Lbp Am Sa Sells 19,794 Shares of American Water Works Company, Inc. (NYSE:AWK)

Lbp Am Sa lessened its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 18.3% in the 4th quarter, HoldingsChannel reports. The fund owned 88,420 shares of the utilities provider’s stock after selling 19,794 shares during the period. Lbp Am Sa’s holdings in American Water Works were worth $11,007,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. IHT Wealth Management LLC raised its stake in shares of American Water Works by 1.2% during the 3rd quarter. IHT Wealth Management LLC now owns 6,424 shares of the utilities provider’s stock worth $938,000 after acquiring an additional 76 shares in the last quarter. Assetmark Inc. raised its stake in shares of American Water Works by 31.7% during the 3rd quarter. Assetmark Inc. now owns 370 shares of the utilities provider’s stock worth $54,000 after acquiring an additional 89 shares in the last quarter. Brookfield Corp ON raised its stake in shares of American Water Works by 0.3% during the 3rd quarter. Brookfield Corp ON now owns 32,601 shares of the utilities provider’s stock worth $4,768,000 after acquiring an additional 89 shares in the last quarter. Bleakley Financial Group LLC increased its stake in American Water Works by 4.6% during the 4th quarter. Bleakley Financial Group LLC now owns 2,012 shares of the utilities provider’s stock valued at $250,000 after purchasing an additional 89 shares in the last quarter. Finally, Rosenberg Matthew Hamilton increased its stake in American Water Works by 29.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 400 shares of the utilities provider’s stock valued at $50,000 after purchasing an additional 90 shares in the last quarter. Institutional investors own 86.58% of the company’s stock.

American Water Works Stock Performance

Shares of NYSE AWK opened at $144.43 on Friday. The company’s fifty day moving average price is $129.24 and its 200 day moving average price is $134.54. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $152.07. The company has a market capitalization of $28.16 billion, a PE ratio of 26.80, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.35 and a current ratio of 0.39.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.09. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.11 billion. On average, research analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. cut their price target 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. UBS Group upgraded shares of American Water Works from a “neutral” rating to a “buy” rating and upped their price target for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. StockNews.com upgraded shares of American Water Works from a “sell” rating to a “hold” rating in a research note on Tuesday. Finally, 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 research note on Thursday. Two research analysts have rated the stock with a sell rating, five have given 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 a consensus price target of $141.86.

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.