American Water Works Company, Inc. (NYSE:AWK) Shares Acquired by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co boosted its holdings in American Water Works Company, Inc. (NYSE:AWK) by 18.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,411 shares of the utilities provider’s stock after acquiring an additional 3,171 shares during the period. Elo Mutual Pension Insurance Co’s holdings in American Water Works were worth $2,541,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of AWK. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in American Water Works by 11.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 315,688 shares of the utilities provider’s stock worth $39,073,000 after acquiring an additional 32,942 shares during the last quarter. Korea Investment CORP raised its stake in shares of American Water Works by 133.8% during the 4th quarter. Korea Investment CORP now owns 78,971 shares of the utilities provider’s stock worth $9,831,000 after buying an additional 45,193 shares in the last quarter. Nuance Investments LLC boosted its position in shares of American Water Works by 46.3% during the 4th quarter. Nuance Investments LLC now owns 167,435 shares of the utilities provider’s stock worth $20,844,000 after purchasing an additional 52,959 shares in the last quarter. Financial Engines Advisors L.L.C. purchased a new stake in American Water Works during the fourth quarter worth about $529,000. Finally, Ipsen Advisor Group LLC acquired a new stake in shares of American Water Works in the 4th quarter worth approximately $418,000. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Stock Up 2.3 %

NYSE AWK opened at $146.28 on Friday. American Water Works Company, Inc. has a 12 month low of $113.34 and a 12 month high of $152.07. The company has a market capitalization of $28.52 billion, a P/E ratio of 27.14, a PEG ratio of 2.80 and a beta of 0.69. The company’s 50 day simple moving average is $133.12 and its 200 day simple moving average is $134.49. 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 (NYSE:AWK) last announced its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating 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. Equities research analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. 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 report on Tuesday, January 28th. Wells Fargo & Company raised their target price on shares of American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 13th. Finally, StockNews.com lowered American Water Works from a “hold” rating to a “sell” rating in a research note on Wednesday, March 19th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $141.86.

American Water Works Company 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.