American Water Works Company, Inc. (NYSE:AWK) Shares Purchased by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich boosted its position in American Water Works Company, Inc. (NYSE:AWK) by 34.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,654 shares of the utilities provider’s stock after purchasing an additional 1,460 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in American Water Works were worth $746,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. MV Capital Management Inc. raised its stake in American Water Works by 110.8% in the 4th quarter. MV Capital Management Inc. now owns 196 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 103 shares during the last quarter. ORG Partners LLC raised its stake in American Water Works by 79.2% in the 4th quarter. ORG Partners LLC now owns 233 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 103 shares during the last quarter. Compagnie Lombard Odier SCmA acquired a new position in American Water Works in the 3rd quarter valued at $33,000. Turtle Creek Wealth Advisors LLC purchased a new stake in American Water Works in the 4th quarter valued at $35,000. Finally, Key Financial Inc grew its holdings in American Water Works by 266.7% in the 4th quarter. Key Financial Inc now owns 275 shares of the utilities provider’s stock valued at $36,000 after buying an additional 200 shares in the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on the company. StockNews.com cut American Water Works from a “hold” rating to a “sell” rating in a report on Wednesday, April 3rd. Evercore ISI cut American Water Works from an “outperform” rating to an “in-line” rating and dropped their target price for the company from $160.00 to $135.00 in a report on Friday, February 16th.

American Water Works Stock Down 0.6 %

Shares of NYSE:AWK opened at $120.78 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.20. The business has a fifty day moving average of $119.13 and a two-hundred day moving average of $124.20. The stock has a market cap of $23.53 billion, a P/E ratio of 24.70, a PEG ratio of 2.90 and a beta of 0.63. American Water Works Company, Inc. has a 52-week low of $113.34 and a 52-week high of $151.24.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Thursday, February 15th. The utilities provider reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.04. The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.02 billion. American Water Works had a return on equity of 9.70% and a net margin of 22.30%. The company’s revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.81 EPS. On average, research analysts expect that American Water Works Company, Inc. will post 5.24 earnings per share for the current year.

Insider Transactions at American Water Works

In other news, EVP Melanie M. Kennedy sold 843 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $119.59, for a total transaction of $100,814.37. Following the completion of the transaction, the executive vice president now directly owns 16,240 shares in the company, valued at approximately $1,942,141.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.08% of the company’s stock.

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.