American Water Works Company, Inc. (NYSE:AWK) Shares Sold by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. decreased its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 28.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,030 shares of the utilities provider’s stock after selling 44,724 shares during the quarter. Van Lanschot Kempen Investment Management N.V.’s holdings in American Water Works were worth $14,196,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in AWK. Nordea Investment Management AB lifted its position in American Water Works by 5.5% during the 4th quarter. Nordea Investment Management AB now owns 2,418,102 shares of the utilities provider’s stock worth $300,739,000 after acquiring an additional 125,128 shares during the period. Sovran Advisors LLC acquired a new position in American Water Works in the 4th quarter worth approximately $277,000. M&T Bank Corp raised its position in American Water Works by 3.3% during the 4th quarter. M&T Bank Corp now owns 65,249 shares of the utilities provider’s stock worth $8,123,000 after buying an additional 2,113 shares during the last quarter. Czech National Bank boosted its holdings in shares of American Water Works by 6.5% in the 4th quarter. Czech National Bank now owns 42,257 shares of the utilities provider’s stock valued at $5,261,000 after acquiring an additional 2,562 shares during the last quarter. Finally, PFW Advisors LLC acquired a new stake in shares of American Water Works in the fourth quarter worth $1,783,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on AWK shares. Wells Fargo & Company increased their price target on American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 13th. JPMorgan Chase & Co. cut their target price on shares of American Water Works from $147.00 to $128.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. Finally, StockNews.com raised shares of American Water Works from a “sell” rating to a “hold” rating in a report on Friday, April 4th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $141.86.

American Water Works Trading Down 0.8 %

Shares of AWK opened at $147.18 on Tuesday. The firm’s fifty day moving average is $140.65 and its two-hundred day moving average is $134.25. The stock has a market cap of $28.70 billion, a PE ratio of 27.31, a price-to-earnings-growth ratio of 2.80 and a beta of 0.68. The company has a quick ratio of 0.35, a current ratio of 0.39 and a debt-to-equity ratio of 1.21. American Water Works Company, Inc. has a 52-week low of $117.67 and a 52-week high of $155.50.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.09. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.11 billion. Research analysts forecast that American Water Works Company, Inc. will post 5.71 earnings per share for the current fiscal year.

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.