Whittier Trust Co. Has $5.75 Million Holdings in American Water Works Company, Inc. (NYSE:AWK)

Whittier Trust Co. reduced its position in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 31.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 46,148 shares of the utilities provider's stock after selling 21,335 shares during the quarter. Whittier Trust Co.'s holdings in American Water Works were worth $5,745,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Crews Bank & Trust purchased a new position in shares of American Water Works in the 4th quarter valued at $26,000. Providence First Trust Co purchased a new position in American Water Works in the fourth quarter valued at about $27,000. Whipplewood Advisors LLC acquired a new position in shares of American Water Works during the fourth quarter worth about $28,000. EverSource Wealth Advisors LLC boosted its position in shares of 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 buying an additional 103 shares during the period. Finally, Flagship Wealth Advisors LLC purchased a new stake in shares of American Water Works during the 4th quarter valued at about $47,000. 86.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on AWK shares. StockNews.com cut shares of American Water Works from a "hold" rating to a "sell" rating in a research report on Wednesday, March 19th. Wells Fargo & Company raised their target price 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. Finally, JPMorgan Chase & Co. reduced their price target 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 research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $141.86.

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American Water Works Stock Performance

AWK stock traded down $0.38 during trading on Tuesday, hitting $139.32. 1,729,395 shares of the company's stock traded hands, compared to its average volume of 1,144,657. The stock has a fifty day moving average price of $131.71 and a two-hundred day moving average price of $134.41. 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 market capitalization of $27.16 billion, a price-to-earnings ratio of 25.85, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69.

American Water Works (NYSE:AWK - Get Free Report) last posted its 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. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. The firm had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.11 billion. 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.