American Water Works Company Inc (AWK) : Btc Capital Management scooped up 3,392 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 Aug 1, 2016. The investment management firm now holds a total of 86,556 shares of American Water Works Company Inc which is valued at $7,025,751.American Water Works Company Inc makes up approximately 1.48% of Btc Capital Management’s portfolio.
Other Hedge Funds, Including , Aberdeen Asset Management Plcuk reduced its stake in AWK by selling 387 shares or 0.88% in the most recent quarter. The Hedge Fund company now holds 43,439 shares of AWK which is valued at $3,525,944. American Water Works Company Inc makes up approx 0.01% of Aberdeen Asset Management Plcuk’s portfolio.Quadrant Capital Group boosted its stake in AWK in the latest quarter, The investment management firm added 5 additional shares and now holds a total of 1,140 shares of American Water Works Company Inc which is valued at $94,141. American Water Works Company Inc makes up approx 0.06% of Quadrant Capital Group’s portfolio.Canandaigua National Bank Trust Co reduced its stake in AWK by selling 745 shares or 10.45% in the most recent quarter. The Hedge Fund company now holds 6,382 shares of AWK which is valued at $519,942. American Water Works Company Inc makes up approx 0.15% of Canandaigua National Bank Trust Co’s portfolio.Murphy Capital Management Inc reduced its stake in AWK by selling 700 shares or 4.21% in the most recent quarter. The Hedge Fund company now holds 15,925 shares of AWK which is valued at $1,299,321. American Water Works Company Inc makes up approx 0.20% of Murphy Capital Management Inc’s portfolio.
American Water Works Company Inc closed down -0.645 points or -0.80% at $80.15 with 13,91,193 shares getting traded on Thursday. Post opening the session at $80.62, the shares hit an intraday low of $79.74 and an intraday high of $80.97 and the price fluctuated in this range throughout the day.Shares ended Thursday 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. American Water Works Company Inc was Downgraded by BofA/Merrill to ” Neutral” on Jul 6, 2016. Company shares were Reiterated by Barclays on May 6, 2016 to “Overweight”, Firm has raised the Price Target to $ 79 from a previous price target of $75 .
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).