Town & Country Bank & Trust CO dba First Bankers Trust CO Has $1.54 Million Holdings in American Water Works Company Inc (AWK)

Town & Country Bank & Trust CO dba First Bankers Trust CO lowered its stake in American Water Works Company Inc (NYSE:AWK) by 50.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,793 shares of the utilities provider’s stock after selling 14,993 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in American Water Works were worth $1,542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Larson Financial Group LLC acquired a new stake in shares of American Water Works during the 4th quarter worth about $28,000. Ruggie Capital Group acquired a new stake in shares of American Water Works during the 4th quarter worth about $31,000. Capital Financial Planning LLC purchased a new position in American Water Works during the 4th quarter worth approximately $31,000. Financial Gravity Companies Inc. purchased a new position in American Water Works during the 4th quarter worth approximately $32,000. Finally, JNBA Financial Advisors purchased a new position in American Water Works during the 4th quarter worth approximately $32,000. 85.36% of the stock is currently owned by institutional investors.

Shares of AWK stock traded up $0.02 during midday trading on Thursday, hitting $104.05. The company had a trading volume of 27,210 shares, compared to its average volume of 1,256,821. American Water Works Company Inc has a 52-week low of $77.73 and a 52-week high of $107.71. The company has a market capitalization of $18.88 billion, a P/E ratio of 31.54, a price-to-earnings-growth ratio of 3.63 and a beta of 0.25. The company has a current ratio of 0.37, a quick ratio of 0.35 and a debt-to-equity ratio of 1.29.

American Water Works (NYSE:AWK) last announced its earnings results on Tuesday, February 19th. The utilities provider reported $0.69 earnings per share for the quarter, meeting the consensus estimate of $0.69. American Water Works had a return on equity of 10.36% and a net margin of 16.48%. The company had revenue of $850.00 million for the quarter, compared to the consensus estimate of $823.93 million. During the same period last year, the business posted $0.69 EPS. The company’s revenue was up 3.5% on a year-over-year basis. As a group, equities analysts predict that American Water Works Company Inc will post 3.58 earnings per share for the current fiscal year.

A number of research analysts recently issued reports on AWK shares. Wells Fargo & Co restated a “buy awk” rating on shares of American Water Works in a research note on Monday, December 24th. Janney Montgomery Scott raised their price target on American Water Works from $96.00 to $102.00 and gave the stock a “buy” rating in a research note on Wednesday, December 12th. Robert W. Baird raised their price target on American Water Works from $103.00 to $104.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 12th. Bank of America raised their price target on American Water Works from $92.00 to $103.00 and gave the stock a “neutral” rating in a research note on Thursday, February 21st. Finally, Zacks Investment Research restated a “buy” rating and set a $104.00 price target on shares of American Water Works in a research note on Monday, December 31st. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $103.57.

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About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States and Canada. It offers water and wastewater services to approximately 1,600 communities in 16 states serving approximately 3.4 million active customers. The company serves residential customers; commercial customers, such as food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities; and other utilities and community water and wastewater systems.

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Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

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