Chesapeake Capital Corp IL Buys Shares of 4,963 American Water Works Company, Inc. (NYSE:AWK)

Chesapeake Capital Corp IL purchased a new position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,963 shares of the utilities provider's stock, valued at approximately $618,000.

Other large investors also recently modified their holdings of the company. Crews Bank & Trust acquired a new stake in American Water Works during the 4th quarter worth approximately $26,000. Providence First Trust Co purchased a new stake in American Water Works during the fourth quarter worth approximately $27,000. Whipplewood Advisors LLC acquired a new stake in shares of American Water Works in the fourth quarter worth $28,000. EverSource Wealth Advisors LLC raised its stake in shares of American Water Works by 54.2% in the 4th 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, Assetmark Inc. lifted its holdings in shares of American Water Works by 31.7% during the 3rd quarter. Assetmark Inc. now owns 370 shares of the utilities provider's stock valued at $54,000 after acquiring an additional 89 shares in the last quarter. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

American Water Works Stock Down 0.6 %

AWK traded down $0.91 on Friday, reaching $140.90. The company's stock had a trading volume of 2,605,712 shares, compared to its average volume of 1,144,972. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.39 and a quick ratio of 0.35. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $152.07. The business's 50 day moving average is $131.33 and its 200 day moving average is $134.51. The stock has a market cap of $27.47 billion, a price-to-earnings ratio of 26.14, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69.

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AWK. Wells Fargo & Company increased their price target on American Water Works from $133.00 to $142.00 and gave the company an "equal weight" rating in a report on Thursday, March 13th. StockNews.com lowered American Water Works from a "hold" rating to a "sell" rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. reduced their price target on 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. Three analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $141.86.

American Water Works 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.