Finally, Confluence Investment Management LLC lifted its stake in shares of 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 acquiring an additional 391,166 shares during the period. Institutional investors own 86.58% of the company's stock.

American Water Works Price Performance

Shares of NYSE AWK traded down $0.91 during mid-day trading on Friday, reaching $140.90. The company had a trading volume of 2,605,712 shares, compared to its average volume of 1,143,962. The company has a 50-day moving average price of $130.94 and a two-hundred day moving average price of $134.59. The stock has a market cap of $27.47 billion, a PE ratio of 26.14, a P/E/G ratio of 2.80 and a beta of 0.69. 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.

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American Water Works (NYSE:AWK - Get Free Report) last issued 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 firm had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.11 billion. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. On average, equities analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. StockNews.com cut American Water Works from a "hold" rating to a "sell" rating in a report on Wednesday. JPMorgan Chase & Co. dropped their price objective on 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 upped their price objective on American Water Works from $133.00 to $142.00 and gave the company an "equal weight" rating in a report on Thursday, March 13th. Three investment 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's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $141.86.

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.