American Century Companies Inc. Has $161.50 Million Position in American Water Works Company, Inc. (NYSE:AWK)

American Century Companies Inc. cut its holdings in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 18.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,297,282 shares of the utilities provider's stock after selling 292,371 shares during the quarter. American Century Companies Inc. owned about 0.67% of American Water Works worth $161,499,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Nordea Investment Management AB boosted its position in shares of American Water Works by 5.5% in the 4th quarter. Nordea Investment Management AB now owns 2,418,102 shares of the utilities provider's stock worth $300,739,000 after purchasing an additional 125,128 shares during the last quarter. Sovran Advisors LLC bought a new position in American Water Works during the 4th quarter worth approximately $277,000. M&T Bank Corp raised its stake in American Water Works by 3.3% during the 4th quarter. M&T Bank Corp now owns 65,249 shares of the utilities provider's stock worth $8,123,000 after buying an additional 2,113 shares during the period. Czech National Bank raised its holdings in shares of American Water Works by 6.5% during the fourth quarter. Czech National Bank now owns 42,257 shares of the utilities provider's stock worth $5,261,000 after acquiring an additional 2,562 shares during the period. Finally, Swedbank AB boosted its stake in shares of American Water Works by 65.5% during the 3rd quarter. Swedbank AB now owns 106,383 shares of the utilities provider's stock worth $15,557,000 after buying an additional 42,094 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company's stock.

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American Water Works Price Performance

Shares of NYSE AWK traded up $2.11 during mid-day trading on Thursday, reaching $143.24. The company had a trading volume of 1,346,447 shares, compared to its average volume of 1,146,035. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $152.07. The business's 50-day simple moving average is $132.39 and its 200 day simple moving average is $134.42. 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 firm has a market cap of $27.92 billion, a price-to-earnings ratio of 26.58, a PEG ratio of 2.80 and a beta of 0.69.

American Water Works (NYSE:AWK - Get Free Report) last issued its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating the consensus estimate of $1.13 by $0.09. The company had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.11 billion. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. On average, research analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. StockNews.com cut American Water Works from a "hold" rating to a "sell" rating in a report on Wednesday, March 19th. Wells Fargo & Company increased their price objective 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. Finally, JPMorgan Chase & Co. reduced their target price on shares of American Water Works from $147.00 to $128.00 and set a "neutral" rating for the company in a research report on Tuesday, January 28th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price 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.