Flinton Capital Management LLC cut its position in shares of American Water Works (NYSE:AWK) by 1.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,194 shares of the utilities provider’s stock after selling 306 shares during the quarter. Flinton Capital Management LLC’s holdings in American Water Works were worth $1,964,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Swiss National Bank boosted its holdings in American Water Works by 3.1% during the second quarter. Swiss National Bank now owns 701,922 shares of the utilities provider’s stock worth $54,715,000 after purchasing an additional 21,000 shares during the last quarter. Scout Investments Inc. boosted its stake in American Water Works by 5.7% in the second quarter. Scout Investments Inc. now owns 520,340 shares of the utilities provider’s stock valued at $40,561,000 after acquiring an additional 28,279 shares during the last quarter. Prudential Financial Inc. boosted its stake in American Water Works by 1.3% in the second quarter. Prudential Financial Inc. now owns 257,075 shares of the utilities provider’s stock valued at $20,039,000 after acquiring an additional 3,368 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in American Water Works by 9.4% in the second quarter. Ameriprise Financial Inc. now owns 1,103,953 shares of the utilities provider’s stock valued at $85,920,000 after acquiring an additional 95,303 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in American Water Works by 11.0% in the second quarter. Wells Fargo & Company MN now owns 2,532,449 shares of the utilities provider’s stock valued at $197,405,000 after acquiring an additional 251,271 shares during the last quarter. Institutional investors and hedge funds own 79.77% of the company’s stock.

In related news, COO Walter Lynch sold 3,335 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $82.05, for a total value of $273,636.75. Following the transaction, the chief operating officer now owns 94,702 shares of the company’s stock, valued at $7,770,299.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.34% of the company’s stock.

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American Water Works (NYSE AWK) traded down 0.66% on Friday, reaching $82.36. 43,916 shares of the company’s stock were exchanged. American Water Works has a 52-week low of $69.41 and a 52-week high of $83.14. The company has a market cap of $14.68 billion, a PE ratio of 31.44 and a beta of 0.25. The firm’s 50 day moving average price is $81.77 and its 200 day moving average price is $79.63.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Wednesday, August 2nd. The utilities provider reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.07). The company had revenue of $844.00 million for the quarter, compared to analysts’ expectations of $869.52 million. American Water Works had a net margin of 14.20% and a return on equity of 9.70%. The business’s revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.77 EPS. On average, analysts expect that American Water Works will post $3.00 earnings per share for the current year.

A number of research analysts have weighed in on AWK shares. Vetr cut shares of American Water Works from a “buy” rating to a “hold” rating and set a $84.04 target price on the stock. in a research note on Wednesday, June 14th. BidaskClub upgraded shares of American Water Works from a “hold” rating to a “buy” rating in a research note on Thursday, June 15th. Zacks Investment Research upgraded shares of American Water Works from a “hold” rating to a “buy” rating and set a $87.00 target price on the stock in a research note on Tuesday, July 11th. Boenning Scattergood reiterated a “hold” rating on shares of American Water Works in a research note on Friday, September 22nd. Finally, Robert W. Baird reiterated a “hold” rating and issued a $82.00 target price on shares of American Water Works in a research note on Sunday, October 1st. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $82.86.

American Water Works Profile

American Water Works Company, Inc is a holding company for regulated and market-based subsidiaries throughout the United States and Ontario, Canada. The Company’s Regulated Businesses segment provides water and wastewater services as public utilities in 16 states in the United States as of December 31, 2016.

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

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