Edmond DE Rothschild Holding S.A. Purchases 175 Shares of American Water Works Company, Inc. (NYSE:AWK)

Edmond DE Rothschild Holding S.A. increased its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 0.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 69,721 shares of the utilities provider’s stock after acquiring an additional 175 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in American Water Works were worth $8,680,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC increased 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 purchasing an additional 36,424 shares during the period. Fiduciary Trust Co bought a new stake in shares of American Water Works in the 3rd quarter valued at about $216,000. Public Sector Pension Investment Board increased its stake in shares of American Water Works by 3.0% in the third quarter. Public Sector Pension Investment Board now owns 34,029 shares of the utilities provider’s stock valued at $4,976,000 after buying an additional 1,000 shares during the period. Erste Asset Management GmbH bought a new position in shares of American Water Works during the third quarter worth about $9,750,000. Finally, Benjamin Edwards Inc. lifted its stake in shares of American Water Works by 941.8% in the third quarter. Benjamin Edwards Inc. now owns 297,243 shares of the utilities provider’s stock worth $43,475,000 after acquiring an additional 268,712 shares during the period. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on AWK shares. JPMorgan Chase & Co. lowered their price target 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. Wells Fargo & Company upped their price target on shares of American Water Works from $133.00 to $142.00 and gave the company an “equal weight” rating in a research report on Thursday, March 13th. Finally, StockNews.com lowered American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday, March 19th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $141.86.

American Water Works Stock Performance

Shares of American Water Works stock opened at $147.51 on Tuesday. The business has a 50-day simple moving average of $133.54 and a 200 day simple moving average of $134.31. American Water Works Company, Inc. has a one year low of $113.34 and a one year high of $152.07. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.39 and a quick ratio of 0.35. The firm has a market capitalization of $28.76 billion, a price-to-earnings ratio of 27.37, a PEG ratio of 2.80 and a beta of 0.69.

American Water Works (NYSE:AWK) 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 return on equity of 10.29% and a net margin of 22.44%. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.11 billion. On average, research analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

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.