American Water Works Company, Inc. (NYSE:AWK) Receives Consensus Rating of "Hold" from Brokerages

American Water Works Company, Inc. (NYSE:AWK - Get Free Report) has received a consensus rating of "Hold" from the eight research firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $140.57.

A number of equities research analysts recently commented on AWK shares. Wells Fargo & Company upped their price target on shares of American Water Works from $129.00 to $133.00 and gave the company an "equal weight" rating in a report on Thursday, February 20th. UBS Group upgraded shares of 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. JPMorgan Chase & Co. lowered their price target 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. Finally, StockNews.com upgraded shares of American Water Works from a "sell" rating to a "hold" rating in a report on Tuesday.

American Water Works Trading Down 1.8 %

Shares of American Water Works stock opened at $140.84 on Thursday. The firm has a market cap of $27.46 billion, a PE ratio of 26.13, a PEG ratio of 2.80 and a beta of 0.69. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.39 and a quick ratio of 0.35. American Water Works has a 1 year low of $113.34 and a 1 year high of $152.07. The company has a 50 day simple moving average of $128.45 and a two-hundred day simple moving average of $134.46.

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American Water Works (NYSE:AWK - Get Free Report) last announced 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. 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%. Analysts expect that American Water Works will post 5.71 earnings per share for the current fiscal year.

Hedge Funds Weigh In On American Water Works

Institutional investors have recently bought and sold shares of the stock. IHT Wealth Management LLC increased its stake in shares of American Water Works by 1.2% during 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. increased its stake in shares of American Water Works by 31.7% during 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 increased its stake in shares of American Water Works by 0.3% during 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 increased its stake in shares of American Water Works by 4.6% during 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 increased its position in shares of American Water Works by 29.0% during the fourth quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider's stock valued at $50,000 after acquiring an additional 90 shares in the last quarter. 86.58% of the stock is owned by institutional investors.

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.

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