Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 1,480 Shares of American Water Works Company, Inc. (NYSE:AWK)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 369,488 shares of the utilities provider’s stock after selling 1,480 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in American Water Works were worth $45,998,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in AWK. Crews Bank & Trust bought a new stake in American Water Works during the fourth quarter worth approximately $26,000. Providence First Trust Co acquired a new stake in shares of American Water Works in the fourth quarter worth $27,000. Whipplewood Advisors LLC bought a new stake in shares of American Water Works during the 4th quarter worth $28,000. EverSource Wealth Advisors LLC grew its stake in American Water Works by 54.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider’s stock valued at $36,000 after buying an additional 103 shares during the last quarter. Finally, Flagship Wealth Advisors LLC bought a new position in American Water Works in the 4th quarter worth $47,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Ratings Changes

AWK has been the subject of a number of recent analyst reports. 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 report on Thursday, March 13th. JPMorgan Chase & Co. decreased their target price 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, StockNews.com downgraded American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $141.86.

American Water Works Trading Down 1.8 %

American Water Works stock opened at $142.18 on Thursday. American Water Works Company, Inc. has a 12 month low of $113.34 and a 12 month high of $152.07. The stock has a market cap of $27.72 billion, a price-to-earnings ratio of 26.38, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69. The business has a 50 day moving average price of $130.55 and a two-hundred day moving average price of $134.54. The company has a quick ratio of 0.35, a current ratio of 0.39 and a debt-to-equity ratio of 1.21.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.11 billion. As a group, equities analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current year.

About American Water Works

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.