2 weeks Ago By ABMN Staff
LPL Financial LLC boosted its stake in shares of American Water Works Company, Inc. ( NYSE:AWK – Free Report ) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The firm owned 254,976 shares of the utilities provider’s stock after buying an additional 2,895 shares during the period. LPL Financial LLC owned 0.13% of American Water Works worth $31,742,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also bought and sold shares of AWK. Crews Bank & Trust bought a new position in shares of American Water Works during the 4th quarter worth approximately $26,000. Providence First Trust Co acquired a new position in shares of American Water Works during the fourth quarter worth $27,000.
Whipplewood Advisors LLC purchased a new stake in shares of American Water Works during the 4th quarter valued at $28,000. EverSource Wealth Advisors LLC boosted its position in shares of American Water Works by 54.2% in the 4th quarter.
EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 103 shares in the last quarter. Finally, Flagship Wealth Advisors LLC purchased a new position in American Water Works during the 4th quarter worth $47,000. Institutional investors own 86.
58% of the company’s stock. Analyst Upgrades and Downgrades A number of equities research analysts have commented on the company. JPMorgan Chase & Co.
decreased their price target on American Water Works from $147.00 to $128.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th.
StockNews.com lowered shares of American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday, March 19th. Finally, Wells Fargo & Company boosted 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. Three analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock.
Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $141.86.
American Water Works Price Performance Shares of NYSE AWK opened at $146.28 on Friday. American Water Works Company, Inc.
has a 52 week low of $113.34 and a 52 week high of $152.07.
The business’s 50 day moving average price is $133.12 and its 200 day moving average price is $134.39.
The company has a quick ratio of 0.35, a current ratio of 0.39 and a debt-to-equity ratio of 1.
21. The firm has a market cap of $28.52 billion, a P/E ratio of 27.
14, a P/E/G ratio of 2.80 and a beta of 0.69.
American Water Works ( NYSE:AWK – Get Free Report ) last released its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating the consensus estimate of $1.
13 by $0.09. American Water Works had a net margin of 22.
44% and a return on equity of 10.29%. The business had revenue of $1.
20 billion for the quarter, compared to the consensus estimate of $1.11 billion. On average, sell-side analysts expect that American Water Works Company, Inc.
will post 5.71 earnings per share for the current year. American Water Works Company 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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