American Water Works Company Inc (AWK) Stock Is An All-Time High Flier

October 13, 2017 - By Nellie Frank

Investors sentiment increased to 1 in Q2 2017. Its up 0.13, from 0.87 in 2017Q1. It improved, as 42 investors sold American Water Works Company Inc shares while 200 reduced holdings. 58 funds opened positions while 183 raised stakes. 140.00 million shares or 0.25% less from 140.35 million shares in 2017Q1 were reported.
46,841 are owned by Howland Mgmt Ltd. Amalgamated Savings Bank holds 0.05% of its portfolio in American Water Works Company Inc (NYSE:AWK) for 20,106 shares. Arete Wealth Limited Liability has invested 0.14% in American Water Works Company Inc (NYSE:AWK). Benjamin F Edwards And Inc invested in 6,672 shares or 0.07% of the stock. Private Advisor Group Inc Ltd Limited Liability Company stated it has 0.03% of its portfolio in American Water Works Company Inc (NYSE:AWK). Ig Management reported 0.04% of its portfolio in American Water Works Company Inc (NYSE:AWK). Williams Jones & Assocs Limited Liability Company holds 0.04% or 20,689 shares in its portfolio. Rockefeller Fincl Services holds 636,984 shares. Ballentine Prns Ltd stated it has 7,543 shares. Meeder Asset Incorporated invested in 4,744 shares. Moreover, North Star Inv Management has 0.01% invested in American Water Works Company Inc (NYSE:AWK) for 600 shares. Gideon Cap Advisors reported 6,421 shares. Putnam Investments Limited Liability Corporation has invested 0.04% in American Water Works Company Inc (NYSE:AWK). Plante Moran Fincl Advsrs Ltd Liability Corporation owns 601 shares for 0.03% of their portfolio. Clifford Swan Investment Counsel Limited Liability holds 0.04% or 9,230 shares in its portfolio.

Since May 9, 2017, it had 0 insider purchases, and 3 sales for $264,403 activity. Shares for $76 were sold by GOSS MARTHA CLARK. Warnock Loyd A sold 1,263 shares worth $94,988.

The stock of American Water Works Company Inc (NYSE:AWK) reached all time high today, Oct, 13 and still has $89.27 target or 5.00 % above today’s $85.02 share price. This indicates more upside for the $15.16B company. This technical setup was reported by Barchart.com. If the $89.27 PT is reached, the company will be worth $758.00 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock decreased 0.08% or $0.07 during the last trading session, reaching $85.02. About 909,525 shares traded or 4.82% up from the average. American Water Works Company Inc (NYSE:AWK) has risen 3.35% since October 13, 2016 and is uptrending. It has underperformed by 13.35% the S&P500.

Wall Street await American Water Works Company Inc (NYSE:AWK) to release earnings on November, 1. Analysts forecast EPS of $1.09, up exactly $0.04 or 3.81 % from 2014’s $1.05 EPS. The expected AWK’s profit could reach $194.36 million giving the stock 19.50 P/E in the case that $1.09 earnings per share is reported. After posting $0.73 EPS for the previous quarter, American Water Works Company Inc’s analysts now forecast 49.32 % EPS growth.

American Water Works Company Inc (NYSE:AWK) Ratings Coverage

Among 10 analysts covering American Water Works (NYSE:AWK), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. American Water Works had 21 analyst reports since October 15, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, September 6 report. The firm earned “Neutral” rating on Wednesday, July 6 by Bank of America. Robert W. Baird downgraded the shares of AWK in report on Wednesday, March 2 to “Neutral” rating. The stock of American Water Works Company Inc (NYSE:AWK) earned “Hold” rating by Robert W. Baird on Friday, September 29. On Friday, May 6 the stock rating was maintained by Barclays Capital with “Overweight”. On Tuesday, December 20 the stock rating was upgraded by Janney Capital to “Buy”. The firm has “Buy” rating given on Wednesday, November 9 by Bank of America. The company was initiated on Friday, October 14 by Robert W. Baird. The stock of American Water Works Company Inc (NYSE:AWK) has “Neutral” rating given on Monday, June 6 by Boenning & Scattergood. The firm has “Neutral” rating by Northcoast given on Thursday, May 25.

More important recent American Water Works Company Inc (NYSE:AWK) news were published by: Nasdaq.com which released: “American Water Unit Gets Another 50-Year Military Contract” on October 04, 2017, also Businesswire.com published article titled: “American Water Announces Publication of Latest Corporate Responsibility Report”, Businesswire.com published: “American Water Awarded New Contract for Wright-Patterson Air Force Base in Ohio” on September 28, 2017. More interesting news about American Water Works Company Inc (NYSE:AWK) was released by: Twst.com and their article: “American Water Works Co. Inc.: California American Water Enters Contract to …” with publication date: October 05, 2017.

American Water Works Company, Inc. is a holding firm for regulated and market subsidiaries throughout the United States and Ontario, Canada. The company has market cap of $15.16 billion. 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. It has a 32.12 P/E ratio. The Market-Based Businesses consists of four divisions, including Military Services Group, which conducts operation and maintenance of water and wastewater systems for military bases; Contract Operations Group, which conducts O&M of water and wastewater facilities for municipalities and the food and beverage industry; Homeowner Services Group, which primarily provides water and sewer line protection plans for homeowners, and Keystone, which provides water services for natural gas exploration and production companies.

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