Schnieders Capital Management LLC Has $911,000 Stake in American Water Works Company, Inc. (NYSE:AWK)

Schnieders Capital Management LLC decreased its stake in shares of American Water Works Company, Inc. (NYSE:AWK) by 9.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 6,902 shares of the utilities provider’s stock after selling 729 shares during the period. Schnieders Capital Management LLC’s holdings in American Water Works were worth $911,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. MV Capital Management Inc. lifted its position in shares of American Water Works by 110.8% in 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 during the period. ORG Partners LLC raised its holdings in American Water Works by 79.2% during the fourth 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 fourth quarter worth approximately $35,000. Compagnie Lombard Odier SCmA acquired a new position in shares of American Water Works in the third quarter valued at approximately $33,000. Finally, Key Financial Inc boosted its stake in shares of American Water Works by 266.7% in the fourth quarter. Key Financial Inc now owns 275 shares of the utilities provider’s stock valued at $36,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 86.58% of the company’s stock.

Insider Buying and Selling at American Water Works

In related news, EVP Melanie M. Kennedy sold 843 shares of the business’s stock in a transaction 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 completion of the sale, the executive vice president now owns 16,240 shares of the company’s stock, valued at approximately $1,942,141.60. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.08% of the company’s stock.

American Water Works Price Performance

AWK traded up $0.60 during trading on Tuesday, hitting $119.86. 1,255,464 shares of the company traded hands, compared to its average volume of 1,460,838. American Water Works Company, Inc. has a 1 year low of $113.34 and a 1 year high of $152.99. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.20. The stock’s 50-day simple moving average is $119.20 and its two-hundred day simple moving average is $124.22. The company has a market cap of $23.35 billion, a PE ratio of 24.51, a P/E/G ratio of 2.83 and a beta of 0.63.

American Water Works (NYSE:AWK) last posted its earnings results on Thursday, February 15th. The utilities provider reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.04. The business had revenue of $1.03 billion for 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%. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.81 EPS. As a group, sell-side analysts anticipate that American Water Works Company, Inc. will post 5.24 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.