Could American Water Works Company Inc (AWK) See a Reversal After Breaking All Highs?

October 13, 2017 - By Adrian Mccoy

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.
Chicago Equity Ltd Com holds 0.34% or 160,135 shares. Baystate Wealth Management Limited Liability Corporation reported 10 shares. Next Fin holds 3,728 shares or 0% of its portfolio. Neuberger Berman Group accumulated 0.08% or 784,591 shares. Federated Invsts Pa owns 16,212 shares or 0% of their US portfolio. Nuance Invests Limited Liability holds 0.22% of its portfolio in American Water Works Company Inc (NYSE:AWK) for 37,594 shares. Captrust Fin Advsrs stated it has 0% of its portfolio in American Water Works Company Inc (NYSE:AWK). Fiduciary reported 0.01% of its portfolio in American Water Works Company Inc (NYSE:AWK). Pnc Financial Services Gru Inc reported 0.16% of its portfolio in American Water Works Company Inc (NYSE:AWK). Ecofin Limited reported 0.28% of its portfolio in American Water Works Company Inc (NYSE:AWK). Aperio Grp Inc Ltd Llc reported 354,526 shares. Architects invested in 0.08% or 5,967 shares. Andra Ap has 65,800 shares. Arete Wealth Advsrs Ltd Co invested 0.14% in American Water Works Company Inc (NYSE:AWK). Exchange Cap invested in 42 shares.

Since May 9, 2017, it had 0 insider purchases, and 3 selling transactions for $264,403 activity. Shares for $76 were sold by GOSS MARTHA CLARK on Tuesday, May 9. 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.

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. Robert W. Baird downgraded it to “Neutral” rating and $82 target in Wednesday, April 26 report. The stock has “Neutral” rating by Bank of America on Wednesday, July 6. The company was maintained on Thursday, August 3 by Boenning & Scattergood. On Wednesday, March 15 the stock rating was downgraded by HSBC to “Hold”. The rating was maintained by Barclays Capital on Friday, May 6 with “Overweight”. The firm has “Neutral” rating by Robert W. Baird given on Wednesday, March 2. The company was maintained on Friday, September 29 by Robert W. Baird. The stock of American Water Works Company Inc (NYSE:AWK) earned “Outperform” rating by Robert W. Baird on Friday, October 14. The stock of American Water Works Company Inc (NYSE:AWK) earned “Hold” rating by Robert W. Baird on Friday, August 25. The stock of American Water Works Company Inc (NYSE:AWK) earned “Neutral” rating by Ladenburg Thalmann on Thursday, October 15.

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 Twst.com published article titled: “American Water Works Co. Inc.: California American Water Enters Contract to …”, Nasdaq.com published: “American Water Unit Gets Another 50-Year Military Contract” on October 04, 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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