California State Teachers Retirement System Sells 1,484 Shares of American Water Works Company, Inc. (NYSE:AWK)

California State Teachers Retirement System trimmed its holdings in shares of American Water Works Company, Inc. (NYSE:AWK – Get Rating) by 0.4% in the third quarter, Holdings Channel.com reports. The firm owned 328,688 shares of the utilities provider’s stock after selling 1,484 shares during the quarter. California State Teachers Retirement System’s holdings in American Water Works were worth $42,782,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Oakworth Capital Inc. bought a new position in shares of American Water Works during the 3rd quarter worth approximately $33,000. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of American Water Works during the 3rd quarter worth approximately $35,000. HBC Financial Services PLLC bought a new position in shares of American Water Works during the 2nd quarter worth approximately $46,000. SJS Investment Consulting Inc. bought a new position in shares of American Water Works during the 3rd quarter worth approximately $54,000. Finally, Hallmark Capital Management Inc. bought a new position in shares of American Water Works during the 3rd quarter worth approximately $55,000. 83.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AWK shares. TheStreet cut shares of American Water Works from a “b” rating to a “c+” rating in a research note on Wednesday, February 15th. StockNews.com assumed coverage on shares of American Water Works in a research note on Thursday. They set a “hold” rating for the company. Royal Bank of Canada reissued an “outperform” rating and issued a $180.00 target price on shares of American Water Works in a research note on Tuesday, March 7th. Finally, Wells Fargo & Company raised their target price on shares of American Water Works from $149.00 to $159.00 in a research note on Wednesday, December 14th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, American Water Works currently has an average rating of “Hold” and a consensus price target of $158.29.

American Water Works Price Performance

NYSE:AWK opened at $141.81 on Friday. American Water Works Company, Inc. has a 1-year low of $122.77 and a 1-year high of $173.87. The company has a current ratio of 0.44, a quick ratio of 0.41 and a debt-to-equity ratio of 1.42. The firm has a fifty day simple moving average of $149.01 and a 200 day simple moving average of $146.78. The stock has a market capitalization of $25.81 billion, a PE ratio of 31.44, a P/E/G ratio of 3.58 and a beta of 0.56.

American Water Works (NYSE:AWK – Get Rating) last announced its quarterly earnings results on Thursday, February 16th. The utilities provider reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.06. American Water Works had a return on equity of 10.76% and a net margin of 21.62%. The business had revenue of $931.00 million during the quarter, compared to the consensus estimate of $923.74 million. During the same quarter last year, the firm posted $0.85 EPS. The company’s quarterly revenue was down 2.1% on a year-over-year basis. On average, research analysts expect that American Water Works Company, Inc. will post 4.77 EPS for the current fiscal year.

American Water Works Profile

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American Water Works Co, Inc engages in the provision of complementary water and wastewater services. It operates through the following segments: Regulated Businesses, Market-Based Businesses, and Other. The Regulated Businesses segment offers water and wastewater services to customers. The Market-Based Businesses segment includes the military services group, which enters into long-term contracts with the U.S.