Generali Investments CEE investicni spolecnost a.s. Purchases Shares of 5,900 American Water Works Company, Inc. (NYSE:AWK)

Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,900 shares of the utilities provider's stock, valued at approximately $734,000.

Other large investors have also recently made changes to their positions in the company. IHT Wealth Management LLC lifted its stake in American Water Works by 1.2% in the 3rd quarter. IHT Wealth Management LLC now owns 6,424 shares of the utilities provider's stock worth $938,000 after acquiring an additional 76 shares in the last quarter. Assetmark Inc. increased its holdings in shares of American Water Works by 31.7% in the 3rd quarter. Assetmark Inc. now owns 370 shares of the utilities provider's stock valued at $54,000 after purchasing an additional 89 shares during the period. Brookfield Corp ON lifted its position in shares of American Water Works by 0.3% in the third quarter. Brookfield Corp ON now owns 32,601 shares of the utilities provider's stock worth $4,768,000 after purchasing an additional 89 shares in the last quarter. Bleakley Financial Group LLC lifted its position in shares of American Water Works by 4.6% in 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 in the last quarter. Finally, Rosenberg Matthew Hamilton increased its position in American Water Works by 29.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider's stock worth $50,000 after purchasing an additional 90 shares during the last quarter. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. decreased their price objective on shares of American Water Works from $147.00 to $128.00 and set a "neutral" rating for the company in a report 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 report on Thursday, February 20th. UBS Group raised shares of American Water Works from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $151.00 to $155.00 in a research report on Tuesday, November 19th. Finally, StockNews.com raised American Water Works from a "sell" rating to a "hold" rating in a research report on Tuesday. Two 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. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $140.57.

American Water Works Stock Down 1.8 %

Shares of AWK traded down $2.59 during trading hours on Wednesday, hitting $140.84. The stock had a trading volume of 1,919,276 shares, compared to its average volume of 1,446,416. 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 firm has a 50 day simple moving average of $128.12 and a 200-day simple moving average of $134.42. The firm has a market capitalization of $27.46 billion, a P/E ratio of 26.13, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69.

American Water Works (NYSE:AWK - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $1.11 billion. Sell-side analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal 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.