American Water Works Company, Inc. (NYSE:AWK) Shares Bought by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 11.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,852 shares of the utilities provider’s stock after purchasing an additional 495 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in American Water Works were worth $640,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Diversified LLC raised its holdings in shares of American Water Works by 3.2% during the fourth quarter. Diversified LLC now owns 2,547 shares of the utilities provider’s stock worth $336,000 after purchasing an additional 80 shares during the period. Brookstone Capital Management increased its holdings in shares of American Water Works by 4.8% in the 4th quarter. Brookstone Capital Management now owns 1,809 shares of the utilities provider’s stock worth $239,000 after acquiring an additional 83 shares during the period. U.S. Capital Wealth Advisors LLC increased its holdings in shares of American Water Works by 1.5% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 6,152 shares of the utilities provider’s stock worth $762,000 after acquiring an additional 91 shares during the period. Consolidated Portfolio Review Corp increased its holdings in shares of American Water Works by 0.5% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 20,919 shares of the utilities provider’s stock worth $2,590,000 after acquiring an additional 94 shares during the period. Finally, MV Capital Management Inc. increased its holdings in shares of American Water Works by 110.8% in the 4th quarter. MV Capital Management Inc. now owns 196 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 103 shares during the period. 86.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity at American Water Works

In related news, EVP Melanie M. Kennedy sold 843 shares of the stock in a transaction dated 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 approximately $1,942,141.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.08% of the stock is currently owned by insiders.

American Water Works Stock Performance

Shares of AWK opened at $120.78 on Friday. The firm has a 50-day moving average price of $119.13 and a 200 day moving average price of $124.20. The firm has a market capitalization of $23.53 billion, a PE ratio of 24.70, a P/E/G ratio of 2.90 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 $113.34 and a 52-week high of $151.24.

American Water Works (NYSE:AWK) last announced its earnings results on Thursday, February 15th. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.04. The firm had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.02 billion. American Water Works had a net margin of 22.30% and a return on equity of 9.70%. American Water Works’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.81 EPS. On average, sell-side analysts anticipate that American Water Works Company, Inc. will post 5.24 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.