Partners Group Holding AG Lowers Position in American Water Works Company, Inc. (NYSE:AWK)

Partners Group Holding AG trimmed its stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 449,308 shares of the utilities provider's stock after selling 11,241 shares during the quarter. American Water Works comprises about 2.0% of Partners Group Holding AG's holdings, making the stock its 7th biggest position. Partners Group Holding AG owned 0.23% of American Water Works worth $55,934,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AWK. IHT Wealth Management LLC grew its stake in shares of 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 valued at $938,000 after buying an additional 76 shares during the period. Brookfield Corp ON boosted its holdings in 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 acquiring an additional 89 shares in the last quarter. Bleakley Financial Group LLC grew its stake in American Water Works by 4.6% in the fourth quarter. Bleakley Financial Group LLC now owns 2,012 shares of the utilities provider's stock valued at $250,000 after acquiring an additional 89 shares during the period. Rosenberg Matthew Hamilton increased 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 valued at $50,000 after acquiring an additional 90 shares in the last quarter. Finally, Glenview Trust co raised its position in shares of American Water Works by 1.9% during the fourth quarter. Glenview Trust co now owns 4,986 shares of the utilities provider's stock worth $621,000 after purchasing an additional 93 shares during the period. 86.58% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

AWK has been the subject of several research reports. StockNews.com downgraded shares of American Water Works from a "hold" rating to a "sell" rating in a research report on Wednesday, March 19th. JPMorgan Chase & Co. dropped their price objective 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, Wells Fargo & Company boosted their target price on shares of American Water Works from $133.00 to $142.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 13th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $141.86.

American Water Works Stock Up 1.5 %

AWK traded up $2.11 during mid-day trading on Thursday, reaching $143.24. 1,346,447 shares of the stock were exchanged, compared to its average volume of 1,143,399. 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 quick ratio of 0.35 and a current ratio of 0.39. The stock has a market capitalization of $27.92 billion, a PE ratio of 26.58, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69. The company has a 50 day moving average price of $132.73 and a two-hundred day moving average price of $134.49.

American Water Works (NYSE:AWK - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.11 billion. As a group, research analysts anticipate that American Water Works Company, Inc. will post 5.71 EPS 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.