Pennsylvania Trust Co boosted its stake in shares of American Water Works Company Inc (NYSE:AWK) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 36,552 shares of the utilities provider’s stock after purchasing an additional 730 shares during the period. Pennsylvania Trust Co’s holdings in American Water Works were worth $3,215,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Centaurus Financial Inc. bought a new stake in American Water Works in the second quarter valued at approximately $126,000. McKinley Carter Wealth Services Inc. bought a new stake in American Water Works in the first quarter valued at approximately $148,000. Edge Wealth Management LLC bought a new stake in American Water Works in the second quarter valued at approximately $149,000. Point72 Asia Hong Kong Ltd bought a new stake in American Water Works in the first quarter valued at approximately $152,000. Finally, Rampart Investment Management Company LLC bought a new stake in American Water Works in the second quarter valued at approximately $155,000. 83.37% of the stock is owned by hedge funds and other institutional investors.

Several analysts have issued reports on the company. ValuEngine upgraded American Water Works from a “hold” rating to a “buy” rating in a research note on Monday, July 2nd. Boenning Scattergood reiterated a “neutral” rating on shares of American Water Works in a research note on Thursday, June 28th. Zacks Investment Research upgraded American Water Works from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a research note on Wednesday, June 13th. Finally, Evercore ISI began coverage on American Water Works in a research note on Monday, September 17th. They set an “outperform” rating and a $96.00 target price on the stock. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. American Water Works currently has a consensus rating of “Buy” and a consensus target price of $90.42.

In related news, COO Walter Lynch sold 10,000 shares of the stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $89.57, for a total transaction of $895,700.00. Following the sale, the chief operating officer now owns 112,031 shares of the company’s stock, valued at $10,034,616.67. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Loyd A. Warnock sold 10,520 shares of the stock in a transaction that occurred on Friday, August 31st. The stock was sold at an average price of $87.86, for a total value of $924,287.20. Following the sale, the senior vice president now directly owns 12,322 shares in the company, valued at approximately $1,082,610.92. The disclosure for this sale can be found here. In the last quarter, insiders have sold 21,634 shares of company stock worth $1,918,888. 0.35% of the stock is owned by corporate insiders.

Shares of NYSE AWK opened at $90.49 on Thursday. The company has a market cap of $15.88 billion, a PE ratio of 29.86, a PEG ratio of 3.45 and a beta of 0.11. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.27 and a current ratio of 0.28. American Water Works Company Inc has a 1-year low of $76.04 and a 1-year high of $92.37.

American Water Works (NYSE:AWK) last announced its earnings results on Wednesday, August 1st. The utilities provider reported $0.83 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.02. The company had revenue of $853.00 million for the quarter, compared to analyst estimates of $866.02 million. American Water Works had a return on equity of 10.32% and a net margin of 13.94%. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.73 earnings per share. Equities research analysts predict that American Water Works Company Inc will post 3.27 earnings per share for the current year.

About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States and Canada. It offers water and wastewater services to approximately 1,600 communities in 16 states. The company operates approximately 72 surface water treatment plants; 527 groundwater treatment plants; 8 combined treatment plants; 127 wastewater treatment plants; 50,382 miles of transmission, distribution, and collection mains and pipes; 1,103 groundwater wells; 1,428 water and wastewater pumping stations; 1,313 treated water storage facilities; and 80 dams.

Read More: Understanding Average Daily Trade Volume

Want to see what other hedge funds are holding AWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Water Works Company Inc (NYSE:AWK).

Institutional Ownership by Quarter for American Water Works (NYSE:AWK)

Receive News & Ratings for American Water Works Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Water Works and related companies with MarketBeat.com's FREE daily email newsletter.