16,205 Shares in American Water Works Company, Inc. (NYSE:AWK) Bought by Virtu Financial LLC

Virtu Financial LLC bought a new position in American Water Works Company, Inc. (NYSE:AWK - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 16,205 shares of the utilities provider's stock, valued at approximately $2,017,000.

A number of other institutional investors have also made changes to their positions in AWK. Crews Bank & Trust acquired a new position in shares of American Water Works during the fourth quarter valued at $26,000. Providence First Trust Co bought a new position in American Water Works during the fourth quarter valued at about $27,000. Whipplewood Advisors LLC acquired a new position in American Water Works during the fourth quarter worth about $28,000. EverSource Wealth Advisors LLC raised its position in American Water Works by 54.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider's stock worth $36,000 after acquiring an additional 103 shares in the last quarter. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of American Water Works in the 4th quarter worth approximately $47,000. 86.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on AWK. Wells Fargo & Company lifted their target price on American Water Works from $133.00 to $142.00 and gave the stock an "equal weight" rating in a report on Thursday, March 13th. StockNews.com cut shares of American Water Works from a "hold" rating to a "sell" rating in a research report on Wednesday, March 19th. Finally, JPMorgan Chase & Co. reduced their target price on American Water Works from $147.00 to $128.00 and set a "neutral" rating for the company in a report on Tuesday, January 28th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $141.86.

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American Water Works Stock Up 1.5 %

Shares of NYSE:AWK traded up $2.11 during midday trading on Thursday, hitting $143.24. 1,346,447 shares of the stock were exchanged, compared to its average volume of 1,146,035. The business's fifty day simple moving average is $132.39 and its two-hundred day simple moving average is $134.42. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.35 and a current ratio of 0.39. American Water Works Company, Inc. has a 52-week low of $113.34 and a 52-week high of $152.07. The company has a market capitalization of $27.92 billion, a PE ratio of 26.58, a P/E/G ratio of 2.80 and a beta of 0.69.

American Water Works (NYSE:AWK - Get Free Report) last posted 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 the consensus estimate of $1.11 billion. As a group, research analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share 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.