Schroder Investment Management Group Decreases Stake in American Water Works Company, Inc. (NYSE:AWK)

Schroder Investment Management Group lowered its position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 26.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,019 shares of the utilities provider's stock after selling 32,381 shares during the period. Schroder Investment Management Group's holdings in American Water Works were worth $11,308,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. FMR LLC increased its holdings in shares of American Water Works by 11.5% in the 3rd quarter. FMR LLC now owns 353,641 shares of the utilities provider's stock valued at $51,716,000 after acquiring an additional 36,424 shares during the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in American Water Works in the third quarter valued at approximately $1,244,000. Investment Management Corp of Ontario raised its holdings in American Water Works by 51.6% during the third quarter. Investment Management Corp of Ontario now owns 6,466 shares of the utilities provider's stock worth $946,000 after purchasing an additional 2,200 shares in the last quarter. IHT Wealth Management LLC lifted its position in shares of American Water Works by 1.2% during the 3rd quarter. IHT Wealth Management LLC now owns 6,424 shares of the utilities provider's stock worth $938,000 after buying an additional 76 shares during the last quarter. Finally, Resurgent Financial Advisors LLC boosted its holdings in shares of American Water Works by 21.2% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 3,364 shares of the utilities provider's stock valued at $492,000 after buying an additional 588 shares in the last quarter. Hedge funds and other institutional investors own 86.58% of the company's stock.

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Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AWK. Wells Fargo & Company boosted their price target on shares of 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. JPMorgan Chase & Co. decreased their target price on 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. Finally, StockNews.com raised American Water Works from a "sell" rating to a "hold" rating in a research report on Friday. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, American Water Works currently has an average rating of "Hold" and an average price target of $141.86.

American Water Works Stock Performance

Shares of American Water Works stock traded down $1.68 during trading hours on Tuesday, hitting $140.68. 2,723,881 shares of the company were exchanged, compared to its average volume of 1,235,212. The business has a 50-day moving average of $136.41 and a 200-day moving average of $134.23. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $155.50. The company has a current ratio of 0.39, a quick ratio of 0.35 and a debt-to-equity ratio of 1.21. The stock has a market capitalization of $27.43 billion, a price-to-earnings ratio of 26.10, a P/E/G ratio of 2.80 and a beta of 0.68.

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

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.