What’s Next for American Water Works Company Inc (AWK) After Achieving All-Time High?

October 13, 2017 - By test

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.
Argent Trust accumulated 0.08% or 3,575 shares. California Pub Employees Retirement Sys has 514,800 shares. Fifth Third Fincl Bank owns 1,325 shares or 0% of their US portfolio. 32,473 were accumulated by Bluecrest Cap Mgmt Limited. Zimmer Partners Limited Partnership owns 1.89% invested in American Water Works Company Inc (NYSE:AWK) for 1.02 million shares. Clearbridge Ltd Liability Company reported 57,178 shares or 0% of all its holdings. Cambiar Invsts Lc reported 526,477 shares stake. Clean Yield Gp stated it has 19,559 shares or 0.64% of all its holdings. Cognios Ltd Liability Corp has 0.1% invested in American Water Works Company Inc (NYSE:AWK). Cornerstone Advsr has 1,344 shares for 0.06% of their portfolio. Pub Employees Retirement Sys Of Ohio, Ohio-based fund reported 78,688 shares. State Of Wisconsin Board accumulated 92,431 shares. Franklin holds 0.1% or 2.68M shares in its portfolio. Boston Common Asset Mgmt Limited Liability Corporation invested in 51,715 shares or 0.53% of the stock. Private Wealth Partners Limited Company holds 1.07% or 63,370 shares in its portfolio.

Since May 9, 2017, it had 0 insider buys, and 3 selling transactions for $264,403 activity. 1 shares were sold by GOSS MARTHA CLARK, worth $76 on Tuesday, May 9. $94,988 worth of American Water Works Company Inc (NYSE:AWK) was sold by Warnock Loyd A.

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.

Analysts await American Water Works Company Inc (NYSE:AWK) to report earnings on November, 1. They expect $1.09 earnings per share, up 3.81 % or $0.04 from last year’s $1.05 per share. AWK’s profit will be $194.36 million for 19.50 P/E if the $1.09 EPS becomes a reality. After $0.73 actual earnings per share reported by American Water Works Company Inc for the previous quarter, Wall Street now forecasts 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. The firm earned “Overweight” rating on Friday, May 6 by Barclays Capital. The firm earned “Hold” rating on Friday, September 29 by Robert W. Baird. The stock has “Neutral” rating by Northcoast on Thursday, May 25. The rating was initiated by Robert W. Baird on Friday, October 14 with “Outperform”. The stock of American Water Works Company Inc (NYSE:AWK) has “Neutral” rating given on Wednesday, April 26 by Robert W. Baird. The company was initiated on Friday, June 24 by Argus Research. The rating was downgraded by Bank of America on Wednesday, July 6 to “Neutral”. The company was upgraded on Tuesday, December 20 by Janney Capital. Macquarie Research initiated the shares of AWK in report on Wednesday, January 18 with “Neutral” rating. As per Tuesday, September 6, the company rating was maintained by Barclays Capital.

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 Twst.com published article titled: “American Water Works Co. Inc.: California American Water Enters Contract to …”, 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: Businesswire.com and their article: “American Water Announces Publication of Latest Corporate Responsibility Report” 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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