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

Royal London Asset Management Ltd. reduced its stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 0.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 256,153 shares of the utilities provider's stock after selling 2,222 shares during the period. Royal London Asset Management Ltd. owned approximately 0.13% of American Water Works worth $31,888,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Crews Bank & Trust acquired a new stake in American Water Works during the fourth quarter worth about $26,000. Providence First Trust Co purchased a new stake in American Water Works in the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC acquired a new stake in shares of American Water Works during the 4th quarter worth approximately $28,000. EverSource Wealth Advisors LLC grew its stake in shares of American Water Works by 54.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider's stock worth $36,000 after purchasing an additional 103 shares during the period. Finally, Flagship Wealth Advisors LLC acquired a new position in shares of American Water Works in the 4th quarter valued at $47,000. Hedge funds and other institutional investors own 86.58% of the company's stock.

American Water Works Price Performance

Shares of NYSE:AWK traded down $0.38 during midday trading on Tuesday, hitting $139.32. The company's stock had a trading volume of 1,729,395 shares, compared to its average volume of 1,144,657. The company has a market cap of $27.16 billion, a P/E ratio of 25.85, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69. American Water Works Company, Inc. has a 12-month low of $113.34 and a 12-month high of $152.07. The business's 50 day simple moving average is $131.71 and its 200 day simple moving average is $134.41. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.35 and a current ratio of 0.39.

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American Water Works (NYSE:AWK - Get Free Report) last issued its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.11 billion. On average, analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AWK. Wells Fargo & Company upped their price objective on shares of 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. StockNews.com cut American Water Works from a "hold" rating to a "sell" rating in a research report on Wednesday, March 19th. Finally, JPMorgan Chase & Co. decreased their target price 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. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price 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.