One Charles Private Wealth Services LLC decreased its holdings in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 15.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,067 shares of the utilities provider's stock after selling 3,639 shares during the quarter. American Water Works accounts for about 0.8% of One Charles Private Wealth Services LLC's investment portfolio, making the stock its 22nd largest position. One Charles Private Wealth Services LLC's holdings in American Water Works were worth $2,498,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Crews Bank & Trust purchased a new stake in American Water Works in the 4th quarter worth approximately $26,000. Providence First Trust Co bought a new stake in shares of American Water Works during the 4th quarter valued at $27,000. Whipplewood Advisors LLC purchased a new position in shares of American Water Works during the 4th quarter valued at $28,000. EverSource Wealth Advisors LLC boosted its holdings in American Water Works by 54.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider's stock worth $36,000 after buying an additional 103 shares during the period. Finally, Flagship Wealth Advisors LLC purchased a new stake in American Water Works in the 4th quarter worth $47,000. Institutional investors own 86.58% of the company's stock.
American Water Works Trading Down 0.3 %
NYSE AWK traded down $0.38 during trading on Tuesday, hitting $139.32. The stock had a trading volume of 1,729,395 shares, compared to its average volume of 1,144,657. The stock has a market capitalization of $27.16 billion, a price-to-earnings ratio of 25.85, a P/E/G ratio of 2.80 and a beta of 0.69. The stock has a 50 day simple moving average of $131.71 and a 200 day simple moving average of $134.41. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $152.07. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.35 and a current ratio of 0.39.
American Water Works (NYSE:AWK - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, topping analysts' consensus estimates of $1.13 by $0.09. The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.11 billion. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. Sell-side analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on AWK. 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. StockNews.com lowered American Water Works from a "hold" rating to a "sell" rating in a research report on Wednesday, March 19th. Finally, JPMorgan Chase & Co. decreased their target price 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. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $141.86.
Read Our Latest Stock Report on American Water Works
American Water Works Profile
(
Free Report)
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.
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