American Water Works Company, Inc. (NYSE:AWK) Stock Position Decreased by Davis R M Inc.

Davis R M Inc. lessened its stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 3.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 324,113 shares of the utilities provider's stock after selling 10,095 shares during the quarter. Davis R M Inc. owned about 0.17% of American Water Works worth $40,349,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Crews Bank & Trust acquired a new stake in shares of American Water Works during the 4th quarter worth about $26,000. Providence First Trust Co purchased a new stake in American Water Works in the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC purchased a new stake in American Water Works in the 4th quarter worth approximately $28,000. Ashton Thomas Securities LLC acquired a new position in American Water Works in the 3rd quarter valued at $51,000. Finally, Assetmark Inc. boosted its stake in American Water Works by 31.7% in the 3rd quarter. Assetmark Inc. now owns 370 shares of the utilities provider's stock worth $54,000 after buying an additional 89 shares during the last quarter. Hedge funds and other institutional investors own 86.58% of the company's stock.

Analysts Set New Price Targets

AWK has been the subject of a number of research analyst reports. Wells Fargo & Company upped their price objective on shares of American Water Works from $129.00 to $133.00 and gave the company an "equal weight" rating in a research note on Thursday, February 20th. JPMorgan Chase & Co. lowered their price target on American Water Works from $147.00 to $128.00 and set a "neutral" rating for the company in a research report on Tuesday, January 28th. StockNews.com upgraded shares of American Water Works from a "sell" rating to a "hold" rating in a research note on Tuesday. Finally, UBS Group upgraded shares of American Water Works from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, American Water Works has an average rating of "Hold" and an average target price of $140.57.

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American Water Works Trading Down 2.2 %

Shares of American Water Works stock traded down $3.15 on Wednesday, reaching $140.28. 940,933 shares of the company were exchanged, compared to its average volume of 1,425,038. The company has a current ratio of 0.39, a quick ratio of 0.35 and a debt-to-equity ratio of 1.21. American Water Works Company, Inc. has a fifty-two week low of $113.34 and a fifty-two week high of $152.07. The firm has a market capitalization of $27.35 billion, a price-to-earnings ratio of 26.02, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69. The stock has a fifty day moving average price of $128.12 and a 200-day moving average price of $134.42.

American Water Works (NYSE:AWK - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating analysts' consensus estimates of $1.13 by $0.09. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.11 billion. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. On average, analysts expect 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.