American Water Works Company Inc (AWK) : Asset Advisors Corp scooped up 5,080 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 Apr 20, 2016. The investment management firm now holds a total of 215,020 shares of American Water Works Company Inc which is valued at $14,887,985.American Water Works Company Inc makes up approximately 3.20% of Asset Advisors Corp’s portfolio.
American Water Works Company Inc opened for trading at $68.4 and hit $69.44 on the upside on Friday, eventually ending the session at $69.24, with a gain of 1.44% or 0.98 points. The heightened volatility saw the trading volume jump to 15,24,547 shares. Company has a market cap of $12,325 M.
Other Hedge Funds, Including , Cornerstone Advisors reduced its stake in AWK by selling 256 shares or 87.67% in the most recent quarter. The Hedge Fund company now holds 36 shares of AWK which is valued at $2,493. Gateway Investment Advisers added AWK to its portfolio by purchasing 15,217 company shares during the most recent quarter which is valued at $1,053,625. American Water Works Company Inc makes up approx 0.01% of Gateway Investment Advisers’s portfolio.Crestpoint Capital Management reduced its stake in AWK by selling 9,700 shares or 32.23% in the most recent quarter. The Hedge Fund company now holds 20,400 shares of AWK which is valued at $1,453,704. American Water Works Company Inc makes up approx 0.79% of Crestpoint Capital Management’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in AWK in the latest quarter, The investment management firm added 18,200 additional shares and now holds a total of 30,803 shares of American Water Works Company Inc which is valued at $2,195,022. American Water Works Company Inc makes up approx 0.05% of Oregon Public Employees Retirement Fund’s portfolio.Chelsea Counsel Co reduced its stake in AWK by selling 125,825 shares or 48.45% in the most recent quarter. The Hedge Fund company now holds 133,885 shares of AWK which is valued at $9,385,339. American Water Works Company Inc makes up approx 2.72% of Chelsea Counsel Co’s portfolio.
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. 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).