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Texas Yale Capital Corp. Trims Position in American Water Works Company, Inc. (NYSE:AWK)

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Texas Yale Capital Corp. lessened its stake in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 17.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,125 shares of the utilities provider's stock after selling 1,915 shares during the period. Texas Yale Capital Corp.'s holdings in American Water Works were worth $1,136,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in shares of American Water Works by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 25,107,225 shares of the utilities provider's stock worth $3,125,598,000 after acquiring an additional 217,582 shares during the period. Geode Capital Management LLC lifted its position in American Water Works by 2.3% in the fourth quarter. Geode Capital Management LLC now owns 4,671,050 shares of the utilities provider's stock valued at $579,981,000 after purchasing an additional 106,857 shares during the period. Amundi boosted its holdings in American Water Works by 11.9% in the 4th quarter. Amundi now owns 4,490,423 shares of the utilities provider's stock valued at $553,687,000 after purchasing an additional 477,411 shares in the last quarter. Victory Capital Management Inc. increased its position in American Water Works by 120.7% during the 4th quarter. Victory Capital Management Inc. now owns 3,174,395 shares of the utilities provider's stock worth $395,180,000 after purchasing an additional 1,736,258 shares during the period. Finally, Invesco Ltd. raised its stake in shares of American Water Works by 15.2% during the 4th quarter. Invesco Ltd. now owns 3,142,465 shares of the utilities provider's stock worth $391,205,000 after buying an additional 414,568 shares in the last quarter. 86.58% of the stock is owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

A number of research firms recently weighed in on AWK. Wells Fargo & Company lifted their price target on 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. StockNews.com upgraded shares of American Water Works from a "sell" rating to a "hold" rating in a research report on Friday, April 4th. Finally, JPMorgan Chase & Co. lowered their price target on shares of 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 given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, American Water Works has an average rating of "Hold" and a consensus target price of $141.86.

Read Our Latest Report on AWK

American Water Works Price Performance

Shares of NYSE AWK traded down $0.88 on Tuesday, hitting $147.95. The company's stock had a trading volume of 347,246 shares, compared to its average volume of 1,235,764. 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 12-month low of $113.34 and a 12-month high of $155.50. The company has a market capitalization of $28.85 billion, a price-to-earnings ratio of 27.45, a price-to-earnings-growth ratio of 2.80 and a beta of 0.68. The stock has a 50 day moving average of $138.31 and a 200-day moving average of $134.17.

American Water Works (NYSE:AWK - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share for the quarter, topping 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 company had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.11 billion. As a group, research analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current year.

American Water Works Profile

(Free Report)

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.

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Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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