Lbp Am Sa Sells 19,794 Shares of American Water Works Company, Inc. (NYSE:AWK)

LBP AM SA lessened its stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 18.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 88,420 shares of the utilities provider's stock after selling 19,794 shares during the period. LBP AM SA's holdings in American Water Works were worth $11,007,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of AWK. Crews Bank & Trust bought a new stake in American Water Works during the fourth quarter valued at about $26,000. Providence First Trust Co purchased a new position in shares of American Water Works in the fourth quarter valued at about $27,000. Whipplewood Advisors LLC purchased a new position in shares of American Water Works in the fourth quarter valued at about $28,000. EverSource Wealth Advisors LLC lifted its position in shares of American Water Works by 54.2% in the fourth 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 in the last quarter. Finally, Stonebridge Financial Group LLC purchased a new position in shares of American Water Works in the fourth quarter valued at about $48,000. Institutional investors own 86.58% of the company's stock.

American Water Works Trading Down 1.8 %

NYSE AWK traded down $2.57 during trading hours on Wednesday, hitting $142.18. 1,548,502 shares of the company were exchanged, compared to its average volume of 1,137,345. The stock has a 50-day moving average price of $130.16 and a 200 day moving average price of $134.49. The company has a quick ratio of 0.35, a current ratio of 0.39 and a debt-to-equity ratio of 1.21. American Water Works Company, Inc. has a 52 week low of $113.34 and a 52 week high of $152.07. The stock has a market cap of $27.72 billion, a PE ratio of 26.38, 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 issued its quarterly earnings data 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 company had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.11 billion. Analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on AWK shares. Wells Fargo & Company boosted their price objective on American Water Works from $133.00 to $142.00 and gave the company an "equal weight" rating in a research report on Thursday, March 13th. JPMorgan Chase & Co. lowered their price objective 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. StockNews.com upgraded American Water Works from a "sell" rating to a "hold" rating in a research report on Tuesday, March 11th. Finally, UBS Group upgraded American Water Works from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $151.00 to $155.00 in a research report on Tuesday, November 19th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target 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.