1 week Ago By Defense World Staff
Orion Portfolio Solutions LLC raised its holdings in American Water Works Company, Inc. ( NYSE:AWK – Free Report ) by 9.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The institutional investor owned 6,235 shares of the utilities provider’s stock after purchasing an additional 557 shares during the period. Orion Portfolio Solutions LLC’s holdings in American Water Works were worth $776,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently made changes to their positions in AWK.
FMR LLC raised its holdings in American Water Works by 11.5% in the third quarter. FMR LLC now owns 353,641 shares of the utilities provider’s stock valued at $51,716,000 after acquiring an additional 36,424 shares in the last quarter.
Jacobs Levy Equity Management Inc. acquired a new stake in shares of American Water Works in the 3rd quarter valued at about $1,244,000. Worldquant Millennium Advisors LLC raised its stake in shares of American Water Works by 6.
6% in the 3rd quarter. Worldquant Millennium Advisors LLC now owns 43,645 shares of the utilities provider’s stock valued at $6,383,000 after purchasing an additional 2,703 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its position in shares of American Water Works by 76.
2% during the third quarter. Kovitz Investment Group Partners LLC now owns 4,584 shares of the utilities provider’s stock worth $670,000 after purchasing an additional 1,982 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in American Water Works in the third quarter worth about $275,000.
86.58% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In Several analysts have issued reports on AWK shares.
Wells Fargo & Company upped their price objective on American Water Works from $133.00 to $142.00 and gave the company an “equal weight” rating in a research note on Thursday, March 13th.
StockNews.com raised American Water Works from a “sell” rating to a “hold” rating in a research report on Friday. 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.
Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, American Water Works currently has an average rating of “Hold” and a consensus price target of $141.86.
American Water Works Trading Down 3.0 % Shares of NYSE AWK opened at $147.36 on Monday.
The company has a market cap of $28.74 billion, a price-to-earnings ratio of 27.34, a price-to-earnings-growth ratio of 2.
80 and a beta of 0.68. The stock’s 50 day simple moving average is $135.
56 and its 200 day simple moving average is $134.28. The company has a current ratio of 0.
39, a quick ratio of 0.35 and a debt-to-equity ratio of 1.21.
American Water Works Company, Inc. has a 12-month low of $113.34 and a 12-month high of $155.
50. American Water Works ( NYSE:AWK – Get Free Report ) last announced its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.
22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.09.
The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.11 billion.
American Water Works had a net margin of 22.44% and a return on equity of 10.29%.
Equities research analysts expect that American Water Works Company, Inc. will post 5.71 EPS for the current year.
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. Read More Five stocks we like better than American Water Works Stock Ratings and Recommendations: Understanding Analyst Ratings Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential? How to Buy Gold Stock and Invest in Gold Disney 2025 Shareholders: Major Updates for Investors Buy P&G Now, Before It Sets A New All-Time High Advance Auto Parts Stock: A Classic Rebound Play in the Making Receive News & Ratings for American Water Works Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Water Works and related companies with MarketBeat.com's FREE daily email newsletter .
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