American Water Works Company, Inc. (NYSE:AWK) Shares Sold by AGF Management Ltd.

AGF Management Ltd. decreased its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 91.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,044 shares of the utilities provider’s stock after selling 21,447 shares during the period. AGF Management Ltd.’s holdings in American Water Works were worth $254,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Crews Bank & Trust acquired a new position in shares of American Water Works in the 4th quarter worth approximately $26,000. Providence First Trust Co acquired a new position in shares of American Water Works in the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC acquired a new position in shares of American Water Works in the 4th quarter worth approximately $28,000. Stonebridge Financial Group LLC acquired a new position in shares of American Water Works in the 4th quarter worth approximately $48,000. Finally, Rosenberg Matthew Hamilton grew its stake in shares of American Water Works by 29.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider’s stock worth $50,000 after purchasing an additional 90 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Stock Performance

AWK stock opened at $144.43 on Friday. 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 cap of $28.16 billion, a P/E ratio of 26.80, a P/E/G ratio of 2.80 and a beta of 0.69. The firm has a 50 day simple moving average of $129.24 and a 200 day simple moving average of $134.50. American Water Works Company, Inc. has a 52 week low of $113.34 and a 52 week high of $152.07.

American Water Works (NYSE:AWK) last posted its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS 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 net margin of 22.44% and a return on equity of 10.29%. Research analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a research note on Thursday. StockNews.com raised shares of American Water Works from a “sell” rating to a “hold” rating in a research note on Tuesday, March 11th. UBS Group raised shares of American Water Works from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $151.00 to $155.00 in a research note on Tuesday, November 19th. Finally, JPMorgan Chase & Co. decreased their target price 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. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, American Water Works presently has an average rating of “Hold” and an average target price of $141.86.

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.