Traders Sell American Water Works (AWK) on Strength (AWK)

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Traders sold shares of American Water Works Company Inc (NYSE:AWK) on strength during trading hours on Friday. $32.26 million flowed into the stock on the tick-up and $276.48 million flowed out of the stock on the tick-down, for a money net flow of $244.22 million out of the stock. Of all equities tracked, American Water Works had the 24th highest net out-flow for the day. American Water Works traded up $0.82 for the day and closed at $105.81

Several analysts recently issued reports on AWK shares. Zacks Investment Research cut American Water Works from a “buy” rating to a “hold” rating in a research note on Friday, November 16th. Robert W. Baird raised American Water Works from a “neutral” rating to an “outperform” rating and set a $103.00 target price on the stock in a research note on Thursday, December 6th. Wells Fargo & Co raised their target price on American Water Works from $97.00 to $104.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 12th. Finally, Janney Montgomery Scott raised their target price on American Water Works from $96.00 to $102.00 and gave the stock a “buy” rating in a research note on Wednesday, December 12th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $99.35.

The company has a debt-to-equity ratio of 1.29, a current ratio of 0.37 and a quick ratio of 0.35. The company has a market capitalization of $18.98 billion, a PE ratio of 32.06, a PEG ratio of 3.65 and a beta of 0.25.

American Water Works (NYSE:AWK) last posted its earnings results on Tuesday, February 19th. The utilities provider reported $0.69 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.69. The company 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 last year, the firm earned $0.69 earnings per share. On average, equities analysts anticipate that American Water Works Company Inc will post 3.58 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the business. Larson Financial Group LLC bought a new stake in American Water Works during the 4th quarter valued at approximately $28,000. Ruggie Capital Group bought a new stake in American Water Works during the 4th quarter valued at approximately $31,000. Capital Financial Planning LLC bought a new stake in American Water Works during the 4th quarter valued at approximately $31,000. Financial Gravity Companies Inc. bought a new stake in American Water Works during the 4th quarter valued at approximately $32,000. Finally, JNBA Financial Advisors bought a new stake in American Water Works during the 4th quarter valued at approximately $32,000. 84.10% of the stock is currently owned by institutional investors and hedge funds.

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About American Water Works (NYSE:AWK)

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. The company operates approximately 72 surface water treatment plants; 527 groundwater treatment plants; 8 combined treatment plants; 127 wastewater treatment plants; 50,382 miles of transmission, distribution, and collection mains and pipes; 1,103 groundwater wells; 1,428 water and wastewater pumping stations; 1,313 treated water storage facilities; and 80 dams.

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