Level Four Advisory Services LLC Boosts Holdings in American Water Works Company, Inc. (NYSE:AWK)

Level Four Advisory Services LLC grew its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 4.7% in the fourth quarter, HoldingsChannel reports. The fund owned 35,082 shares of the utilities provider’s stock after buying an additional 1,581 shares during the quarter. Level Four Advisory Services LLC’s holdings in American Water Works were worth $4,367,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Crews Bank & Trust acquired a new position in American Water Works during the fourth quarter worth approximately $26,000. Providence First Trust Co acquired a new stake in American Water Works during the fourth quarter worth about $27,000. Whipplewood Advisors LLC purchased a new position in shares of American Water Works in the 4th quarter worth about $28,000. EverSource Wealth Advisors LLC lifted its stake in shares of American Water Works by 54.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 103 shares in the last quarter. Finally, Flagship Wealth Advisors LLC purchased a new stake in shares of American Water Works during the 4th quarter worth about $47,000. 86.58% of the stock is currently owned by hedge funds and other institutional investors.

American Water Works Stock Performance

American Water Works stock opened at $146.28 on Friday. American Water Works Company, Inc. has a 12-month low of $113.34 and a 12-month high of $152.07. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.39 and a quick ratio of 0.35. The company has a market capitalization of $28.52 billion, a price-to-earnings ratio of 27.14, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69. The firm’s fifty day moving average price is $133.12 and its 200 day moving average price is $134.49.

American Water Works (NYSE:AWK) last announced its 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. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.11 billion. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. On average, research analysts forecast that American Water Works Company, Inc. will post 5.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented 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 report on Tuesday, January 28th. StockNews.com cut shares of American Water Works from a “hold” rating to a “sell” rating in a research report on Wednesday, March 19th. Finally, Wells Fargo & Company raised their price objective on American Water Works from $133.00 to $142.00 and gave the company an “equal weight” rating in a research report on Thursday, March 13th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, American Water Works currently has a consensus rating of “Hold” and an average price target 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.