2,063 Shares in American Water Works Company, Inc. (NYSE:AWK) Purchased by Blankinship & Foster LLC

Blankinship & Foster LLC purchased a new stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,063 shares of the utilities provider's stock, valued at approximately $257,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Crews Bank & Trust purchased a new stake in American Water Works in the 4th quarter worth approximately $26,000. Providence First Trust Co bought a new position in shares of American Water Works in the fourth quarter worth $27,000. Whipplewood Advisors LLC purchased a new stake in shares of American Water Works in the fourth quarter worth $28,000. Stonebridge Financial Group LLC bought a new stake in American Water Works during the fourth quarter valued at $48,000. Finally, Rosenberg Matthew Hamilton grew its position in American Water Works by 29.0% during the fourth quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider's stock worth $50,000 after buying an additional 90 shares in the last quarter. 86.58% of the stock is currently owned by institutional investors.

American Water Works Trading Down 1.8 %

Shares of AWK traded down $2.59 during trading hours on Wednesday, hitting $140.84. The company had a trading volume of 1,919,276 shares, compared to its average volume of 1,446,417. American Water Works Company, Inc. has a 52-week low of $113.34 and a 52-week high of $152.07. 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 stock's 50 day moving average price is $128.12 and its 200 day moving average price is $134.42. The firm has a market cap of $27.46 billion, a P/E ratio of 26.13, a P/E/G ratio of 2.80 and a beta of 0.69.

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American Water Works (NYSE:AWK - Get Free Report) last announced its quarterly 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 net margin of 22.44% and a return on equity of 10.29%. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.11 billion. On average, research analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on AWK. Wells Fargo & Company raised their price target on American Water Works from $129.00 to $133.00 and gave the company an "equal weight" rating in a report on Thursday, February 20th. JPMorgan Chase & Co. decreased 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 research report on Tuesday, January 28th. UBS Group upgraded shares of American Water Works from a "neutral" rating to a "buy" rating and lifted their target price for the company from $151.00 to $155.00 in a research report on Tuesday, November 19th. Finally, StockNews.com raised shares of American Water Works from a "sell" rating to a "hold" rating in a report on Tuesday. 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 company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $140.57.

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.