Generali Investments CEE investicni spolecnost a.s. Makes New Investment in American Water Works Company, Inc. (NYSE:AWK)

Generali Investments CEE investicni spolecnost a.s. acquired a new stake in American Water Works Company, Inc. (NYSE:AWK) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 5,900 shares of the utilities provider’s stock, valued at approximately $734,000.

Other institutional investors also recently modified their holdings of the company. Nordea Investment Management AB increased its holdings in shares of American Water Works by 5.5% in the fourth quarter. Nordea Investment Management AB now owns 2,418,102 shares of the utilities provider’s stock valued at $300,739,000 after purchasing an additional 125,128 shares in the last quarter. Sovran Advisors LLC bought a new position in American Water Works in the 4th quarter valued at $277,000. Czech National Bank increased its stake in shares of American Water Works by 6.5% in the 4th quarter. Czech National Bank now owns 42,257 shares of the utilities provider’s stock valued at $5,261,000 after buying an additional 2,562 shares during the period. Swedbank AB raised its position in shares of American Water Works by 65.5% during the third quarter. Swedbank AB now owns 106,383 shares of the utilities provider’s stock worth $15,557,000 after acquiring an additional 42,094 shares during the last quarter. Finally, PFW Advisors LLC acquired a new position in shares of American Water Works during the fourth quarter valued at $1,783,000. 86.58% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AWK has been the subject of several recent research reports. Wells Fargo & Company boosted their price objective on American Water Works from $129.00 to $133.00 and gave the stock an “equal weight” rating in a report on Thursday, February 20th. UBS Group raised shares of American Water Works from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $151.00 to $155.00 in a research note on Tuesday, November 19th. Finally, JPMorgan Chase & Co. reduced their price objective 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. Three equities 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 company presently has a consensus rating of “Hold” and an average price target of $140.57.

American Water Works Stock Up 5.4 %

Shares of NYSE:AWK opened at $145.61 on Friday. The company has a 50 day moving average price of $127.25 and a two-hundred day moving average price of $134.38. 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 company has a market capitalization of $28.39 billion, a PE ratio of 27.02, a PEG ratio of 2.80 and a beta of 0.69. American Water Works Company, Inc. has a 52 week low of $113.34 and a 52 week high of $150.68.

American Water Works (NYSE:AWK) last issued its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.09. The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.11 billion. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. Analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current 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.