American Water Works Company, Inc. (NYSE:AWK) Shares Acquired by Angeles Investment Advisors LLC

Angeles Investment Advisors LLC lifted its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 5.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,847 shares of the utilities provider’s stock after acquiring an additional 207 shares during the period. Angeles Investment Advisors LLC’s holdings in American Water Works were worth $479,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AWK. Crews Bank & Trust purchased a new position in shares of American Water Works in the fourth quarter valued at $26,000. Providence First Trust Co acquired a new stake in shares of American Water Works during the fourth quarter worth approximately $27,000. Whipplewood Advisors LLC bought a new stake in shares of American Water Works in the fourth quarter worth $28,000. EverSource Wealth Advisors LLC raised its holdings 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 valued at $36,000 after acquiring an additional 103 shares in the last quarter. Finally, Flagship Wealth Advisors LLC acquired a new position in American Water Works during the 4th quarter worth $47,000. 86.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Wells Fargo & Company lifted their price target on American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 13th. StockNews.com lowered American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday, March 19th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of 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 equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, American Water Works currently has an average rating of “Hold” and an average target price of $141.86.

American Water Works Stock Down 0.6 %

AWK stock opened at $140.90 on Monday. The company has a quick ratio of 0.35, a current ratio of 0.39 and a debt-to-equity ratio of 1.21. The firm’s 50-day simple moving average is $131.33 and its 200 day simple moving average is $134.44. The stock has a market cap of $27.47 billion, a PE ratio of 26.14, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69. American Water Works Company, Inc. has a fifty-two week low of $113.34 and a fifty-two week high of $152.07.

American Water Works (NYSE:AWK) last issued 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 the consensus estimate of $1.11 billion. As a group, sell-side analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current year.

About American Water Works

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.