Mirova US LLC Has $194.08 Million Stake in American Water Works Company, Inc. (NYSE:AWK)

Mirova US LLC trimmed its stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,559,036 shares of the utilities provider's stock after selling 45,340 shares during the quarter. American Water Works comprises approximately 2.3% of Mirova US LLC's investment portfolio, making the stock its 19th biggest position. Mirova US LLC owned about 0.80% of American Water Works worth $194,084,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Crews Bank & Trust bought a new position in American Water Works during the fourth quarter worth $26,000. Providence First Trust Co bought a new stake in shares of American Water Works in the fourth quarter valued at about $27,000. Whipplewood Advisors LLC bought a new stake in shares of American Water Works in the fourth quarter valued at about $28,000. EverSource Wealth Advisors LLC boosted 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 during the period. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of American Water Works in the fourth quarter valued at about $47,000. 86.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of 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. reduced their target price on shares of 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. Finally, StockNews.com cut shares of American Water Works from a "hold" rating to a "sell" rating in a research report on Wednesday. Three analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, American Water Works has an average rating of "Hold" and a consensus target price of $141.86.

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American Water Works Price Performance

NYSE AWK traded down $0.91 during trading on Friday, hitting $140.90. 2,605,712 shares of the company's stock were exchanged, compared to its average volume of 1,144,016. The company has a current ratio of 0.39, a quick ratio of 0.35 and a debt-to-equity ratio of 1.21. The company has a market cap of $27.47 billion, a PE ratio of 26.14, a P/E/G ratio of 2.80 and a beta of 0.69. American Water Works Company, Inc. has a fifty-two week low of $113.34 and a fifty-two week high of $152.07. The stock's 50 day moving average price is $131.33 and its two-hundred day moving average price is $134.57.

American Water Works (NYSE:AWK - Get Free Report) last issued its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, topping the consensus estimate of $1.13 by $0.09. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.11 billion. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. Research 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.