Duff & Phelps Investment Management Co. Has $100.56 Million Stock Holdings in American Water Works Company, Inc. (NYSE:AWK)

Duff & Phelps Investment Management Co. lifted its position in American Water Works Company, Inc. (NYSE:AWK - Free Report) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 761,875 shares of the utilities provider's stock after purchasing an additional 12,000 shares during the quarter. Duff & Phelps Investment Management Co. owned 0.39% of American Water Works worth $100,560,000 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. U.S. Capital Wealth Advisors LLC grew its stake in shares of American Water Works by 1.5% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 6,152 shares of the utilities provider's stock valued at $762,000 after purchasing an additional 91 shares during the period. Valeo Financial Advisors LLC bought a new stake in American Water Works in the third quarter valued at $277,000. Commonwealth Equity Services LLC raised its stake in American Water Works by 0.7% during the third quarter. Commonwealth Equity Services LLC now owns 96,987 shares of the utilities provider's stock worth $12,010,000 after acquiring an additional 669 shares in the last quarter. Compagnie Lombard Odier SCmA bought a new position in shares of American Water Works during the third quarter valued at $33,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of American Water Works by 10.5% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 122,378 shares of the utilities provider's stock worth $15,154,000 after purchasing an additional 11,651 shares during the last quarter. 86.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on AWK shares. StockNews.com lowered shares of American Water Works from a "hold" rating to a "sell" rating in a report on Wednesday, April 3rd. Evercore ISI downgraded American Water Works from an "outperform" rating to an "in-line" rating and cut their price objective for the company from $160.00 to $135.00 in a research report on Friday, February 16th.

Insider Buying and Selling

In related news, EVP Melanie M. Kennedy sold 843 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $119.59, for a total value of $100,814.37. Following 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.08% of the stock is owned by insiders.

American Water Works Trading Up 0.0 %

AWK stock traded up $0.04 during midday trading on Tuesday, reaching $122.32. The stock had a trading volume of 1,325,075 shares, compared to its average volume of 1,464,083. The firm has a market cap of $23.83 billion, a price-to-earnings ratio of 25.01, a PEG ratio of 2.88 and a beta of 0.63. American Water Works Company, Inc. has a twelve month low of $113.34 and a twelve month 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 business has a fifty day simple moving average of $119.12 and a two-hundred day simple moving average of $124.24.

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