Stifel Financial Corp Sells 13,728 Shares of American Water Works Company, Inc. (NYSE:AWK)

Stifel Financial Corp trimmed its position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 1.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 931,786 shares of the utilities provider's stock after selling 13,728 shares during the quarter. Stifel Financial Corp owned about 0.48% of American Water Works worth $116,000,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Tower Research Capital LLC TRC raised its holdings in American Water Works by 6.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 17,619 shares of the utilities provider's stock worth $2,193,000 after acquiring an additional 1,134 shares during the last quarter. Mirova lifted its stake in American Water Works by 39.8% during the 4th quarter. Mirova now owns 77,140 shares of the utilities provider's stock valued at $9,603,000 after acquiring an additional 21,967 shares during the period. MetLife Investment Management LLC boosted its holdings in shares of American Water Works by 1.8% during the 4th quarter. MetLife Investment Management LLC now owns 51,584 shares of the utilities provider's stock valued at $6,422,000 after acquiring an additional 916 shares during the last quarter. Norinchukin Bank The grew its stake in shares of American Water Works by 17.8% in the fourth quarter. Norinchukin Bank The now owns 10,482 shares of the utilities provider's stock worth $1,305,000 after acquiring an additional 1,586 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in American Water Works during the fourth quarter valued at approximately $799,000. 86.58% of the stock is currently owned by institutional investors.

American Water Works Price Performance

NYSE:AWK traded down $2.06 during trading hours on Friday, hitting $143.98. 1,342,056 shares of the stock traded hands, compared to its average volume of 1,224,618. The stock has a 50 day moving average price of $141.94 and a 200 day moving average price of $134.51. The company has a quick ratio of 0.35, a current ratio of 0.39 and a debt-to-equity ratio of 1.21. The company has a market cap of $28.08 billion, a price-to-earnings ratio of 26.71, a price-to-earnings-growth ratio of 2.80 and a beta of 0.68. American Water Works Company, Inc. has a 1 year low of $118.74 and a 1 year high of $155.50.

American Water Works (NYSE:AWK - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating analysts' consensus estimates of $1.13 by $0.09. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. The business had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.11 billion. Sell-side analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

Wall Street Analyst Weigh In

AWK has been the subject of a number of research reports. Wells Fargo & Company boosted 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. Barclays began coverage on American Water Works in a report on Tuesday. They issued an "underweight" rating and a $138.00 target price on the stock. UBS Group restated a "neutral" rating and set a $160.00 price target on shares of American Water Works in a research note on Thursday. JPMorgan Chase & Co. cut their target price on shares of 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. Finally, StockNews.com raised shares of American Water Works from a "sell" rating to a "hold" rating in a report on Friday, April 4th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $142.00.

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.