Financial Engines Advisors L.L.C. Acquires Shares of 4,248 American Water Works Company, Inc. (NYSE:AWK)

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

Several other institutional investors have also recently made changes to their positions in AWK. Crews Bank & Trust purchased a new stake in American Water Works in the 4th quarter valued at about $26,000. Providence First Trust Co bought a new position in American Water Works in the 4th quarter valued at $27,000. Whipplewood Advisors LLC purchased a new stake in shares of American Water Works during the 4th quarter valued at $28,000. EverSource Wealth Advisors LLC raised its stake in shares of American Water Works by 54.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 103 shares during the period. Finally, Flagship Wealth Advisors LLC purchased a new position in shares of American Water Works in the 4th quarter worth about $47,000. Institutional investors own 86.58% of the company’s stock.

Analyst Ratings Changes

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

American Water Works Stock Performance

Shares of AWK stock opened at $143.24 on Friday. The firm’s 50 day moving average is $132.73 and its 200 day moving average is $134.49. The stock has a market capitalization of $27.92 billion, a P/E ratio of 26.58, a PEG 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 current ratio of 0.39, a quick ratio of 0.35 and a debt-to-equity ratio of 1.21.

American Water Works (NYSE:AWK) last posted its earnings results on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.09. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.11 billion. American Water Works had a return on equity of 10.29% and a net margin of 22.44%. On average, sell-side analysts anticipate that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

About American Water Works

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.