Duality Advisers LP Makes New $2.04 Million Investment in American Water Works Company, Inc. (NYSE:AWK)

Duality Advisers LP acquired a new position in American Water Works Company, Inc. (NYSE:AWK - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 15,430 shares of the utilities provider's stock, valued at approximately $2,037,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AWK. International Assets Investment Management LLC grew its holdings in American Water Works by 7.3% in the 3rd quarter. International Assets Investment Management LLC now owns 3,651 shares of the utilities provider's stock worth $461,000 after buying an additional 247 shares in the last quarter. AE Wealth Management LLC boosted its stake in American Water Works by 6.8% during the 3rd quarter. AE Wealth Management LLC now owns 14,967 shares of the utilities provider's stock valued at $1,853,000 after purchasing an additional 956 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in American Water Works by 17.1% during the 3rd quarter. Geneos Wealth Management Inc. now owns 802 shares of the utilities provider's stock valued at $99,000 after purchasing an additional 117 shares in the last quarter. Ritholtz Wealth Management bought a new position in American Water Works during the 3rd quarter valued at $463,000. Finally, Global Retirement Partners LLC boosted its stake in American Water Works by 8.0% during the 3rd quarter. Global Retirement Partners LLC now owns 1,900 shares of the utilities provider's stock valued at $227,000 after purchasing an additional 141 shares in the last quarter. 86.58% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AWK has been the subject of a number of research reports. StockNews.com lowered American Water Works from a "hold" rating to a "sell" rating in a research note on Wednesday, April 3rd. Evercore ISI lowered American Water Works from an "outperform" rating to an "in-line" rating and decreased their price target for the company from $160.00 to $135.00 in a research note on Friday, February 16th.

Insider Activity

In other news, EVP Melanie M. Kennedy sold 843 shares of the stock in a transaction 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 owns 16,240 shares in the company, valued at $1,942,141.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.08% of the company's stock.

American Water Works Price Performance

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

American Water Works (NYSE:AWK - Get Free Report) last released its quarterly earnings data on Thursday, February 15th. The utilities provider reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.04. The business had revenue of $1.03 billion during 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 last year, the company posted $0.81 EPS. As a group, sell-side analysts predict that American Water Works Company, Inc. will post 5.24 earnings per share for the current year.

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.