American Water Works Company, Inc. (NYSE:AWK) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC increased its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 0.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,233 shares of the utilities provider’s stock after purchasing an additional 310 shares during the quarter. Yousif Capital Management LLC’s holdings in American Water Works were worth $4,386,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Raymond James & Associates lifted its holdings in shares of American Water Works by 3.9% during the fourth quarter. Raymond James & Associates now owns 538,884 shares of the utilities provider’s stock worth $71,127,000 after purchasing an additional 20,288 shares during the period. Assenagon Asset Management S.A. boosted its holdings in American Water Works by 7,752.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 483,391 shares of the utilities provider’s stock worth $63,803,000 after buying an additional 477,235 shares in the last quarter. Covea Finance grew its position in American Water Works by 20.4% during the fourth quarter. Covea Finance now owns 278,493 shares of the utilities provider’s stock worth $36,758,000 after buying an additional 47,200 shares during the period. Natixis Advisors L.P. increased its holdings in American Water Works by 27.8% in the third quarter. Natixis Advisors L.P. now owns 81,976 shares of the utilities provider’s stock valued at $10,151,000 after buying an additional 17,834 shares in the last quarter. Finally, Arlington Trust Co LLC acquired a new stake in shares of American Water Works during the 4th quarter valued at approximately $1,207,000. 86.58% of the stock is owned by institutional investors and hedge funds.

American Water Works Stock Down 0.6 %

AWK stock opened at $120.78 on Friday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.65 and a quick ratio of 0.59. The company’s 50 day simple moving average is $119.13 and its 200-day simple moving average is $124.18. American Water Works Company, Inc. has a 12 month low of $113.34 and a 12 month high of $151.24. The firm has a market capitalization of $23.53 billion, a PE ratio of 24.70, a P/E/G ratio of 2.89 and a beta of 0.63.

American Water Works (NYSE:AWK) last posted its earnings results on Thursday, February 15th. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.04. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.02 billion. American Water Works had a return on equity of 9.70% and a net margin of 22.30%. American Water Works’s revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.81 EPS. Equities analysts expect that American Water Works Company, Inc. will post 5.24 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. StockNews.com downgraded American Water Works from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd. Evercore ISI cut American Water Works from an “outperform” rating to an “in-line” rating and dropped their price target for the company from $160.00 to $135.00 in a research report on Friday, February 16th.

Insider Activity at American Water Works

In related news, EVP Melanie M. Kennedy sold 843 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $119.59, for a total value of $100,814.37. Following the completion of the transaction, the executive vice president now owns 16,240 shares of the company’s stock, valued at approximately $1,942,141.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.08% of the company’s stock.

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.