First National Corp MA ADV Sells 4,042 Shares of American Water Works Company, Inc. (NYSE:AWK)

First National Corp MA ADV decreased its holdings in shares of American Water Works Company, Inc. (NYSE:AWK) by 8.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,630 shares of the utilities provider’s stock after selling 4,042 shares during the period. American Water Works comprises 1.3% of First National Corp MA ADV’s portfolio, making the stock its 22nd biggest holding. First National Corp MA ADV’s holdings in American Water Works were worth $5,495,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Thrivent Financial for Lutherans raised its position in shares of American Water Works by 1.0% during the third quarter. Thrivent Financial for Lutherans now owns 8,088 shares of the utilities provider’s stock worth $1,053,000 after purchasing an additional 78 shares during the period. Sunbelt Securities Inc. lifted its stake in American Water Works by 1.8% in the 2nd quarter. Sunbelt Securities Inc. now owns 4,548 shares of the utilities provider’s stock valued at $649,000 after purchasing an additional 82 shares during the last quarter. Brookstone Capital Management lifted its position in shares of American Water Works by 4.8% in the fourth quarter. Brookstone Capital Management now owns 1,809 shares of the utilities provider’s stock valued at $239,000 after buying an additional 83 shares during the last quarter. Centaurus Financial Inc. boosted its stake in shares of American Water Works by 4.9% during the 1st quarter. Centaurus Financial Inc. now owns 1,909 shares of the utilities provider’s stock worth $280,000 after acquiring an additional 89 shares during the period. Finally, Strong Tower Advisory Services increased its holdings in shares of American Water Works by 1.9% during the 3rd quarter. Strong Tower Advisory Services now owns 4,931 shares of the utilities provider’s stock worth $611,000 after acquiring an additional 90 shares during the last quarter. 86.58% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other American Water Works news, EVP Melanie M. Kennedy sold 843 shares of the business’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $119.59, for a total value of $100,814.37. Following the transaction, the executive vice president now owns 16,240 shares of the company’s stock, valued at $1,942,141.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.08% of the company’s stock.

American Water Works Stock Performance

Shares of American Water Works stock opened at $121.50 on Thursday. American Water Works Company, Inc. has a 1-year low of $114.25 and a 1-year high of $153.43. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.20. The business has a 50-day moving average price of $121.20 and a two-hundred day moving average price of $125.81. The company has a market cap of $23.66 billion, a P/E ratio of 24.85, a PEG ratio of 2.91 and a beta of 0.63.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Thursday, February 15th. The utilities provider reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.04. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.02 billion. American Water Works had a net margin of 22.30% and a return on equity of 9.70%. American Water Works’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.81 EPS. As a group, analysts anticipate that American Water Works Company, Inc. will post 5.23 EPS for the current year.

Wall Street Analysts Forecast Growth

AWK has been the subject of a number of research reports. StockNews.com raised American Water Works from a “sell” rating to a “hold” rating in a report on Tuesday. Evercore ISI cut American Water Works from an “outperform” rating to an “in-line” rating and dropped their price target for the company from $160.00 to $135.00 in a research note on Friday, February 16th.

American Water Works Profile

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.