American Water Works Company Inc (AWK) : American National Bank scooped up 23,140 additional shares in American Water Works Company Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 17, 2016. The investment management firm now holds a total of 49,908 shares of American Water Works Company Inc which is valued at $3,579,901.American Water Works Company Inc makes up approximately 1.21% of American National Bank’s portfolio.
Other Hedge Funds, Including , Crestpoint Capital Management reduced its stake in AWK by selling 16,800 shares or 82.35% in the most recent quarter. The Hedge Fund company now holds 3,600 shares of AWK which is valued at $258,228. American Water Works Company Inc makes up approx 0.13% of Crestpoint Capital Management’s portfolio.Msi Financial Services Inc boosted its stake in AWK in the latest quarter, The investment management firm added 10,426 additional shares and now holds a total of 15,255 shares of American Water Works Company Inc which is valued at $1,094,699. American Water Works Company Inc makes up approx 0.04% of Msi Financial Services Inc’s portfolio.Patten Patten Inctn boosted its stake in AWK in the latest quarter, The investment management firm added 272 additional shares and now holds a total of 18,882 shares of American Water Works Company Inc which is valued at $1,330,992. American Water Works Company Inc makes up approx 0.17% of Patten Patten Inctn’s portfolio. Eqis Capital Management added AWK to its portfolio by purchasing 4,573 company shares during the most recent quarter which is valued at $325,460. American Water Works Company Inc makes up approx 0.02% of Eqis Capital Management’s portfolio.
American Water Works Company Inc closed down -0.03 points or -0.04% at $71.73 with 8,66,869 shares getting traded on Friday. Post opening the session at $71.76, the shares hit an intraday low of $71.46 and an intraday high of $72.4899 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, American Water Works Company Inc reported $0.77 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.73. The company had revenue of $827.00 million for the quarter, compared to analysts expectations of $840.06 million. The company’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 EPS.
Many Wall Street Analysts have commented on American Water Works Company Inc. Robert W. Baird Initiated American Water Works Company Inc on Oct 14, 2016 to “Outperform”, Price Target of the shares are set at $82.Shares were Reiterated by Barclays on Sep 6, 2016 to “Overweight” and Lowered the Price Target to $ 81 from a previous price target of $87 .
American Water Works Company Inc. is a water and wastewater utility holding company. Through its subsidiaries the Company provides drinking water wastewater and other water related services to approximately 15 million people in approximately 47 states of the United States and one Canadian province. The Company has two operating segments: the Regulated Businesses and the Market-Based Operations. The Regulated Businesses segment owns subsidiaries that provide water and wastewater utility services to residential commercial industrial and other customers. The Market-Based Operations segment provides water and wastewater services to military bases municipalities industrial commercial and residential customers that are not subject to economic regulation by state Public Utility Commissions (PUC). The Company’s subsidiaries include Illinois-American Water Company (ILAWC) American Lake Water Company and West Virginia-American Water Company (WVAWC).