American Water Works Company, Inc. (NYSE:AWK) Stock Holdings Lifted by Glenview Trust co

Glenview Trust co raised its position in American Water Works Company, Inc. (NYSE:AWK) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,986 shares of the utilities provider’s stock after purchasing an additional 93 shares during the quarter. Glenview Trust co’s holdings in American Water Works were worth $621,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AWK. Victory Capital Management Inc. grew its stake in American Water Works by 120.7% in the fourth quarter. Victory Capital Management Inc. now owns 3,174,395 shares of the utilities provider’s stock valued at $395,180,000 after purchasing an additional 1,736,258 shares in the last quarter. Groupama Asset Managment grew its stake in American Water Works by 4,227.0% in the third quarter. Groupama Asset Managment now owns 711,927 shares of the utilities provider’s stock valued at $104,000 after purchasing an additional 695,474 shares in the last quarter. Raymond James Financial Inc. purchased a new position in American Water Works in the fourth quarter valued at about $71,120,000. Amundi grew its stake in American Water Works by 11.9% in the fourth quarter. Amundi now owns 4,490,423 shares of the utilities provider’s stock valued at $553,687,000 after purchasing an additional 477,411 shares in the last quarter. Finally, Confluence Investment Management LLC boosted its stake in shares of American Water Works by 268.0% during the 4th quarter. Confluence Investment Management LLC now owns 537,138 shares of the utilities provider’s stock worth $66,868,000 after acquiring an additional 391,166 shares in the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

American Water Works Price Performance

NYSE AWK opened at $144.86 on Tuesday. American Water Works Company, Inc. has a twelve month low of $113.34 and a twelve month high of $152.07. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.35 and a current ratio of 0.39. The stock has a market capitalization of $28.24 billion, a PE ratio of 26.88, a P/E/G ratio of 2.80 and a beta of 0.69. The stock has a 50-day simple moving average of $129.70 and a 200 day simple moving average of $134.47.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.09. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.11 billion. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. Research analysts anticipate that American Water Works Company, Inc. will post 5.71 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AWK. Wells Fargo & Company upped their price target on American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 13th. StockNews.com upgraded American Water Works from a “sell” rating to a “hold” rating in a research note on Tuesday, March 11th. 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. Finally, UBS Group upgraded American Water Works from a “neutral” rating to a “buy” rating and upped their price target for the stock from $151.00 to $155.00 in a research note on Tuesday, November 19th. Two research 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’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $141.86.

American Water Works Company 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.