CenterBook Partners LP Raises Holdings in American Water Works Company, Inc. (NYSE:AWK)

CenterBook Partners LP raised its holdings in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 71.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,227 shares of the utilities provider's stock after buying an additional 3,419 shares during the period. CenterBook Partners LP's holdings in American Water Works were worth $1,024,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of AWK. Vanguard Group Inc. boosted its holdings in American Water Works by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 25,107,225 shares of the utilities provider's stock valued at $3,125,598,000 after acquiring an additional 217,582 shares during the period. Geode Capital Management LLC boosted its stake in shares of American Water Works by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 4,671,050 shares of the utilities provider's stock valued at $579,981,000 after purchasing an additional 106,857 shares during the period. Amundi grew its holdings in shares of American Water Works by 11.9% in the fourth quarter. Amundi now owns 4,490,423 shares of the utilities provider's stock worth $553,687,000 after purchasing an additional 477,411 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of 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 buying an additional 1,736,258 shares during the period. Finally, Invesco Ltd. increased its stake in shares of American Water Works by 15.2% in the fourth quarter. Invesco Ltd. now owns 3,142,465 shares of the utilities provider's stock worth $391,205,000 after buying an additional 414,568 shares during the period. 86.58% of the stock is owned by institutional investors.

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American Water Works Stock Down 0.3 %

Shares of AWK traded down $0.41 during mid-day trading on Wednesday, reaching $146.47. The company had a trading volume of 1,124,572 shares, compared to its average volume of 1,237,182. American Water Works Company, Inc. has a 52 week low of $113.34 and a 52 week high of $155.50. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.35 and a current ratio of 0.39. The company has a market capitalization of $28.56 billion, a price-to-earnings ratio of 27.17, a price-to-earnings-growth ratio of 2.80 and a beta of 0.68. The firm has a 50-day moving average price of $138.77 and a 200 day moving average price of $134.26.

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 analysts' consensus estimates of $1.13 by $0.09. The firm had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.11 billion. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. On average, sell-side analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AWK. Wells Fargo & Company raised 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. StockNews.com raised American Water Works from a "sell" rating to a "hold" rating in a research note on Friday, April 4th. Finally, JPMorgan Chase & Co. dropped 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. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, American Water Works has a consensus rating of "Hold" and a consensus target price of $141.86.

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.