Archford Capital Strategies buys $1,518,468 stake in American Water Works Company Inc (AWK)

American Water Works Company Inc (AWK) : Archford Capital Strategies scooped up 128 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 Nov 14, 2016. The investment management firm now holds a total of 21,505 shares of American Water Works Company Inc which is valued at $1,518,468.American Water Works Company Inc makes up approximately 0.63% of Archford Capital Strategies’s portfolio.

Other Hedge Funds, Including , Parametric Portfolio Associates reduced its stake in AWK by selling 60,389 shares or 20.19% in the most recent quarter. The Hedge Fund company now holds 238,779 shares of AWK which is valued at $16,860,185. American Water Works Company Inc makes up approx 0.03% of Parametric Portfolio Associates’s portfolio.Alliancebernstein reduced its stake in AWK by selling 133,868 shares or 10.93% in the most recent quarter. The Hedge Fund company now holds 1,091,383 shares of AWK which is valued at $77,520,934. American Water Works Company Inc makes up approx 0.07% of Alliancebernstein’s portfolio.Commonwealth Of Pennsylvania Public School Empls Retrmt Sys reduced its stake in AWK by selling 4,068 shares or 28.59% in the most recent quarter. The Hedge Fund company now holds 10,161 shares of AWK which is valued at $734,132. American Water Works Company Inc makes up approx 0.02% of Commonwealth Of Pennsylvania Public School Empls Retrmt Sys’s portfolio.Wedbush Securities Inc reduced its stake in AWK by selling 2,229 shares or 10.83% in the most recent quarter. The Hedge Fund company now holds 18,356 shares of AWK which is valued at $1,295,750. American Water Works Company Inc makes up approx 0.21% of Wedbush Securities Inc’s portfolio.Chelsea Counsel Co boosted its stake in AWK in the latest quarter, The investment management firm added 3,125 additional shares and now holds a total of 83,670 shares of American Water Works Company Inc which is valued at $6,065,238. American Water Works Company Inc makes up approx 3.26% of Chelsea Counsel Co’s portfolio.

American Water Works Company Inc opened for trading at $71.75 and hit $72.26 on the upside on Monday, eventually ending the session at $71.83, with a gain of 0.06% or 0.04 points. The heightened volatility saw the trading volume jump to 9,95,525 shares. Company has a market cap of $12,786 M.

On the company’s financial health, American Water Works Company Inc reported $1.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Nov 2, 2016. Analyst had a consensus of $1.02. The company had revenue of $930.00 million for the quarter, compared to analysts expectations of $945.04 million. The company’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.96 EPS.

Many Wall Street Analysts have commented on American Water Works Company Inc. American Water Works Company Inc was Upgraded by BofA/Merrill to ” Buy” on Nov 9, 2016. Robert W. Baird Initiated American Water Works Company Inc on Oct 14, 2016 to “Outperform”, Price Target of the shares are set at $82.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).

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