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

Schnieders Capital Management LLC lowered its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 9.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,902 shares of the utilities provider’s stock after selling 729 shares during the period. Schnieders Capital Management LLC’s holdings in American Water Works were worth $911,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. F M Investments LLC acquired a new stake in shares of American Water Works during the fourth quarter valued at $290,000. Yousif Capital Management LLC boosted its stake in American Water Works by 0.9% in the 4th quarter. Yousif Capital Management LLC now owns 33,233 shares of the utilities provider’s stock worth $4,386,000 after buying an additional 310 shares during the last quarter. South Dakota Investment Council boosted its stake in American Water Works by 7.1% in the 4th quarter. South Dakota Investment Council now owns 7,517 shares of the utilities provider’s stock worth $992,000 after buying an additional 500 shares during the last quarter. GAMMA Investing LLC acquired a new stake in American Water Works in the 4th quarter worth about $129,000. Finally, New York State Common Retirement Fund boosted its stake in American Water Works by 1.5% in the 4th quarter. New York State Common Retirement Fund now owns 466,636 shares of the utilities provider’s stock worth $61,591,000 after buying an additional 6,999 shares during the last quarter. Institutional investors and hedge funds own 86.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Evercore ISI lowered American Water Works from an “outperform” rating to an “in-line” rating and decreased their price target for the stock from $160.00 to $135.00 in a research note on Friday, February 16th. StockNews.com lowered American Water Works from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd.

American Water Works Trading Up 0.5 %

Shares of NYSE AWK traded up $0.60 during midday trading on Tuesday, hitting $119.86. The stock had a trading volume of 1,255,464 shares, compared to its average volume of 1,460,838. The company has a market capitalization of $23.35 billion, a price-to-earnings ratio of 24.51, a PEG ratio of 2.83 and a beta of 0.63. American Water Works Company, Inc. has a 1-year low of $113.34 and a 1-year high of $152.99. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.20. The company has a fifty day moving average price of $119.20 and a 200 day moving average price of $124.22.

American Water Works (NYSE:AWK) last released its quarterly earnings data on Thursday, February 15th. The utilities provider reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.04. The business 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%. The company’s revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.81 EPS. On average, analysts predict that American Water Works Company, Inc. will post 5.24 earnings per share for the current year.

Insider Activity

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

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.