American Wtr Wks Co INC New (AWK) Share Price Rose While Pictet Asset Management LTD Has Lowered by $5.93 Million Its Holding

January 13, 2018 - By Linda Rogers

Investors sentiment increased to 1.05 in Q3 2017. Its up 0.05, from 1 in 2017Q2. It improved, as 35 investors sold AWK shares while 185 reduced holdings. 46 funds opened positions while 186 raised stakes. 139.87 million shares or 0.09% less from 140.00 million shares in 2017Q2 were reported. Thompson Siegel And Walmsley Limited Com holds 0% or 1,751 shares in its portfolio. Smithfield Tru Company has 495 shares. Ibm Retirement Fund owns 2,664 shares. Manchester Capital Ltd Liability Company has 0.12% invested in American Water Works Company, Inc. (NYSE:AWK). Suntrust Banks reported 13,731 shares. 1St Source Comml Bank owns 0.29% invested in American Water Works Company, Inc. (NYSE:AWK) for 42,362 shares. Bessemer Gp stated it has 0.63% in American Water Works Company, Inc. (NYSE:AWK). St Johns Inv Mngmt Communications Limited Liability Company holds 0.02% in American Water Works Company, Inc. (NYSE:AWK) or 400 shares. Moreover, State Treasurer State Of Michigan has 0.04% invested in American Water Works Company, Inc. (NYSE:AWK). Utah Retirement reported 32,695 shares. Coastline Co, a Rhode Island-based fund reported 12,230 shares. Schwab Charles Investment Management Inc has 582,001 shares for 0.04% of their portfolio. Psagot Invest House Limited reported 21,900 shares. Aureus Asset Mgmt Lc has invested 2.4% in American Water Works Company, Inc. (NYSE:AWK). Aviance Capital Mngmt Limited Liability Company holds 0.01% or 1,727 shares.

Since August 21, 2017, it had 0 buys, and 2 sales for $1.52 million activity.

Pictet Asset Management Ltd decreased its stake in American Wtr Wks Co Inc New (AWK) by 1.85% based on its latest 2017Q3 regulatory filing with the SEC. Pictet Asset Management Ltd sold 74,112 shares as the company’s stock rose 2.78% with the market. The institutional investor held 3.93 million shares of the water supply company at the end of 2017Q3, valued at $318.04 million, down from 4.00M at the end of the previous reported quarter. Pictet Asset Management Ltd who had been investing in American Wtr Wks Co Inc New for a number of months, seems to be less bullish one the $14.42B market cap company. The stock decreased 4.61% or $3.91 during the last trading session, reaching $80.83. About 4.00 million shares traded or 316.01% up from the average. American Water Works Company, Inc. (NYSE:AWK) has risen 3.35% since January 13, 2017 and is uptrending. It has underperformed by 13.35% the S&P500.

Pictet Asset Management Ltd, which manages about $35.33 billion US Long portfolio, upped its stake in Select Sector Spdr Tr (XLF) by 1.01M shares to 3.11 million shares, valued at $80.52 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr Cur Hd Eu (HEZU) by 219,035 shares in the quarter, for a total of 373,555 shares, and has risen its stake in Weibo Corp (NASDAQ:WB).

Analysts await American Water Works Company, Inc. (NYSE:AWK) to report earnings on February, 20. They expect $0.66 earnings per share, up 15.79 % or $0.09 from last year’s $0.57 per share. AWK’s profit will be $117.73 million for 30.62 P/E if the $0.66 EPS becomes a reality. After $1.08 actual earnings per share reported by American Water Works Company, Inc. for the previous quarter, Wall Street now forecasts -38.89 % negative EPS growth.

More important recent American Water Works Company, Inc. (NYSE:AWK) news were published by: Nasdaq.com which released: “Mid-Afternoon Market Update: Tuniu Gains After Announcing $100M Share …” on January 12, 2018, also Twst.com published article titled: “American Water Works Co. Inc.: Pennsylvania American Water Closes Acquisition …”, Nasdaq.com published: “American Water Unit Acquires McKeesport Wastewater for $159M” on December 19, 2017. More interesting news about American Water Works Company, Inc. (NYSE:AWK) was released by: Businesswire.com and their article: “American Water Statement on Impact of Tax Cuts and Jobs Act on Prior Guidance” with publication date: January 02, 2018.

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

Among 12 analysts covering American Water Works (NYSE:AWK), 2 have Buy rating, 0 Sell and 10 Hold. Therefore 17% are positive. American Water Works had 27 analyst reports since October 15, 2015 according to SRatingsIntel. The stock of American Water Works Company, Inc. (NYSE:AWK) has “Hold” rating given on Thursday, October 19 by Wells Fargo. On Thursday, October 15 the stock rating was downgraded by Ladenburg Thalmann to “Neutral”. The company was downgraded on Friday, February 26 by Janney Capital. The firm earned “Hold” rating on Thursday, August 3 by Boenning & Scattergood. Barclays Capital maintained it with “Overweight” rating and $81 target in Tuesday, September 6 report. The stock of American Water Works Company, Inc. (NYSE:AWK) has “Neutral” rating given on Wednesday, March 2 by Robert W. Baird. Guggenheim downgraded the stock to “Neutral” rating in Tuesday, January 2 report. The rating was maintained by Barclays Capital on Friday, May 6 with “Overweight”. Boenning & Scattergood downgraded the shares of AWK in report on Monday, June 6 to “Neutral” rating. The stock of American Water Works Company, Inc. (NYSE:AWK) earned “Hold” rating by Robert W. Baird on Friday, September 29.

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