Mutual Advisors LLC Has $451,000 Holdings in American Water Works Company, Inc. (NYSE:AWK)

Mutual Advisors LLC lessened its stake in American Water Works Company, Inc. (NYSE:AWKFree Report) by 13.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,418 shares of the utilities provider’s stock after selling 538 shares during the quarter. Mutual Advisors LLC’s holdings in American Water Works were worth $451,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Thrivent Financial for Lutherans raised its stake in American Water Works by 1.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 8,088 shares of the utilities provider’s stock valued at $1,053,000 after acquiring an additional 78 shares during the period. Sunbelt Securities Inc. raised its stake in American Water Works by 1.8% in the 2nd quarter. Sunbelt Securities Inc. now owns 4,548 shares of the utilities provider’s stock valued at $649,000 after acquiring an additional 82 shares during the period. Brookstone Capital Management raised its stake in American Water Works by 4.8% in the 4th quarter. Brookstone Capital Management now owns 1,809 shares of the utilities provider’s stock valued at $239,000 after acquiring an additional 83 shares during the period. Centaurus Financial Inc. raised its stake in American Water Works by 4.9% in the 1st quarter. Centaurus Financial Inc. now owns 1,909 shares of the utilities provider’s stock valued at $280,000 after acquiring an additional 89 shares during the period. Finally, Strong Tower Advisory Services raised its stake in American Water Works by 1.9% in the 3rd quarter. Strong Tower Advisory Services now owns 4,931 shares of the utilities provider’s stock valued at $611,000 after acquiring an additional 90 shares during the period. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Stock Performance

NYSE:AWK opened at $122.21 on Friday. The stock’s 50-day simple moving average is $121.06 and its 200 day simple moving average is $125.78. The firm has a market capitalization of $23.80 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 2.91 and a beta of 0.63. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.20. American Water Works Company, Inc. has a twelve month low of $114.25 and a twelve month high of $153.43.

American Water Works (NYSE:AWKGet Free Report) last announced its quarterly earnings results on Thursday, February 15th. The utilities provider reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.04. American Water Works had a return on equity of 9.70% and a net margin of 22.30%. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same period last year, the firm posted $0.81 earnings per share. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. On average, analysts anticipate that American Water Works Company, Inc. will post 5.23 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AWK. StockNews.com upgraded American Water Works from a “sell” rating to a “hold” rating in a research note on Tuesday. Evercore ISI cut American Water Works from an “outperform” rating to an “in-line” rating and decreased their price target for the stock from $160.00 to $135.00 in a research report on Friday, February 16th.

Read Our Latest Analysis on American Water Works

Insider Activity

In other news, EVP Melanie M. Kennedy sold 843 shares of American Water Works stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $119.59, for a total transaction of $100,814.37. Following the sale, the executive vice president now directly owns 16,240 shares of the company’s stock, valued at $1,942,141.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.08% of the company’s stock.

American Water Works Profile

(Free Report)

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.

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Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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