American Water Works Company Inc (AWK) : Simplex Trading scooped up 3,381 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 Oct 7, 2016. The investment management firm now holds a total of 11,508 shares of American Water Works Company Inc which is valued at $812,925.American Water Works Company Inc makes up approximately 0.11% of Simplex Trading’s portfolio.
Other Hedge Funds, Including , Exxonmobil Investment Management Inc Tx reduced its stake in AWK by selling 577 shares or 1.25% in the most recent quarter. The Hedge Fund company now holds 45,425 shares of AWK which is valued at $3,208,822. American Water Works Company Inc makes up approx 0.07% of Exxonmobil Investment Management Inc Tx’s portfolio.Chevy Chase Trust Holdings reduced its stake in AWK by selling 2,951 shares or 1.94% in the most recent quarter. The Hedge Fund company now holds 149,259 shares of AWK which is valued at $10,622,763. American Water Works Company Inc makes up approx 0.06% of Chevy Chase Trust Holdings’s portfolio. Eqis Capital Management added AWK to its portfolio by purchasing 4,573 company shares during the most recent quarter which is valued at $325,460. American Water Works Company Inc makes up approx 0.02% of Eqis Capital Management’s portfolio.Lvm Capital Management Ltdmi boosted its stake in AWK in the latest quarter, The investment management firm added 2,000 additional shares and now holds a total of 5,050 shares of American Water Works Company Inc which is valued at $359,409. American Water Works Company Inc makes up approx 0.11% of Lvm Capital Management Ltdmi’s portfolio.
American Water Works Company Inc closed down -0.56 points or -0.79% at $70.64 with 10,31,103 shares getting traded on Friday. Post opening the session at $71.78, the shares hit an intraday low of $70.61 and an intraday high of $72.209 and the price fluctuated in this range throughout the day.Shares ended Friday 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. Shares were Reiterated by Barclays on Sep 6, 2016 to “Overweight” and Lowered the Price Target to $ 81 from a previous price target of $87 .
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).