American Water Works Company, Inc. (NYSE:AWK) Shares Sold by Swiss National Bank

Swiss National Bank reduced its position in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 4.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 550,500 shares of the utilities provider's stock after selling 27,700 shares during the period. Swiss National Bank owned 0.28% of American Water Works worth $68,532,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of AWK. Crews Bank & Trust acquired a new stake in shares of American Water Works during the 4th quarter worth about $26,000. Providence First Trust Co acquired a new stake in shares of American Water Works during the 4th quarter worth about $27,000. Whipplewood Advisors LLC acquired a new stake in shares of American Water Works during the 4th quarter worth about $28,000. EverSource Wealth Advisors LLC boosted its stake in shares of American Water Works by 54.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider's stock worth $36,000 after purchasing an additional 103 shares during the last quarter. Finally, Stonebridge Financial Group LLC acquired a new stake in shares of American Water Works during the 4th quarter worth about $48,000. 86.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on AWK. JPMorgan Chase & Co. cut 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 report on Tuesday, January 28th. UBS Group upgraded shares of American Water Works from a "neutral" rating to a "buy" rating and raised their price target for the company from $151.00 to $155.00 in a report on Tuesday, November 19th. Wells Fargo & Company lifted their price objective 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. Finally, StockNews.com raised shares of American Water Works from a "sell" rating to a "hold" rating in a research report on Tuesday, March 11th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, American Water Works has a consensus rating of "Hold" and a consensus price target of $141.86.

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American Water Works Stock Performance

AWK stock traded down $2.57 during trading on Wednesday, hitting $142.18. 1,548,381 shares of the company's stock traded hands, compared to its average volume of 1,448,892. The company has a quick ratio of 0.35, a current ratio of 0.39 and a debt-to-equity ratio of 1.21. American Water Works Company, Inc. has a 52 week low of $113.34 and a 52 week high of $152.07. The stock has a fifty day moving average price of $130.16 and a two-hundred day moving average price of $134.49. The stock has a market capitalization of $27.72 billion, a price-to-earnings ratio of 26.38, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69.

American Water Works (NYSE:AWK - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, topping the consensus estimate 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 net margin of 22.44% and a return on equity of 10.29%. As a group, equities analysts anticipate that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal 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.