ORG Partners LLC Buys 103 Shares of American Water Works Company, Inc. (NYSE:AWK)

ORG Partners LLC boosted its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 79.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 233 shares of the utilities provider’s stock after purchasing an additional 103 shares during the quarter. ORG Partners LLC’s holdings in American Water Works were worth $31,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AWK. Ellis Investment Partners LLC bought a new stake in shares of American Water Works in the 4th quarter valued at about $229,000. First Personal Financial Services boosted its stake in American Water Works by 5.6% in the fourth quarter. First Personal Financial Services now owns 73,115 shares of the utilities provider’s stock valued at $9,650,000 after acquiring an additional 3,860 shares in the last quarter. Sapient Capital LLC purchased a new position in American Water Works in the fourth quarter worth $359,000. Cerity Partners LLC increased its position in shares of American Water Works by 64.7% during the fourth quarter. Cerity Partners LLC now owns 151,115 shares of the utilities provider’s stock worth $19,946,000 after purchasing an additional 59,341 shares in the last quarter. Finally, Carr Financial Group Corp increased its position in shares of American Water Works by 13.2% during the fourth quarter. Carr Financial Group Corp now owns 2,539 shares of the utilities provider’s stock worth $335,000 after purchasing an additional 297 shares in the last quarter. Hedge funds and other institutional investors own 86.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on AWK shares. StockNews.com downgraded American Water Works from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd. Evercore ISI downgraded shares of American Water Works from an “outperform” rating to an “in-line” rating and cut their price objective for the company from $160.00 to $135.00 in a report on Friday, February 16th.

Insider Buying and Selling

In other American Water Works news, EVP Melanie M. Kennedy sold 843 shares of American Water Works stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $119.59, for a total transaction of $100,814.37. Following the completion of the sale, the executive vice president now directly owns 16,240 shares in the company, valued at approximately $1,942,141.60. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.08% of the stock is owned by corporate insiders.

American Water Works Price Performance

NYSE AWK opened at $113.82 on Wednesday. The company has a market cap of $22.17 billion, a price-to-earnings ratio of 23.28, a PEG ratio of 2.78 and a beta of 0.63. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.65 and a quick ratio of 0.59. The stock’s fifty day moving average price is $119.58 and its 200 day moving average price is $124.24. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $152.99.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Thursday, February 15th. The utilities provider reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.04. American Water Works had a return on equity of 9.70% and a net margin of 22.30%. The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same period in the prior year, the company earned $0.81 earnings per share. The company’s revenue was up 10.8% on a year-over-year basis. As a group, equities research analysts forecast that American Water Works Company, Inc. will post 5.24 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.