American Water Works Company, Inc. (NYSE:AWK) is Partners Group Holding AG’s 7th Largest Position

Partners Group Holding AG trimmed its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 2.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 449,308 shares of the utilities provider’s stock after selling 11,241 shares during the quarter. American Water Works makes up 2.0% of Partners Group Holding AG’s investment portfolio, making the stock its 7th largest position. Partners Group Holding AG’s holdings in American Water Works were worth $55,934,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AWK. Vanguard Group Inc. increased its position in shares of American Water Works by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 25,107,225 shares of the utilities provider’s stock worth $3,125,598,000 after purchasing an additional 217,582 shares in the last quarter. State Street Corp grew its holdings in shares of American Water Works by 1.9% during the third quarter. State Street Corp now owns 11,503,553 shares of the utilities provider’s stock worth $1,682,280,000 after buying an additional 214,082 shares in the last quarter. Geode Capital Management LLC raised its position in shares of American Water Works by 1.0% in the third quarter. Geode Capital Management LLC now owns 4,564,193 shares of the utilities provider’s stock valued at $665,163,000 after buying an additional 43,754 shares during the last quarter. Amundi lifted its stake in shares of American Water Works by 11.9% in the fourth quarter. Amundi now owns 4,490,423 shares of the utilities provider’s stock worth $553,687,000 after buying an additional 477,411 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in American Water Works by 120.7% during the fourth quarter. Victory Capital Management Inc. now owns 3,174,395 shares of the utilities provider’s stock worth $395,180,000 after acquiring an additional 1,736,258 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

American Water Works Stock Down 0.6 %

Shares of AWK opened at $140.90 on Friday. The company has a current ratio of 0.39, a quick ratio of 0.35 and a debt-to-equity ratio of 1.21. The firm has a market cap of $27.47 billion, a P/E ratio of 26.14, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69. The company’s 50-day moving average price is $131.33 and its 200 day moving average price is $134.51. American Water Works Company, Inc. has a 12-month low of $113.34 and a 12-month high of $152.07.

American Water Works (NYSE:AWK) last issued its quarterly earnings data 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 firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.11 billion. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. On average, sell-side analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on AWK. JPMorgan Chase & Co. decreased their target price on shares of American Water Works from $147.00 to $128.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 28th. Wells Fargo & Company upped their target price on American Water Works from $133.00 to $142.00 and gave the company an “equal weight” rating in a report on Thursday, March 13th. Finally, StockNews.com lowered American Water Works from a “hold” rating to a “sell” rating in a report on Wednesday. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target 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.