American Water Works Company, Inc. (NYSE:AWK) Shares Sold by AGF Management Ltd.

AGF Management Ltd. trimmed its position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 91.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,044 shares of the utilities provider's stock after selling 21,447 shares during the quarter. AGF Management Ltd.'s holdings in American Water Works were worth $254,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Crews Bank & Trust purchased a new stake in American Water Works during the fourth quarter worth $26,000. Providence First Trust Co purchased a new stake in American Water Works during the fourth quarter worth $27,000. Whipplewood Advisors LLC purchased a new stake in shares of American Water Works in the fourth quarter valued at $28,000. Stonebridge Financial Group LLC purchased a new stake in shares of American Water Works in the fourth quarter valued at $48,000. Finally, Rosenberg Matthew Hamilton lifted its position in shares of American Water Works by 29.0% in 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 currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AWK. JPMorgan Chase & Co. reduced their price objective on American Water Works from $147.00 to $128.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 28th. StockNews.com upgraded American Water Works from a "sell" rating to a "hold" rating in a research report on Tuesday, March 11th. 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 research report on Thursday, March 13th. Finally, UBS Group upgraded American Water Works from a "neutral" rating to a "buy" rating and upped their price objective for the company from $151.00 to $155.00 in a research report on Tuesday, November 19th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $141.86.

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American Water Works Trading Down 1.8 %

NYSE AWK traded down $2.57 during trading hours on Wednesday, hitting $142.18. 1,547,102 shares of the company's stock were exchanged, compared to its average volume of 1,137,344. The business's 50 day moving average is $130.16 and its 200-day moving average is $134.49. American Water Works Company, Inc. has a 12-month low of $113.34 and a 12-month high of $152.07. The firm has a market capitalization of $27.72 billion, a P/E ratio of 26.38, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69. 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 (NYSE:AWK - Get Free Report) last released its earnings results 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 return on equity of 10.29% and a net margin of 22.44%. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.11 billion. As a group, analysts anticipate that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

American Water Works 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.