American Water Works Company, Inc. (NYSE:AWK) Shares Sold by Groupama Asset Managment

Groupama Asset Managment decreased its holdings in American Water Works Company, Inc. (NYSE:AWK) by 1.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 702,467 shares of the utilities provider’s stock after selling 9,460 shares during the period. American Water Works makes up about 0.6% of Groupama Asset Managment’s investment portfolio, making the stock its 29th largest position. Groupama Asset Managment owned 0.36% of American Water Works worth $87,450,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nordea Investment Management AB boosted its stake in shares of American Water Works by 5.5% in the fourth quarter. Nordea Investment Management AB now owns 2,418,102 shares of the utilities provider’s stock valued at $300,739,000 after purchasing an additional 125,128 shares during the period. Sovran Advisors LLC bought a new stake in American Water Works during the fourth quarter valued at $277,000. M&T Bank Corp raised its holdings in shares of American Water Works by 3.3% during the fourth quarter. M&T Bank Corp now owns 65,249 shares of the utilities provider’s stock worth $8,123,000 after purchasing an additional 2,113 shares during the period. Czech National Bank boosted its holdings in shares of American Water Works by 6.5% in the 4th quarter. Czech National Bank now owns 42,257 shares of the utilities provider’s stock valued at $5,261,000 after buying an additional 2,562 shares during the period. Finally, PFW Advisors LLC bought a new stake in shares of American Water Works during the 4th quarter valued at about $1,783,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

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

American Water Works Trading Up 0.9 %

American Water Works stock opened at $147.51 on Tuesday. American Water Works Company, Inc. has a 12-month low of $113.34 and a 12-month high of $152.07. The stock has a market capitalization of $28.76 billion, a PE ratio of 27.37, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69. The firm has a 50 day simple moving average of $133.54 and a 200-day simple moving average of $134.31. 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 earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share for the quarter, beating 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 analysts’ expectations of $1.11 billion. As a group, equities research analysts expect 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.