November 28, 2016 - By Pete Kolinski · 0 Comments
American Water Works Company Inc (NYSE:AWK) institutional sentiment decreased to 0.94 in 2016 Q2. Its down -0.06, from 1 in 2016Q1. The ratio dropped, as 232 investment managers started new and increased stock positions, while 231 cut down and sold holdings in American Water Works Company Inc. The investment managers in our partner’s database now have: 143.32 million shares, down from 152.58 million shares in 2016Q1. Also, the number of investment managers holding American Water Works Company Inc in their top 10 stock positions decreased from 21 to 19 for a decrease of 2. Sold All: 35 Reduced: 196 Increased: 186 New Position: 46.
American Water Works Company, Inc. is a holding company. The company has a market cap of $13.71 billion. The Firm is a water and wastewater utility company. It has a 28.72 P/E ratio. The Firm operates through two divisions: the Regulated Businesses and the Market-Based Businesses.
About 200 shares traded hands. American Water Works Company Inc (NYSE:AWK) has risen 5.03% since April 25, 2016 and is uptrending. It has underperformed by 0.99% the S&P500.
Analysts await American Water Works Company Inc (NYSE:AWK) to report earnings on February, 23. They expect $0.56 EPS, up 1.82% or $0.01 from last year’s $0.55 per share. AWK’s profit will be $102.22M for 33.53 P/E if the $0.56 EPS becomes a reality. After $1.05 actual EPS reported by American Water Works Company Inc for the previous quarter, Wall Street now forecasts -46.67% negative EPS growth.
According to Zacks Investment Research, “AMER WATER is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs nearly seven thousand dedicated professionals who provide drinking water, wastewater and other related services to approximately 15.6 million people in 32 states and Ontario, Canada.”
Water Asset Management Llc holds 8.08% of its portfolio in American Water Works Company Inc for 104,077 shares. Partners Group Holding Ag owns 459,440 shares or 7.94% of their US portfolio. Moreover, Trellus Management Company Llc has 7.09% invested in the company for 51,600 shares. The United Kingdom-based Impax Asset Management Ltd has invested 5.17% in the stock. Osterweis Capital Management Inc, a California-based fund reported 837,741 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 3 sales for $2.43 million net activity.
Ratings analysis reveals 63% of American Water Works’s analysts are positive. Out of 8 Wall Street analysts rating American Water Works, 5 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $66 while the high is $88. The stock’s average target of $79.25 is 5.51% above today’s ($75.11) share price. AWK was included in 13 notes of analysts from October 15, 2015. The firm has “Neutral” rating given on Friday, February 26 by Janney Capital. The rating was upgraded by Bank of America on Wednesday, November 9 to “Buy”. The stock of American Water Works Company Inc (NYSE:AWK) has “Neutral” rating given on Thursday, October 15 by Ladenburg Thalmann. The rating was maintained by Barclays Capital on Tuesday, September 6 with “Overweight”. The company was initiated on Friday, June 24 by Argus Research. The rating was downgraded by Bank of America to “Neutral” on Wednesday, July 6. On Wednesday, March 2 the stock rating was downgraded by Robert W. Baird to “Neutral”. Boenning & Scattergood downgraded the stock to “Neutral” rating in Monday, June 6 report. The stock of American Water Works Company Inc (NYSE:AWK) earned “Outperform” rating by Robert W. Baird on Friday, October 14. The firm has “Overweight” rating given on Friday, May 6 by Barclays Capital.
American Water Works Company, Inc., incorporated on August 28, 1936, is a holding company. The Firm is a water and wastewater utility company. The Firm provides drinking water, wastewater and other water related services to approximately 15 million people in over 50 states, the District of Columbia and Ontario, Canada. The Firm operates through two divisions: the Regulated Businesses and the Market-Based Businesses. The Company’s American Water Works Service Company subsidiary provides shared services and corporate governance for its operating subsidiaries, such as accounting and finance, administration, business development, communications, corporate administrative, education and training, engineering, financial, health and safety, human resources, information systems, internal audit, investor relations, legal, operations, procurement, rates support, security, risk management, water quality, and research and development.
More recent American Water Works Company Inc (NYSE:AWK) news were published by: Fool.com which released: “Will American Water Works Company, Inc. Sink or Swim?” on April 04, 2016. Also Seekingalpha.com published the news titled: “American Water Works Dividend Stock Analysis 2016” on November 21, 2016. Fool.com‘s news article titled: “3 Reasons American Water Works Company, Inc.’s Stock Could Soar” with publication date: April 01, 2016 was also an interesting one.
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By Pete Kolinski