Quantbot Technologies LP Buys Shares of 13,474 American Water Works Company, Inc. (NYSE:AWK)

Quantbot Technologies LP bought a new stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 13,474 shares of the utilities provider's stock, valued at approximately $1,677,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Sciencast Management LP bought a new position in American Water Works during the 4th quarter valued at about $507,000. Lee Danner & Bass Inc. purchased a new stake in American Water Works during the fourth quarter valued at approximately $81,000. Blueshift Asset Management LLC purchased a new stake in shares of American Water Works in the 4th quarter worth $250,000. Lingohr Asset Management GmbH bought a new stake in American Water Works during the fourth quarter valued at about $211,000. Finally, Magnetar Financial LLC bought a new position in shares of American Water Works in the fourth quarter worth about $1,613,000. Institutional investors own 86.58% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Wells Fargo & Company lifted 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 note on Thursday, March 13th. JPMorgan Chase & Co. cut their price objective 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 cut shares of American Water Works from a "hold" rating to a "sell" rating in a research report on Wednesday, March 19th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, American Water Works currently has a consensus rating of "Hold" and an average price target of $141.86.

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American Water Works Price Performance

AWK traded up $2.11 during trading hours on Thursday, hitting $143.24. The company's stock had a trading volume of 1,346,447 shares, compared to its average volume of 1,143,399. American Water Works Company, Inc. has a 12 month low of $113.34 and a 12 month high of $152.07. 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 business's 50-day moving average price is $132.73 and its 200-day moving average price is $134.49. The stock has a market cap of $27.92 billion, a price-to-earnings ratio of 26.58, a P/E/G ratio of 2.80 and a beta of 0.69.

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 (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.09. The firm had revenue of $1.20 billion for the quarter, compared to analysts' expectations 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 expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

About American Water Works

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.