AHL Partners LLP lifted its holdings in American Water Works (NYSE:AWK) by 244.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,412 shares of the utilities provider’s stock after purchasing an additional 36,474 shares during the period. AHL Partners LLP’s holdings in American Water Works were worth $4,007,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Flagship Harbor Advisors LLC grew its stake in shares of American Water Works by 0.3% in the 1st quarter. Flagship Harbor Advisors LLC now owns 3,757 shares of the utilities provider’s stock worth $293,000 after purchasing an additional 13 shares during the last quarter. Day & Ennis LLC grew its stake in shares of American Water Works by 0.4% in the 1st quarter. Day & Ennis LLC now owns 3,329 shares of the utilities provider’s stock worth $259,000 after purchasing an additional 14 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of American Water Works by 0.5% in the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 9,253 shares of the utilities provider’s stock worth $720,000 after purchasing an additional 50 shares during the last quarter. Murphy Capital Management Inc. grew its stake in shares of American Water Works by 0.4% in the 2nd quarter. Murphy Capital Management Inc. now owns 13,175 shares of the utilities provider’s stock worth $1,026,000 after purchasing an additional 50 shares during the last quarter. Finally, Fiduciary Trust Co. grew its stake in shares of American Water Works by 1.0% in the 2nd quarter. Fiduciary Trust Co. now owns 4,852 shares of the utilities provider’s stock worth $378,000 after purchasing an additional 50 shares during the last quarter. 79.77% of the stock is currently owned by institutional investors.

In other news, COO Walter Lynch sold 3,335 shares of the company’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $82.05, for a total value of $273,636.75. Following the completion of the sale, the chief operating officer now directly owns 94,702 shares of the company’s stock, valued at approximately $7,770,299.10. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.34% of the company’s stock.

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American Water Works (NYSE AWK) opened at 82.77 on Monday. The firm has a 50 day moving average of $81.81 and a 200 day moving average of $79.68. The firm has a market capitalization of $14.76 billion, a PE ratio of 31.25 and a beta of 0.25. American Water Works has a one year low of $69.41 and a one year high of $83.14.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Wednesday, August 2nd. The utilities provider reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.07). The company had revenue of $844.00 million during the quarter, compared to the consensus estimate of $869.52 million. American Water Works had a net margin of 14.20% and a return on equity of 9.70%. The business’s revenue was up 2.1% compared to the same quarter last year. During the same period last year, the company earned $0.77 earnings per share. Equities analysts forecast that American Water Works will post $3.00 EPS for the current year.

Several equities analysts have recently issued reports on the stock. BidaskClub cut shares of American Water Works from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. Boenning Scattergood reaffirmed a “hold” rating on shares of American Water Works in a research note on Friday, September 22nd. Zacks Investment Research raised shares of American Water Works from a “sell” rating to a “hold” rating in a research note on Thursday, September 14th. Vetr cut shares of American Water Works from a “buy” rating to a “hold” rating and set a $84.04 price objective on the stock. in a research note on Wednesday, June 14th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $82.00 target price on shares of American Water Works in a report on Sunday, October 1st. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $82.86.

American Water Works Profile

American Water Works Company, Inc is a holding company for regulated and market-based subsidiaries throughout the United States and Ontario, Canada. The Company’s Regulated Businesses segment provides water and wastewater services as public utilities in 16 states in the United States as of December 31, 2016.

Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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