American Water Works Company, Inc. (NYSE:AWK) Stake Trimmed by Russell Investments Group Ltd.

Russell Investments Group Ltd. decreased its position in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 201,315 shares of the utilities provider's stock after selling 13,756 shares during the quarter. Russell Investments Group Ltd. owned 0.10% of American Water Works worth $25,059,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Bleakley Financial Group LLC grew its position in shares of American Water Works by 4.6% in the 4th quarter. Bleakley Financial Group LLC now owns 2,012 shares of the utilities provider's stock worth $250,000 after acquiring an additional 89 shares in the last quarter. Rosenberg Matthew Hamilton raised its stake in 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 acquiring an additional 90 shares during the period. Summit Financial LLC boosted its stake in American Water Works by 1.1% in the fourth quarter. Summit Financial LLC now owns 8,438 shares of the utilities provider's stock valued at $1,051,000 after acquiring an additional 92 shares during the period. Glenview Trust co raised its position in shares of American Water Works by 1.9% during the 4th 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. Finally, Parallel Advisors LLC lifted its holdings in shares of American Water Works by 2.4% in the 4th quarter. Parallel Advisors LLC now owns 4,241 shares of the utilities provider's stock worth $528,000 after purchasing 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 Ratings Changes

Several equities analysts have recently issued reports on AWK shares. StockNews.com raised shares of American Water Works from a "sell" rating to a "hold" rating in a report on Friday, April 4th. Wells Fargo & Company boosted their price objective on 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. Finally, JPMorgan Chase & Co. cut their target price on 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. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $141.86.

American Water Works Price Performance

Shares of American Water Works stock traded up $1.59 during trading on Monday, hitting $147.68. The stock had a trading volume of 210,135 shares, compared to its average volume of 1,556,399. The business has a fifty day moving average of $137.81 and a two-hundred day moving average of $134.14. The firm has a market cap of $28.80 billion, a P/E ratio of 27.40, a PEG ratio of 2.80 and a beta of 0.68. American Water Works Company, Inc. has a fifty-two week low of $113.34 and a fifty-two week high of $155.50. 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 posted its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share for the quarter, beating 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 company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.11 billion. On average, sell-side analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal 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.