American Water Works Company, Inc. (NYSE:AWK) Shares Sold by Aviva PLC

Aviva PLC cut its holdings in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 38.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 134,273 shares of the utilities provider's stock after selling 85,355 shares during the period. Aviva PLC owned about 0.07% of American Water Works worth $16,716,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of American Water Works in the 4th quarter worth about $294,524,000. Victory Capital Management Inc. lifted its stake in American Water Works by 120.7% in the fourth quarter. Victory Capital Management Inc. now owns 3,174,395 shares of the utilities provider's stock worth $395,180,000 after acquiring an additional 1,736,258 shares during the period. Groupama Asset Managment lifted its position in shares of American Water Works by 4,227.0% in the 3rd quarter. Groupama Asset Managment now owns 711,927 shares of the utilities provider's stock worth $104,000 after purchasing an additional 695,474 shares during the period. Raymond James Financial Inc. purchased a new stake in American Water Works during the fourth quarter worth $71,120,000. Finally, Amundi boosted its position in American Water Works by 11.9% during the fourth quarter. Amundi now owns 4,490,423 shares of the utilities provider's stock valued at $553,687,000 after purchasing an additional 477,411 shares in the last quarter. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

American Water Works Trading Up 2.0 %

Shares of American Water Works stock traded up $2.91 during mid-day trading on Friday, hitting $146.06. The stock had a trading volume of 1,548,978 shares, compared to its average volume of 1,239,784. The firm has a 50-day moving average of $137.81 and a two-hundred day moving average of $134.14. The company has a quick ratio of 0.35, a current ratio of 0.39 and a debt-to-equity ratio of 1.21. The firm has a market cap of $28.48 billion, a P/E ratio of 27.10, a price-to-earnings-growth ratio of 2.80 and a beta of 0.68. American Water Works Company, Inc. has a 12-month low of $113.34 and a 12-month high of $155.50.

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American Water Works (NYSE:AWK - Get Free Report) last announced its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating 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 company had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.11 billion. Sell-side analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

Analyst Upgrades and Downgrades

AWK has been the topic of several analyst reports. Wells Fargo & Company lifted their price target on shares of American Water Works from $133.00 to $142.00 and gave the stock an "equal weight" rating in a report on Thursday, March 13th. JPMorgan Chase & Co. dropped their price objective on shares of American Water Works from $147.00 to $128.00 and set a "neutral" rating on the stock in a report on Tuesday, January 28th. Finally, StockNews.com raised American Water Works from a "sell" rating to a "hold" rating in a report on Friday, April 4th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target 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.