Two Sigma Securities LLC bought a new stake in shares of American Water Works Company, Inc. (NYSE:AWK - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 5,452 shares of the utilities provider's stock, valued at approximately $679,000.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Nebula Research & Development LLC bought a new stake in American Water Works in the 4th quarter worth about $416,000. Integrated Wealth Concepts LLC boosted its stake in shares of American Water Works by 12.2% in the 4th quarter. Integrated Wealth Concepts LLC now owns 3,382 shares of the utilities provider's stock worth $421,000 after buying an additional 367 shares during the last quarter. Dark Forest Capital Management LP grew its holdings in shares of American Water Works by 170.3% in the fourth quarter. Dark Forest Capital Management LP now owns 5,601 shares of the utilities provider's stock worth $697,000 after acquiring an additional 3,529 shares during the period. Hsbc Holdings PLC increased its position in American Water Works by 15.9% during the fourth quarter. Hsbc Holdings PLC now owns 564,074 shares of the utilities provider's stock valued at $70,185,000 after acquiring an additional 77,552 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in American Water Works by 6.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 17,619 shares of the utilities provider's stock worth $2,193,000 after purchasing an additional 1,134 shares during the last quarter. Institutional investors own 86.58% of the company's stock.
American Water Works Price Performance
NYSE AWK traded up $1.76 during trading on Tuesday, hitting $146.03. 1,205,515 shares of the stock traded hands, compared to its average volume of 1,220,178. 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 12-month low of $118.74 and a 12-month high of $155.50. The firm has a 50-day simple moving average of $142.60 and a 200-day simple moving average of $134.57. The company has a market capitalization of $28.48 billion, a P/E ratio of 27.09, a price-to-earnings-growth ratio of 2.80 and a beta of 0.68.
American Water Works (NYSE:AWK - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.09. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. The company had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.11 billion. As a group, analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current year.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. Wells Fargo & Company raised their price objective on shares of American Water Works from $133.00 to $142.00 and gave the stock an "equal weight" rating in a report on Thursday, March 13th. Barclays began coverage on American Water Works in a report on Tuesday, April 22nd. They issued an "underweight" rating and a $138.00 target price on the stock. JPMorgan Chase & Co. decreased their price objective on 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. StockNews.com upgraded American Water Works from a "sell" rating to a "hold" rating in a research note on Friday, April 4th. Finally, UBS Group lowered shares of American Water Works from a "strong-buy" rating to a "hold" rating in a report on Friday. Three analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $142.00.
Check Out Our Latest Stock Report on American Water Works
About American Water Works
(
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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