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

Natixis Advisors LLC decreased its stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 3.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,345 shares of the utilities provider's stock after selling 2,253 shares during the quarter. Natixis Advisors LLC's holdings in American Water Works were worth $9,131,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. IHT Wealth Management LLC raised 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 during the last quarter. Brookfield Corp ON raised its stake 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 during the last quarter. Bleakley Financial Group LLC lifted its holdings in shares of 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. Rosenberg Matthew Hamilton lifted its holdings 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 during the period. Finally, Prospera Financial Services Inc boosted its position in American Water Works by 2.0% in the third quarter. Prospera Financial Services Inc now owns 4,897 shares of the utilities provider's stock valued at $716,000 after buying an additional 98 shares during the last quarter. Hedge funds and other institutional investors own 86.58% of the company's stock.

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Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on AWK shares. Wells Fargo & Company lifted their price objective on shares of 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 target price 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. Finally, StockNews.com lowered shares of American Water Works from a "hold" rating to a "sell" rating in a report on Wednesday, March 19th. Three research 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, the company currently has an average rating of "Hold" and an average price target of $141.86.

American Water Works Stock Performance

AWK stock traded down $0.38 during midday trading on Tuesday, hitting $139.32. 1,729,365 shares of the stock traded hands, compared to its average volume of 1,144,657. American Water Works Company, Inc. has a 1-year low of $113.34 and a 1-year high of $152.07. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.39 and a quick ratio of 0.35. The stock's fifty day simple moving average is $131.71 and its 200-day simple moving average is $134.41. The firm has a market cap of $27.16 billion, a P/E ratio of 25.85, a PEG ratio of 2.80 and a beta of 0.69.

American Water Works (NYSE:AWK - Get Free Report) last posted its 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 firm had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.11 billion. On average, analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

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.