TD Waterhouse Canada Inc. Reduces Holdings in American Water Works Company, Inc. (NYSE:AWK)

TD Waterhouse Canada Inc. decreased its holdings in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) by 87.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,566 shares of the utilities provider's stock after selling 30,859 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in American Water Works were worth $568,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AWK. Barclays PLC raised its holdings in American Water Works by 1.0% in the 3rd quarter. Barclays PLC now owns 376,348 shares of the utilities provider's stock valued at $55,037,000 after buying an additional 3,560 shares during the period. World Investment Advisors LLC purchased a new stake in shares of American Water Works in the 3rd quarter valued at approximately $716,000. Wilmington Savings Fund Society FSB lifted its holdings in shares of American Water Works by 4.3% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 54,677 shares of the utilities provider's stock worth $7,996,000 after acquiring an additional 2,269 shares during the last quarter. Synovus Financial Corp purchased a new position in shares of American Water Works during the 3rd quarter worth approximately $221,000. Finally, Franklin Resources Inc. increased its holdings in American Water Works by 3.0% in the 3rd quarter. Franklin Resources Inc. now owns 1,034,221 shares of the utilities provider's stock valued at $145,170,000 after purchasing an additional 29,961 shares during the last quarter. Hedge funds and other institutional investors own 86.58% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AWK. UBS Group lowered American Water Works from a "strong-buy" rating to a "hold" rating in a research report on Friday. Barclays assumed coverage on American Water Works in a research report on Tuesday, April 22nd. They issued an "underweight" rating and a $138.00 target price for the company. Wells Fargo & Company increased their price target on shares of 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. StockNews.com raised shares of American Water Works from a "sell" rating to a "hold" rating in a research note on Friday, April 4th. Finally, JPMorgan Chase & Co. decreased their price target 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. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $142.00.

American Water Works Stock Up 1.2 %

Shares of American Water Works stock traded up $1.76 during trading on Tuesday, hitting $146.03. 1,205,515 shares of the stock were exchanged, compared to its average volume of 1,225,222. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.39 and a quick ratio of 0.35. The firm's 50-day moving average price is $142.60 and its 200 day moving average price is $134.57. The stock has a market cap of $28.48 billion, a price-to-earnings ratio of 27.09, a price-to-earnings-growth ratio of 2.80 and a beta of 0.68. American Water Works Company, Inc. has a 12-month low of $118.74 and a 12-month high of $155.50.

American Water Works (NYSE:AWK - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $1.11 billion. As a group, analysts forecast 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.