American Water Works Company, Inc. (NYSE:AWK) Shares Sold by Dearborn Partners LLC

Dearborn Partners LLC lowered its stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 1.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 218,953 shares of the utilities provider's stock after selling 4,111 shares during the period. Dearborn Partners LLC owned approximately 0.11% of American Water Works worth $27,257,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in AWK. IHT Wealth Management LLC boosted its position in shares of American Water Works by 1.2% during the third quarter. IHT Wealth Management LLC now owns 6,424 shares of the utilities provider's stock worth $938,000 after buying an additional 76 shares during the period. Assetmark Inc. boosted its holdings in 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 during the period. Brookfield Corp ON grew its position in American Water Works by 0.3% in the 3rd quarter. Brookfield Corp ON now owns 32,601 shares of the utilities provider's stock valued at $4,768,000 after acquiring an additional 89 shares in the last quarter. Bleakley Financial Group LLC increased its stake in American Water Works by 4.6% during the fourth quarter. Bleakley Financial Group LLC now owns 2,012 shares of the utilities provider's stock worth $250,000 after purchasing an additional 89 shares during the period. Finally, Rosenberg Matthew Hamilton lifted its position in shares of 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 purchasing an additional 90 shares in the last quarter. Institutional investors and hedge funds own 86.58% of the company's stock.

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Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AWK shares. JPMorgan Chase & Co. cut their target price on shares of American Water Works from $147.00 to $128.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 28th. Wells Fargo & Company upped their price objective on American Water Works from $129.00 to $133.00 and gave the stock an "equal weight" rating in a research report on Thursday, February 20th. StockNews.com upgraded American Water Works from a "sell" rating to a "hold" rating in a report on Tuesday. Finally, UBS Group upgraded 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 given a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $140.57.

American Water Works Stock Down 2.0 %

Shares of NYSE AWK traded down $2.90 during midday trading on Wednesday, hitting $140.53. 940,933 shares of the company's stock were exchanged, compared to its average volume of 1,425,038. 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 twelve month low of $113.34 and a twelve month high of $152.07. The company has a market cap of $27.40 billion, a PE ratio of 26.02, a P/E/G ratio of 2.80 and a beta of 0.69. The firm's fifty day simple moving average is $128.12 and its 200-day simple moving average is $134.42.

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

About American Water Works

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.