Bryce Point Capital LLC Buys Shares of 3,962 American Water Works Company, Inc. (NYSE:AWK)

Bryce Point Capital LLC purchased a new position in American Water Works Company, Inc. (NYSE:AWK - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,962 shares of the utilities provider's stock, valued at approximately $493,000.

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

Analysts Set New Price Targets

A number of equities analysts have issued reports on AWK shares. JPMorgan Chase & Co. decreased their price target on American Water Works from $147.00 to $128.00 and set a "neutral" rating for the company in a research note on Tuesday, January 28th. StockNews.com raised shares of American Water Works from a "sell" rating to a "hold" rating in a report on Friday, April 4th. Finally, Wells Fargo & Company lifted 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 note on Thursday, March 13th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $141.86.

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American Water Works Trading Down 1.3 %

Shares of AWK traded down $1.87 during midday trading on Wednesday, hitting $139.00. The stock had a trading volume of 2,990,645 shares, compared to its average volume of 1,241,181. 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 firm has a market cap of $27.11 billion, a P/E ratio of 25.79, a price-to-earnings-growth ratio of 2.80 and a beta of 0.68. American Water Works Company, Inc. has a fifty-two week low of $113.34 and a fifty-two week high of $155.50. The business has a 50-day simple moving average of $137.01 and a two-hundred day simple moving average of $134.20.

American Water Works (NYSE:AWK - Get Free Report) last announced its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $1.11 billion. As a group, equities analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current year.

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.