American Water Works Company, Inc. (NYSE:AWK) Stock Holdings Lessened by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its position in American Water Works Company, Inc. (NYSE:AWK) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,136 shares of the utilities provider’s stock after selling 522 shares during the period. Nisa Investment Advisors LLC’s holdings in American Water Works were worth $3,054,000 at the end of the most recent reporting period.

A number of other hedge funds 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 first quarter. Dimensional Fund Advisors LP now owns 623,854 shares of the utilities provider’s stock worth $103,268,000 after buying an additional 30,316 shares during the last quarter. Aviva PLC grew its holdings in American Water Works by 33.1% during the first 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 grew its holdings in American Water Works by 53.1% during the first 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. grew its holdings in American Water Works by 2.0% during the first 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. grew its holdings in American Water Works by 21.9% during the first 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 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. StockNews.com downgraded American Water Works from a “hold” rating to a “sell” rating in a report on Wednesday, April 3rd. Evercore ISI downgraded American Water Works from an “outperform” rating to an “in-line” rating and lowered their price target for the company from $160.00 to $135.00 in a report on Friday, February 16th.

Insider Buying and Selling

In related news, EVP Melanie M. Kennedy sold 843 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was 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 directly owns 16,240 shares of the company’s stock, valued at $1,942,141.60. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.08% of the stock is owned by company insiders.

American Water Works Trading Down 1.0 %

Shares of American Water Works stock opened at $116.60 on Friday. The company’s fifty day simple moving average is $119.87 and its 200-day simple moving average is $124.42. The company has a market cap of $22.72 billion, a price-to-earnings ratio of 23.84, a PEG ratio of 2.83 and a beta of 0.63. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.20. American Water Works Company, Inc. has a 1 year low of $114.25 and a 1 year high of $152.99.

American Water Works (NYSE:AWK) last issued its 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 firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.02 billion. American Water Works had a return on equity of 9.70% and a net margin of 22.30%. American Water Works’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the business earned $0.81 earnings per share. As a group, sell-side analysts expect that American Water Works Company, Inc. will post 5.24 EPS 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.