Encompass Wealth Advisors LLC Invests $67,000 in American Water Works Company, Inc. (NYSE:AWK)

Encompass Wealth Advisors LLC bought a new position in American Water Works Company, Inc. (NYSE:AWK) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 434 shares of the utilities provider’s stock, valued at approximately $67,000.

Several other institutional investors have also recently added to or reduced their stakes in AWK. Norges Bank bought a new stake in shares of American Water Works in the 4th quarter worth about $266,219,000. Vontobel Holding Ltd. bought a new stake in American Water Works during the 4th quarter valued at about $53,104,000. Credit Suisse AG lifted its holdings in American Water Works by 34.6% during the 4th quarter. Credit Suisse AG now owns 978,482 shares of the utilities provider’s stock valued at $150,169,000 after buying an additional 251,600 shares in the last quarter. Lord Abbett & CO. LLC bought a new stake in American Water Works during the 4th quarter valued at about $33,566,000. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in American Water Works by 55.6% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 568,375 shares of the utilities provider’s stock valued at $87,228,000 after buying an additional 203,117 shares in the last quarter. Hedge funds and other institutional investors own 82.29% of the company’s stock.

NYSE AWK opened at $152.93 on Thursday. The company has a quick ratio of 0.85, a current ratio of 0.87 and a debt-to-equity ratio of 1.47. The firm has a market cap of $27.75 billion, a PE ratio of 41.90, a price-to-earnings-growth ratio of 4.66 and a beta of 0.18. The company has a 50 day moving average price of $144.78 and a 200 day moving average price of $152.20. American Water Works Company, Inc. has a 52 week low of $112.50 and a 52 week high of $172.56.

American Water Works (NYSE:AWK) last posted its quarterly earnings data on Tuesday, February 23rd. The utilities provider reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The firm had revenue of $923.00 million during the quarter, compared to analyst estimates of $925.50 million. American Water Works had a net margin of 17.63% and a return on equity of 11.03%. On average, equities research analysts anticipate that American Water Works Company, Inc. will post 3.9 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on AWK shares. Bank of America upgraded shares of American Water Works from an “underperform” rating to a “neutral” rating in a report on Monday, December 14th. Janney Montgomery Scott upgraded shares of American Water Works from a “neutral” rating to a “buy” rating and set a $159.00 price objective for the company in a report on Thursday, March 4th. Atlantic Securities began coverage on shares of American Water Works in a research report on Thursday, January 7th. They set an “overweight” rating and a $173.00 target price on the stock. Barclays raised their target price on shares of American Water Works from $173.00 to $184.00 and gave the company an “equal weight” rating in a research report on Friday, January 22nd. Finally, US Capital Advisors reissued an “overweight” rating on shares of American Water Works in a research report on Thursday, January 21st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company. American Water Works presently has an average rating of “Buy” and a consensus target price of $152.70.

About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 16 states serving approximately 3.5 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, such as schools and universities; and other utilities and community water and wastewater systems.

Featured Article: Why are percentage gainers important?

Want to see what other hedge funds are holding AWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Water Works Company, Inc. (NYSE:AWK).

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

Receive News & Ratings for American Water Works Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Water Works and related companies with MarketBeat.com's FREE daily email newsletter.