Lingohr Asset Management GmbH Takes Position in American Water Works Company, Inc. (NYSE:AWK)

Lingohr Asset Management GmbH purchased a new position in shares of American Water Works Company, Inc. (NYSE:AWK) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,706 shares of the utilities provider’s stock, valued at approximately $211,000.

A number of other institutional investors have also recently added to or reduced their stakes in AWK. Crews Bank & Trust purchased a new stake in shares of American Water Works during the fourth quarter worth about $26,000. Providence First Trust Co purchased a new stake in American Water Works during the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC acquired a new position in shares of American Water Works in the 4th quarter valued at approximately $28,000. EverSource Wealth Advisors LLC boosted its stake in shares of American Water Works by 54.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider’s stock valued at $36,000 after buying an additional 103 shares during the last quarter. Finally, Flagship Wealth Advisors LLC purchased a new position in shares of American Water Works during the 4th quarter valued at approximately $47,000. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Ratings Changes

AWK has been the topic of several recent analyst reports. 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 report on Tuesday, January 28th. Wells Fargo & Company boosted their target price on shares of American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 13th. Finally, StockNews.com cut shares of American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $141.86.

American Water Works Trading Down 1.8 %

American Water Works stock opened at $142.18 on Thursday. 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 Company, Inc. has a 1 year low of $113.34 and a 1 year high of $152.07. The firm’s 50-day moving average is $130.55 and its 200-day moving average is $134.54. The company has a market cap of $27.72 billion, a P/E ratio of 26.38, a PEG ratio of 2.80 and a beta of 0.69.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 10.29% and a net margin of 22.44%. On average, equities analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

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.