It Seems American Water Works Company Inc (AWK) Will Go Up. Just Reaches Record High

October 13, 2017 - By Vivian Park

Investors sentiment increased to 1 in 2017 Q2. Its up 0.13, from 0.87 in 2017Q1. It increased, 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.
Rand Wealth Limited Liability holds 0.06% of its portfolio in American Water Works Company Inc (NYSE:AWK) for 5,680 shares. Tower Research Cap Limited (Trc) has invested 0% in American Water Works Company Inc (NYSE:AWK). Fort Washington Inv Advsrs Oh holds 0.15% of its portfolio in American Water Works Company Inc (NYSE:AWK) for 122,066 shares. Nuance Limited Liability Company invested in 37,594 shares. Oakbrook Invs Ltd Co holds 0.03% or 6,393 shares in its portfolio. Rainier Investment Mgmt Ltd Llc stated it has 77,360 shares. Commercial Bank holds 0.12% of its portfolio in American Water Works Company Inc (NYSE:AWK) for 4,658 shares. M&R Mgmt Inc holds 0.37% or 18,591 shares. Btr Cap Mgmt Inc invested in 2.48% or 155,085 shares. Pub Sector Pension Invest Board holds 0.01% in American Water Works Company Inc (NYSE:AWK) or 20,100 shares. Nomura owns 34,207 shares. Fifth Third Bankshares has 0% invested in American Water Works Company Inc (NYSE:AWK). Adage Ptnrs Lc holds 0.05% or 253,600 shares in its portfolio. Meiji Yasuda Asset Management Limited accumulated 9,253 shares. Moreover, Capstone Asset Management Commerce has 0.04% invested in American Water Works Company Inc (NYSE:AWK) for 19,721 shares.

Since May 9, 2017, it had 0 insider purchases, and 3 selling transactions for $264,403 activity. Another trade for 1 shares valued at $76 was sold by GOSS MARTHA CLARK. Warnock Loyd A sold $169,339 worth of stock.

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.

Investors wait American Water Works Company Inc (NYSE:AWK) to report on November, 1. its quarterly earnings Wall Street analysts expect $1.09 EPS, up $0.04 or 3.81 % from last year’s $1.05 same quarter earnings. This translates into $194.36M profit for AWK giving the stock a 19.50 P/E. This is assuming the current $1.09 EPS is accurate. American Water Works Company Inc’s Wall Street analysts see 49.32 % EPS growth, taking into account the $0.73 EPS reproted in the previous quarter,

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. As per Monday, June 6, the company rating was downgraded by Boenning & Scattergood. As per Wednesday, March 2, the company rating was downgraded by Robert W. Baird. The firm has “Neutral” rating by Macquarie Research given on Wednesday, January 18. On Friday, May 6 the stock rating was maintained by Barclays Capital with “Overweight”. As per Friday, August 25, the company rating was maintained by Robert W. Baird. The firm earned “Overweight” rating on Tuesday, September 6 by Barclays Capital. The firm has “Buy” rating by Argus Research given on Friday, June 24. Robert W. Baird initiated American Water Works Company Inc (NYSE:AWK) rating on Friday, October 14. Robert W. Baird has “Outperform” rating and $82 target. As per Friday, September 29, the company rating was maintained by Robert W. Baird. Janney Capital downgraded the shares of AWK in report on Friday, February 26 to “Neutral” rating.

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