Financial Engines Advisors L.L.C. Takes Position in American Water Works Company, Inc. (NYSE:AWK)

Financial Engines Advisors L.L.C. acquired a new position in American Water Works Company, Inc. (NYSE:AWK) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,248 shares of the utilities provider’s stock, valued at approximately $529,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Crews Bank & Trust bought a new position in shares of American Water Works in the 4th quarter worth $26,000. Providence First Trust Co purchased a new position in American Water Works in the fourth quarter worth $27,000. Whipplewood Advisors LLC bought a new position in American Water Works in the fourth quarter valued at $28,000. EverSource Wealth Advisors LLC raised its position in American Water Works by 54.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 103 shares in the last quarter. Finally, Flagship Wealth Advisors LLC bought a new stake in American Water Works during the fourth quarter worth about $47,000. 86.58% of the stock is owned by hedge funds and other institutional investors.

American Water Works Stock Up 1.5 %

Shares of NYSE AWK opened at $143.24 on Friday. The company has a market cap of $27.92 billion, a price-to-earnings ratio of 26.58, a PEG ratio of 2.80 and a beta of 0.69. The company has a quick ratio of 0.35, a current ratio of 0.39 and a debt-to-equity ratio of 1.21. The firm’s fifty day moving average is $132.73 and its 200 day moving average is $134.49. American Water Works Company, Inc. has a 52 week low of $113.34 and a 52 week high of $152.07.

American Water Works (NYSE:AWK) last released its quarterly earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.09. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.11 billion. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. On average, equities research analysts expect that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AWK. JPMorgan Chase & Co. cut their target price on American Water Works from $147.00 to $128.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. StockNews.com lowered shares of American Water Works from a “hold” rating to a “sell” rating in a report on Wednesday, March 19th. Finally, Wells Fargo & Company boosted their price target on shares of American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 13th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $141.86.

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.