Squarepoint Ops LLC acquired a new position in shares of American Water Works Company Inc (NYSE:AWK) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 67,392 shares of the utilities provider’s stock, valued at approximately $6,117,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Federated Investors Inc. PA lifted its holdings in shares of American Water Works by 9,419.3% during the 3rd quarter. Federated Investors Inc. PA now owns 923,280 shares of the utilities provider’s stock valued at $81,221,000 after buying an additional 913,581 shares during the last quarter. Vanguard Group Inc lifted its holdings in shares of American Water Works by 2.3% during the 3rd quarter. Vanguard Group Inc now owns 19,220,656 shares of the utilities provider’s stock valued at $1,690,841,000 after buying an additional 436,131 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of American Water Works by 3.1% during the 3rd quarter. BlackRock Inc. now owns 14,023,195 shares of the utilities provider’s stock valued at $1,233,619,000 after buying an additional 417,354 shares during the last quarter. California Public Employees Retirement System lifted its holdings in shares of American Water Works by 40.2% during the 4th quarter. California Public Employees Retirement System now owns 932,573 shares of the utilities provider’s stock valued at $84,650,000 after buying an additional 267,380 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of American Water Works by 47.0% during the 3rd quarter. Renaissance Technologies LLC now owns 715,800 shares of the utilities provider’s stock valued at $62,969,000 after buying an additional 228,700 shares during the last quarter. Hedge funds and other institutional investors own 85.11% of the company’s stock.

Several brokerages have recently issued reports on AWK. Zacks Investment Research lowered American Water Works from a “buy” rating to a “hold” rating in a report on Monday, December 10th. Wells Fargo & Co lifted their price target on American Water Works from $97.00 to $104.00 and gave the company an “outperform” rating in a report on Wednesday, December 12th. Janney Montgomery Scott reiterated a “buy” rating and set a $102.00 price target on shares of American Water Works in a report on Thursday, February 21st. Robert W. Baird lifted their price target on American Water Works from $103.00 to $104.00 and gave the company an “outperform” rating in a report on Wednesday, December 12th. Finally, Bank of America lifted their price target on American Water Works from $92.00 to $103.00 and gave the company a “neutral” rating in a report on Thursday, February 21st. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. American Water Works presently has a consensus rating of “Buy” and an average price target of $103.29.

AWK opened at $106.78 on Monday. The company has a market cap of $19.30 billion, a PE ratio of 32.36, a PEG ratio of 3.71 and a beta of 0.25. The company has a current ratio of 0.37, a quick ratio of 0.35 and a debt-to-equity ratio of 1.29. American Water Works Company Inc has a 1 year low of $77.73 and a 1 year high of $107.71.

American Water Works (NYSE:AWK) last released its quarterly earnings data on Tuesday, February 19th. The utilities provider reported $0.69 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.69. The business had revenue of $850.00 million for the quarter, compared to analysts’ expectations of $823.93 million. American Water Works had a return on equity of 10.36% and a net margin of 16.48%. American Water Works’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.69 earnings per share. As a group, research analysts predict that American Water Works Company Inc will post 3.58 earnings per share for the current year.

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About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States and Canada. It offers water and wastewater services to approximately 1,600 communities in 16 states serving approximately 3.4 million active customers. The company serves residential customers; commercial customers, such as 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; and other utilities and community water and wastewater systems.

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

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