American Water Works Company, Inc. (NYSE:AWK) Shares Purchased by Headlands Technologies LLC

Headlands Technologies LLC raised its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 10.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 894 shares of the utilities provider’s stock after acquiring an additional 84 shares during the period. Headlands Technologies LLC’s holdings in American Water Works were worth $118,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in AWK. Sonen Capital LLC grew its position in American Water Works by 2.7% in the 4th quarter. Sonen Capital LLC now owns 7,261 shares of the utilities provider’s stock valued at $958,000 after buying an additional 189 shares in the last quarter. Mountain Pacific Investment Advisers Inc. ID raised its holdings in American Water Works by 10.3% during the fourth quarter. Mountain Pacific Investment Advisers Inc. ID now owns 8,570 shares of the utilities provider’s stock worth $1,131,000 after purchasing an additional 800 shares in the last quarter. Centered Wealth LLC dba Miller Equity Capital Advisors acquired a new stake in American Water Works in the fourth quarter worth approximately $271,000. Bank Julius Baer & Co. Ltd Zurich increased its position in shares of American Water Works by 34.8% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 5,654 shares of the utilities provider’s stock valued at $746,000 after purchasing an additional 1,460 shares during the period. Finally, Sycomore Asset Management raised its stake in shares of American Water Works by 12.7% in the 4th quarter. Sycomore Asset Management now owns 12,129 shares of the utilities provider’s stock worth $1,604,000 after buying an additional 1,371 shares in the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Insider Buying and Selling at American Water Works

In related news, EVP Melanie M. Kennedy sold 843 shares of the firm’s 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 $1,942,141.60. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.08% of the company’s stock.

American Water Works Stock Up 1.2 %

Shares of NYSE:AWK opened at $122.28 on Tuesday. The firm has a 50 day simple moving average of $119.12 and a 200 day simple moving average of $124.24. American Water Works Company, Inc. has a 52 week low of $113.34 and a 52 week high of $151.24. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.59 and a current ratio of 0.65. The company has a market cap of $23.82 billion, a PE ratio of 25.01, a price-to-earnings-growth ratio of 2.88 and a beta of 0.63.

American Water Works (NYSE:AWK) last released 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. American Water Works had a return on equity of 9.70% and a net margin of 22.30%. The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the prior year, the company earned $0.81 earnings per share. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. As a group, research analysts expect that American Water Works Company, Inc. will post 5.24 earnings per share for the current year.

Wall Street Analyst Weigh In

AWK has been the subject of several research reports. Evercore ISI cut American Water Works from an “outperform” rating to an “in-line” rating and decreased their target price for the company from $160.00 to $135.00 in a research note 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 Company 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.