Yousif Capital Management LLC boosted its stake in American Water Works Company, Inc. (NYSE:AWK – Get Rating) by 3.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,008 shares of the utilities provider’s stock after buying an additional 1,039 shares during the quarter. Yousif Capital Management LLC’s holdings in American Water Works were worth $5,183,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Massmutual Trust Co. FSB ADV lifted its stake in American Water Works by 11.6% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 722 shares of the utilities provider’s stock valued at $110,000 after buying an additional 75 shares in the last quarter. Sycomore Asset Management lifted its stake in American Water Works by 30.7% in the 4th quarter. Sycomore Asset Management now owns 3,135 shares of the utilities provider’s stock valued at $480,000 after buying an additional 736 shares in the last quarter. Confluence Investment Management LLC lifted its stake in American Water Works by 1.8% in the 4th quarter. Confluence Investment Management LLC now owns 133,649 shares of the utilities provider’s stock valued at $20,371,000 after buying an additional 2,301 shares in the last quarter. Centaurus Financial Inc. lifted its stake in American Water Works by 14.7% in the 3rd quarter. Centaurus Financial Inc. now owns 2,081 shares of the utilities provider’s stock valued at $271,000 after buying an additional 266 shares in the last quarter. Finally, Bridgefront Capital LLC lifted its stake in American Water Works by 3.9% in the 3rd quarter. Bridgefront Capital LLC now owns 2,124 shares of the utilities provider’s stock valued at $276,000 after buying an additional 79 shares in the last quarter. Hedge funds and other institutional investors own 83.06% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $180.00 target price on shares of American Water Works in a research note on Tuesday, March 7th. TheStreet downgraded American Water Works from a “b” rating to a “c+” rating in a report on Wednesday, February 15th. StockNews.com began coverage on American Water Works in a report on Thursday. They issued a “hold” rating for the company. Finally, Wells Fargo & Company boosted their price target on American Water Works from $149.00 to $159.00 in a report on Wednesday, December 14th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $158.29.
American Water Works Trading Down 0.6 %
American Water Works (NYSE:AWK – Get Rating) last released its quarterly earnings data on Thursday, February 16th. The utilities provider reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.06. The business had revenue of $931.00 million during the quarter, compared to the consensus estimate of $923.74 million. American Water Works had a return on equity of 10.76% and a net margin of 21.62%. The business’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.85 EPS. On average, equities research analysts expect that American Water Works Company, Inc. will post 4.77 EPS for the current year.
American Water Works Profile
American Water Works Co, Inc engages in the provision of complementary water and wastewater services. It operates through the following segments: Regulated Businesses, Market-Based Businesses, and Other. The Regulated Businesses segment offers water and wastewater services to customers. The Market-Based Businesses segment includes the military services group, which enters into long-term contracts with the U.S.
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