November 29, 2016 - By Peter Kolinski
After the publishing of a form filled with Washington-based Security and Exchange Commission; a new insider trading trade became apparent. The President and CEO of American Water Works Company Inc, Susan Story; did a transaction in the open market by buying 39 shares at the avg. market share price which was $74.9 of the Pinksheet-listed company worth approx. $2,921 US Dollars. At present, Susan Story owns a total of 55,374 shares or 0.03% of American Water Works Company Inc’s market capitalization.
Out of 8 analysts covering American Water Works (NYSE:AWK), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. $88 is the highest target while $66 is the lowest. The $79.25 average target is 4.30% above today’s ($75.98) stock price. American Water Works has been the topic of 13 analyst reports since October 15, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating given on Wednesday, March 2 by Robert W. Baird. Barclays Capital maintained the stock with “Overweight” rating in Friday, May 6 report. The stock of American Water Works Company Inc (NYSE:AWK) earned “Neutral” rating by Janney Capital on Friday, February 26. The firm has “Neutral” rating by Bank of America given on Wednesday, July 6. Argus Research initiated the stock with “Buy” rating in Friday, June 24 report. The stock of American Water Works Company Inc (NYSE:AWK) earned “Outperform” rating by Robert W. Baird on Friday, October 14. The stock of American Water Works Company Inc (NYSE:AWK) earned “Neutral” rating by Ladenburg Thalmann on Thursday, October 15. The stock of American Water Works Company Inc (NYSE:AWK) earned “Overweight” rating by Barclays Capital on Tuesday, September 6. The rating was downgraded by Boenning & Scattergood on Monday, June 6 to “Neutral”. The rating was upgraded by Bank of America to “Buy” on Wednesday, November 9.
Insitutional Activity: The institutional sentiment decreased to 0.94 in 2016 Q2. Its down 0.06, from 1 in 2016Q1. The ratio turned negative, as 35 funds sold all American Water Works Company Inc shares owned while 196 reduced positions. 46 funds bought stakes while 186 increased positions. They now own 143.32 million shares or 6.07% less from 152.58 million shares in 2016Q1.
Covington Capital Mngmt last reported 0.34% of its portfolio in the stock. Thompson Siegel & Walmsley Ltd Limited Liability Company holds 0% or 2,293 shares in its portfolio. Menta Capital Ltd Liability Com accumulated 0.06% or 5,500 shares. Daiwa Sb Ltd accumulated 134,650 shares or 3.21% of the stock. Bessemer Grp Inc has invested 0.64% of its portfolio in American Water Works Company Inc (NYSE:AWK). Umb Savings Bank N A Mo reported 3,400 shares or 0.01% of all its holdings. Wfg Advisors L P last reported 2,708 shares in the company. Moreover, Employees Retirement System Of Texas has 0.11% invested in American Water Works Company Inc (NYSE:AWK) for 92,200 shares. Babson Mngmt Ltd Liability holds 0.06% or 25,550 shares in its portfolio. Friedberg, a Texas-based fund reported 45,925 shares. Comerica Bancorp owns 68,037 shares or 0.05% of their US portfolio. Sigma Planning last reported 10,724 shares in the company. Duff Phelps Invest Mgmt accumulated 1.06M shares or 1.35% of the stock. Belmont Advisors Incorporated owns 10,015 shares or 0.81% of their US portfolio. The Ontario – Canada-based National Bank & Trust Of Montreal Can has invested 0.04% in American Water Works Company Inc (NYSE:AWK).
Insider Transactions: Since August 17, 2016, the stock had 0 buys, and 3 selling transactions for $2.43 million net activity. Strauss Mark F. sold $1.18 million worth of American Water Works Company Inc (NYSE:AWK) on Wednesday, August 17. $497,865 worth of American Water Works Company Inc (NYSE:AWK) was sold by Lynch Walter on Friday, August 19.
The stock increased 1.44% or $1.08 during the last trading session, hitting $75.98. About 978,873 shares traded hands. American Water Works Company Inc (NYSE:AWK) has risen 4.89% since April 26, 2016 and is uptrending. It has underperformed by 0.37% the S&P500.
American Water Works Company, Inc. is a holding company. The company has a market cap of $13.62 billion. The Firm is a water and wastewater utility company. It has a 29.06 P/E ratio. The Firm operates through two divisions: the Regulated Businesses and the Market-Based Businesses.
According to Zacks Investment Research, “AMER WATER is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs nearly seven thousand dedicated professionals who provide drinking water, wastewater and other related services to approximately 15.6 million people in 32 states and Ontario, Canada.”
Analysts await American Water Works Company Inc (NYSE:AWK) to report earnings on February, 23. They expect $0.56 EPS, up 1.82% or $0.01 from last year’s $0.55 per share. AWK’s profit will be $100.38 million for 33.92 P/E if the $0.56 EPS becomes a reality. After $1.05 actual EPS reported by American Water Works Company Inc for the previous quarter, Wall Street now forecasts -46.67% negative EPS growth.
More recent American Water Works Company Inc (NYSE:AWK) news were published by: Fool.com which released: “Will American Water Works Company, Inc. Sink or Swim?” on April 04, 2016. Also Fool.com published the news titled: “3 Reasons American Water Works Company, Inc.’s Stock Could Soar” on April 01, 2016. Seekingalpha.com‘s news article titled: “American Water Works Dividend Stock Analysis 2016” with publication date: November 21, 2016 was also an interesting one.
American Water Works Company, Inc., incorporated on August 28, 1936, is a holding company. The Firm is a water and wastewater utility company. The Firm provides drinking water, wastewater and other water related services to approximately 15 million people in over 50 states, the District of Columbia and Ontario, Canada. The Firm operates through two divisions: the Regulated Businesses and the Market-Based Businesses. The Company’s American Water Works Service Company subsidiary provides shared services and corporate governance for its operating subsidiaries, such as accounting and finance, administration, business development, communications, corporate administrative, education and training, engineering, financial, health and safety, human resources, information systems, internal audit, investor relations, legal, operations, procurement, rates support, security, risk management, water quality, and research and development.
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