Sequoia Financial Advisors LLC Has $442,000 Holdings in American Water Works Company, Inc. (NYSE:AWK)

Sequoia Financial Advisors LLC raised its position in shares of American Water Works Company, Inc. (NYSE:AWK) by 6.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,554 shares of the utilities provider’s stock after buying an additional 228 shares during the period. Sequoia Financial Advisors LLC’s holdings in American Water Works were worth $442,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Natural Investments LLC acquired a new stake in American Water Works during the 4th quarter valued at $1,957,000. Independent Advisor Alliance increased its stake in shares of American Water Works by 22.8% in the fourth quarter. Independent Advisor Alliance now owns 1,936 shares of the utilities provider’s stock valued at $241,000 after buying an additional 360 shares in the last quarter. Amundi lifted its position in American Water Works by 11.9% during the 4th quarter. Amundi now owns 4,490,423 shares of the utilities provider’s stock worth $553,687,000 after buying an additional 477,411 shares in the last quarter. Dorsey & Whitney Trust CO LLC lifted its position in American Water Works by 2.7% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 4,112 shares of the utilities provider’s stock worth $512,000 after buying an additional 109 shares in the last quarter. Finally, Blankinship & Foster LLC bought a new stake in American Water Works during the 4th quarter worth about $257,000. Institutional investors own 86.58% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on AWK shares. UBS Group raised shares of American Water Works from a “neutral” rating to a “buy” rating and increased their price target for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. StockNews.com raised American Water Works from a “sell” rating to a “hold” rating in a research note on Tuesday, March 11th. Wells Fargo & Company upped their price target on 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. Finally, JPMorgan Chase & Co. lowered their price objective 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. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, American Water Works presently has a consensus rating of “Hold” and an average target price of $141.86.

American Water Works Price Performance

Shares of AWK opened at $144.67 on Wednesday. The stock has a market cap of $28.20 billion, a P/E ratio of 26.84, a price-to-earnings-growth ratio of 2.80 and a beta of 0.69. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $152.07. The stock’s 50-day moving average price is $130.16 and its two-hundred day moving average price is $134.49. 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 issued its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.09. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.11 billion. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. On average, equities analysts predict that American Water Works Company, Inc. will post 5.71 earnings per share for the current year.

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.