American Water Works Company Inc (AWK) : Stock Yards Bank Trust Co reduced its stake in American Water Works Company Inc by 13.25% during the most recent quarter end. The investment management company now holds a total of 171,193 shares of American Water Works Company Inc which is valued at $12 Million after selling 26,157 shares in American Water Works Company Inc according to a report filed by the company on Apr 5, 2016 with the SEC.American Water Works Company Inc makes up approximately 1.72% of Stock Yards Bank Trust Co’s portfolio.
Other Hedge Funds, Including , Pensionfund Dsm Netherlands sold out all of its stake in AWK during the most recent quarter. The investment firm sold 50,000 shares of AWK which is valued $3.5 Million. Lvm Capital Management Ltdmi added AWK to its portfolio by purchasing 3,050 company shares during the most recent quarter which is valued at $213,805. American Water Works Company Inc makes up approx 0.07% of Lvm Capital Management Ltdmi’s portfolio. Pensionfund Sabic sold out all of its stake in AWK during the most recent quarter. The investment firm sold 25,000 shares of AWK which is valued $1.8 Million.
On the company’s financial health, American Water Works Company Inc reported $0.55 EPS for the quarter, based on the information available during the earnings call on Feb 25, 2016. Analyst had a consensus estimate of $0.55. The company had revenue of $783.00 million for the quarter, compared to analysts expectations of $780.68 million. The company’s revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 EPS.
American Water Works Company Inc closed down -0.28 points or -0.40% at $70.1 with 9,23,396 shares getting traded on Monday. Post opening the session at $70.69, the shares hit an intraday low of $70.02 and an intraday high of $70.82 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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).