American Water Works Company, Inc. (NYSE:AWK) Holdings Lifted by Mizuho Securities USA LLC

Mizuho Securities USA LLC grew its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 46.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,472 shares of the utilities provider’s stock after buying an additional 5,836 shares during the period. Mizuho Securities USA LLC’s holdings in American Water Works were worth $2,300,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Runnymede Capital Advisors Inc. acquired a new position in American Water Works during the 4th quarter worth $256,000. Virtu Financial LLC acquired a new stake in American Water Works in the fourth quarter worth about $2,017,000. Quantbot Technologies LP bought a new position in American Water Works in the 4th quarter valued at about $1,677,000. Sciencast Management LP acquired a new position in American Water Works during the 4th quarter valued at about $507,000. Finally, Lee Danner & Bass Inc. bought a new stake in shares of American Water Works during the 4th quarter worth about $81,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

American Water Works Trading Down 1.0 %

Shares of NYSE AWK opened at $139.71 on Tuesday. The business has a fifty day simple moving average of $131.71 and a 200-day simple moving average of $134.41. The company has a market cap of $27.24 billion, a price-to-earnings ratio of 25.92, a P/E/G ratio of 2.80 and a beta of 0.69. American Water Works Company, Inc. has a 12 month low of $113.34 and a 12 month high of $152.07. 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 (NYSE:AWK) last announced its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, topping the consensus estimate of $1.13 by $0.09. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Sell-side analysts predict that American Water Works Company, Inc. will post 5.71 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on AWK shares. Wells Fargo & Company boosted their target price on American Water Works from $133.00 to $142.00 and gave the stock an “equal weight” rating in a report on Thursday, March 13th. JPMorgan Chase & Co. cut their price objective on 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 lowered American Water Works from a “hold” rating to a “sell” rating in a report on Wednesday, March 19th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average 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.