American Water Works Company, Inc. (NYSE:AWK) Shares Purchased by Mountain Pacific Investment Advisers Inc. ID

Mountain Pacific Investment Advisers Inc. ID increased its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 10.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 8,570 shares of the utilities provider’s stock after acquiring an additional 800 shares during the period. Mountain Pacific Investment Advisers Inc. ID’s holdings in American Water Works were worth $1,131,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MV Capital Management Inc. lifted its position in American Water Works by 110.8% during the 4th quarter. MV Capital Management Inc. now owns 196 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 103 shares in the last quarter. ORG Partners LLC lifted its position in American Water Works by 79.2% during the 4th quarter. ORG Partners LLC now owns 233 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 103 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new position in American Water Works during the 4th quarter worth approximately $35,000. Compagnie Lombard Odier SCmA acquired a new position in American Water Works during the 3rd quarter worth approximately $33,000. Finally, Key Financial Inc raised its position in shares of American Water Works by 266.7% in the 4th quarter. Key Financial Inc now owns 275 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 200 shares in the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

American Water Works Stock Performance

Shares of AWK opened at $120.78 on Friday. American Water Works Company, Inc. has a 52-week low of $113.34 and a 52-week high of $151.24. 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 firm has a market cap of $23.53 billion, a price-to-earnings ratio of 24.70, a PEG ratio of 2.88 and a beta of 0.63. The business’s 50 day moving average is $119.13 and its two-hundred day moving average is $124.20.

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

Insider Activity

In other news, EVP Melanie M. Kennedy sold 843 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $119.59, for a total value of $100,814.37. Following the completion of the sale, the executive vice president now directly owns 16,240 shares in the company, valued at approximately $1,942,141.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.08% of the company’s stock.

About American Water Works

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.