American Water Works Company, Inc. (NYSE:AWK) Stock Holdings Increased by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 114.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,524 shares of the utilities provider’s stock after acquiring an additional 813 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in American Water Works were worth $201,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Dimensional Fund Advisors LP boosted its stake in shares of American Water Works by 5.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 623,854 shares of the utilities provider’s stock valued at $103,268,000 after purchasing an additional 30,316 shares in the last quarter. Aviva PLC boosted its position in American Water Works by 33.1% in the first quarter. Aviva PLC now owns 78,509 shares of the utilities provider’s stock valued at $12,996,000 after buying an additional 19,512 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of American Water Works by 53.1% in the first quarter. Sequoia Financial Advisors LLC now owns 2,079 shares of the utilities provider’s stock valued at $344,000 after acquiring an additional 721 shares during the last quarter. Vanguard Group Inc. grew its position in American Water Works by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 21,960,717 shares of the utilities provider’s stock worth $3,635,157,000 after acquiring an additional 434,737 shares during the last quarter. Finally, Brown Brothers Harriman & Co. increased its stake in shares of American Water Works by 21.9% in the first quarter. Brown Brothers Harriman & Co. now owns 2,186 shares of the utilities provider’s stock valued at $362,000 after buying an additional 392 shares in the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at American Water Works

In other American Water Works news, EVP Melanie M. Kennedy sold 843 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $119.59, for a total value of $100,814.37. Following the completion of the transaction, the executive vice president now owns 16,240 shares of the company’s stock, valued at approximately $1,942,141.60. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.08% of the stock is owned by insiders.

American Water Works Stock Up 1.7 %

American Water Works stock opened at $117.33 on Friday. American Water Works Company, Inc. has a 1-year low of $113.34 and a 1-year high of $152.99. The firm has a 50 day simple moving average of $119.36 and a 200 day simple moving average of $124.13. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $22.86 billion, a price-to-earnings ratio of 23.99, a P/E/G ratio of 2.72 and a beta of 0.63.

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

Analyst Ratings Changes

AWK has been the subject of a number of recent research reports. StockNews.com downgraded shares of American Water Works from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd. Evercore ISI downgraded American Water Works from an “outperform” rating to an “in-line” rating and decreased their price target for the stock from $160.00 to $135.00 in a report on Friday, February 16th.

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.