American Water Works Company, Inc. (NYSE:AWK) Shares Bought by National Bank of Canada FI

National Bank of Canada FI grew its holdings in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 34.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 161,463 shares of the utilities provider's stock after purchasing an additional 41,306 shares during the quarter. National Bank of Canada FI owned approximately 0.08% of American Water Works worth $20,104,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Nordea Investment Management AB raised its holdings in shares of American Water Works by 5.5% during the 4th quarter. Nordea Investment Management AB now owns 2,418,102 shares of the utilities provider's stock worth $300,739,000 after acquiring an additional 125,128 shares during the period. Sovran Advisors LLC acquired a new position in American Water Works in the 4th quarter valued at about $277,000. M&T Bank Corp grew its stake in shares of American Water Works by 3.3% in the 4th quarter. M&T Bank Corp now owns 65,249 shares of the utilities provider's stock valued at $8,123,000 after buying an additional 2,113 shares during the period. Czech National Bank raised its position in shares of American Water Works by 6.5% during the 4th quarter. Czech National Bank now owns 42,257 shares of the utilities provider's stock valued at $5,261,000 after buying an additional 2,562 shares during the period. Finally, PFW Advisors LLC acquired a new position in American Water Works in the fourth quarter valued at approximately $1,783,000. Hedge funds and other institutional investors own 86.58% of the company's stock.

Analyst Ratings Changes

AWK has been the topic of several recent analyst reports. Wells Fargo & Company upped their price target on American Water Works from $133.00 to $142.00 and gave the company an "equal weight" rating in a research note on Thursday, March 13th. JPMorgan Chase & Co. reduced their price target 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. Finally, StockNews.com raised American Water Works from a "sell" rating to a "hold" rating in a research report on Friday. Two investment 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, American Water Works presently has an average rating of "Hold" and an average target price of $141.86.

Remove Ads

American Water Works Stock Performance

Shares of AWK traded up $0.97 during mid-day trading on Tuesday, reaching $143.33. 869,121 shares of the company's stock were exchanged, compared to its average volume of 1,519,947. The business's fifty day simple moving average is $135.80 and its 200-day simple moving average is $134.23. American Water Works Company, Inc. has a 52-week low of $113.34 and a 52-week high of $155.50. The stock has a market capitalization of $27.95 billion, a PE ratio of 26.62, a price-to-earnings-growth ratio of 2.80 and a beta of 0.68. 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 (NYSE:AWK - Get Free Report) last announced 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 net margin of 22.44% and a return on equity of 10.29%. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.11 billion. On average, equities research analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share 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.