American Water Works Company, Inc. (NYSE:AWK) Shares Bought by Sei Investments Co.

Sei Investments Co. grew its position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 5.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 545,764 shares of the utilities provider's stock after purchasing an additional 29,041 shares during the period. Sei Investments Co. owned 0.28% of American Water Works worth $67,942,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nordea Investment Management AB increased its stake in American Water Works by 5.5% in the fourth quarter. Nordea Investment Management AB now owns 2,418,102 shares of the utilities provider's stock valued at $300,739,000 after purchasing an additional 125,128 shares during the last quarter. Sovran Advisors LLC acquired a new position in shares of American Water Works during the 4th quarter valued at about $277,000. M&T Bank Corp increased its stake in shares of American Water Works by 3.3% during the 4th quarter. M&T Bank Corp now owns 65,249 shares of the utilities provider's stock valued at $8,123,000 after acquiring an additional 2,113 shares during the last quarter. Czech National Bank lifted its holdings in shares of American Water Works by 6.5% during the 4th quarter. Czech National Bank now owns 42,257 shares of the utilities provider's stock worth $5,261,000 after acquiring an additional 2,562 shares during the period. Finally, Swedbank AB boosted its position in shares of American Water Works by 65.5% in the third quarter. Swedbank AB now owns 106,383 shares of the utilities provider's stock worth $15,557,000 after acquiring an additional 42,094 shares during the last quarter. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

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American Water Works Stock Up 1.5 %

NYSE AWK traded up $2.11 during trading hours on Thursday, hitting $143.24. The company had a trading volume of 1,346,447 shares, compared to its average volume of 1,146,035. The firm's 50 day moving average is $132.39 and its 200 day moving average is $134.42. 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 Company, Inc. has a fifty-two week low of $113.34 and a fifty-two week high of $152.07. The company has a market capitalization 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 posted its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.13 by $0.09. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.11 billion. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. Sell-side analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on AWK shares. StockNews.com downgraded shares of American Water Works from a "hold" rating to a "sell" rating in a research note on Wednesday, March 19th. Wells Fargo & Company increased their target price 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. lowered their price target on American Water Works from $147.00 to $128.00 and set a "neutral" rating for the company in a research report on Tuesday, January 28th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, American Water Works has a consensus rating of "Hold" and an average target price of $141.86.

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.