American Water Works Company, Inc. (NYSE:AWK) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in shares of American Water Works Company, Inc. (NYSE:AWKFree Report) by 30.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,759 shares of the utilities provider’s stock after buying an additional 7,938 shares during the period. SG Americas Securities LLC’s holdings in American Water Works were worth $4,456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in AWK. Dimensional Fund Advisors LP increased its holdings in American Water Works by 5.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 623,854 shares of the utilities provider’s stock valued at $103,268,000 after purchasing an additional 30,316 shares during the last quarter. Aviva PLC increased its holdings in American Water Works by 33.1% in the 1st quarter. Aviva PLC now owns 78,509 shares of the utilities provider’s stock valued at $12,996,000 after purchasing an additional 19,512 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in American Water Works by 53.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 2,079 shares of the utilities provider’s stock valued at $344,000 after purchasing an additional 721 shares during the last quarter. Vanguard Group Inc. increased its holdings in American Water Works by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 21,960,717 shares of the utilities provider’s stock valued at $3,635,157,000 after purchasing an additional 434,737 shares during the last quarter. Finally, Brown Brothers Harriman & Co. increased its holdings in American Water Works by 21.9% in the 1st quarter. Brown Brothers Harriman & Co. now owns 2,186 shares of the utilities provider’s stock valued at $362,000 after purchasing an additional 392 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Evercore ISI downgraded shares of American Water Works from an “outperform” rating to an “in-line” rating and dropped their target price for the company from $160.00 to $135.00 in a report on Friday, February 16th.

Check Out Our Latest Stock Report on AWK

Insiders Place Their Bets

In other American Water Works news, EVP Melanie M. Kennedy sold 843 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $119.59, for a total value of $100,814.37. Following the completion of the transaction, the executive vice president now owns 16,240 shares in the company, valued at $1,942,141.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.08% of the company’s stock.

American Water Works Stock Performance

NYSE:AWK opened at $117.75 on Monday. The company has a fifty day simple moving average of $121.75 and a two-hundred day simple moving average of $126.09. The company has a market cap of $22.93 billion, a price-to-earnings ratio of 24.08, a price-to-earnings-growth ratio of 2.91 and a beta of 0.63. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.20. American Water Works Company, Inc. has a 52 week low of $114.25 and a 52 week high of $153.43.

American Water Works (NYSE:AWKGet Free Report) last posted its quarterly earnings results on Thursday, February 15th. The utilities provider reported $0.88 EPS for the quarter, topping the consensus estimate of $0.84 by $0.04. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.02 billion. American Water Works had a net margin of 22.30% and a return on equity of 9.70%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.81 earnings per share. As a group, equities analysts anticipate that American Water Works Company, Inc. will post 5.23 earnings per share for the current fiscal year.

American Water Works Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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