American Wtr Wks Co INC New (AWK) Shareholder Pictet Asset Management LTD Has Cut Holding by $20.85 Million as Stock Value Rose

American Water Works Company, Inc. (NYSE:AWK) LogoInvestors sentiment increased to 1.16 in Q2 2019. Its up 0.07, from 1.09 in 2019Q1. It improved, as 34 investors sold AWK shares while 195 reduced holdings. 65 funds opened positions while 201 raised stakes. 146.26 million shares or 1.08% more from 144.69 million shares in 2019Q1 were reported. Princeton Portfolio Strategies Gp Limited Liability Co accumulated 54,053 shares. Clean Yield Gru accumulated 13,795 shares or 0.58% of the stock. Moreover, Winslow Evans And Crocker Inc has 0.08% invested in American Water Works Company, Inc. (NYSE:AWK). Silvercrest Asset Grp Inc Limited Liability Corp stated it has 491,065 shares or 0.53% of all its holdings. Hilton Cap Mngmt Ltd Llc owns 0.02% invested in American Water Works Company, Inc. (NYSE:AWK) for 991 shares. The Delaware-based Riverhead Cap Limited has invested 0.07% in American Water Works Company, Inc. (NYSE:AWK). Focused Wealth Management Inc holds 2,932 shares. Carroll Fincl Associate Incorporated owns 700 shares or 0.01% of their US portfolio. Scotia accumulated 0.02% or 16,897 shares. Covington Mgmt holds 52,088 shares. Sumitomo Life Ins accumulated 12,749 shares. Pictet North America Advisors holds 8,508 shares. Parametric Associates Ltd Liability Com owns 0.04% invested in American Water Works Company, Inc. (NYSE:AWK) for 447,932 shares. Everence Management Incorporated accumulated 7,820 shares or 0.15% of the stock. First Republic Management reported 30,326 shares.

Pictet Asset Management Ltd decreased its stake in American Wtr Wks Co Inc New (AWK) by 3.97% based on its latest 2019Q2 regulatory filing with the SEC. Pictet Asset Management Ltd sold 181,312 shares as the company’s stock rose 7.17% . The institutional investor held 4.39 million shares of the water supply company at the end of 2019Q2, valued at $509.07 million, down from 4.57 million 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 $21.90B market cap company. The stock decreased 0.44% or $0.54 during the last trading session, reaching $121.22. About 955,058 shares traded or 0.63% up from the average. American Water Works Company, Inc. (NYSE:AWK) has risen 31.07% since September 13, 2018 and is uptrending. It has outperformed by 31.07% the S&P500.

Pictet Asset Management Ltd, which manages about $46.36 billion US Long portfolio, upped its stake in Nvidia Corp (NASDAQ:NVDA) by 23,800 shares to 310,072 shares, valued at $50.92 million in 2019Q2, according to the filing. It also increased its holding in Adobe Inc (NASDAQ:ADBE) by 11,230 shares in the quarter, for a total of 255,487 shares, and has risen its stake in Ptc Therapeutics Inc (NASDAQ:PTCT).

Analysts await American Water Works Company, Inc. (NYSE:AWK) to report earnings on October, 30. They expect $1.29 EPS, up 7.50 % or $0.09 from last year’s $1.2 per share. AWK’s profit will be $233.04M for 23.49 P/E if the $1.29 EPS becomes a reality. After $0.94 actual EPS reported by American Water Works Company, Inc. for the previous quarter, Wall Street now forecasts 37.23 % EPS growth.

More notable recent American Water Works Company, Inc. (NYSE:AWK) news were published by: Businesswire.com which released: “American Water Names Mike Doran President of Pennsylvania American Water and Senior Vice President of its Mid-Atlantic Division – Business Wire” on August 28, 2019, also Finance.Yahoo.com with their article: “Does American Water Works Company (NYSE:AWK) Deserve A Spot On Your Watchlist? – Yahoo Finance” published on May 13, 2019, Businesswire.com published: “Indiana American Water Ranks Highest in the Midwest in J.D. Power 2019 Water Utility Residential Customer Satisfaction Study – Business Wire” on September 06, 2019. More interesting news about American Water Works Company, Inc. (NYSE:AWK) were released by: Fool.com and their article: “How to Invest in Utility Stocks – The Motley Fool” published on August 26, 2019 as well as Bizjournals.com‘s news article titled: “Water prices are going to rise, Rutgers-Camden professor says – Philadelphia Business Journal” with publication date: August 19, 2019.

American Water Works Company, Inc. (NYSE:AWK) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.