In today’s session American Water Works Company Inc (AWK) registered an unusually high (188) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious AWK increase. With 188 contracts traded and 12054 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: AWK161216C00075000 closed last at: $0.9 or 20% up. About 622,590 shares traded hands. American Water Works Company Inc (NYSE:AWK) has risen 2.66% since April 8, 2016 and is uptrending. It has underperformed by 2.99% the S&P500.
American Water Works Company Inc (NYSE:AWK) Ratings Coverage
Out of 8 analysts covering American Water Works (NYSE:AWK), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. American Water Works has been the topic of 13 analyst reports since October 15, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating given on Wednesday, July 6 by Bank of America. On Wednesday, March 2 the stock rating was downgraded by Robert W. Baird to “Neutral”. Janney Capital downgraded American Water Works Company Inc (NYSE:AWK) on Friday, February 26 to “Neutral” rating. Ladenburg Thalmann downgraded American Water Works Company Inc (NYSE:AWK) on Thursday, October 15 to “Neutral” rating. Argus Research initiated American Water Works Company Inc (NYSE:AWK) rating on Friday, June 24. Argus Research has “Buy” rating and $88 price target. The stock of American Water Works Company Inc (NYSE:AWK) earned “Outperform” rating by Robert W. Baird on Friday, October 14. The rating was upgraded by Bank of America to “Buy” on Wednesday, November 9. The stock has “Overweight” rating given by Barclays Capital on Friday, May 6. As per Tuesday, September 6, the company rating was maintained by Barclays Capital. Boenning & Scattergood downgraded the stock to “Neutral” rating in Monday, June 6 report.
According to Zacks Investment Research, “AMER WATER is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs nearly seven thousand dedicated professionals who provide drinking water, wastewater and other related services to approximately 15.6 million people in 32 states and Ontario, Canada.”
Insitutional Activity: The institutional sentiment decreased to 1 in Q2 2016. Its down 0.40, from 1.4 in 2016Q1. The ratio fall, as 35 funds sold all American Water Works Company Inc shares owned while 196 reduced positions. 46 funds bought stakes while 186 increased positions. They now own 143.32 million shares or 6.07% less from 152.58 million shares in 2016Q1.
Moreover, Country Tru Fincl Bank has 0.95% invested in American Water Works Company Inc (NYSE:AWK) for 208,276 shares. Sg Americas Securities Ltd Co accumulated 24,764 shares or 0.01% of the stock. The Kentucky-based Hl Services Lc has invested 0.03% in American Water Works Company Inc (NYSE:AWK). Neuberger Berman Group Inc Limited holds 0.08% or 723,962 shares in its portfolio. The Oregon-based Oregon Public Employees Retirement Fund has invested 0.09% in American Water Works Company Inc (NYSE:AWK). Parametric Port Associates Ltd Limited Liability Company accumulated 299,168 shares or 0.04% of the stock. Advisory Svcs Ntwk Ltd Llc has 0.18% invested in the company for 9,538 shares. Sumitomo Life Company holds 0.37% of its portfolio in American Water Works Company Inc (NYSE:AWK) for 31,542 shares. Pnc Inc has 2.26M shares for 0.22% of their US portfolio. The Australia-based Commonwealth Bank & Trust Of Aus has invested 0% in American Water Works Company Inc (NYSE:AWK). Teachers Inc last reported 1.03M shares in the company. Whittier Tru Of Nevada last reported 0.67% of its portfolio in the stock. Tradition Cap Management Limited reported 12,770 shares or 0.36% of all its holdings. Baldwin Brothers Ma owns 22,089 shares or 0.38% of their US portfolio. Moreover, Carret Asset Mgmt Ltd Llc has 0.11% invested in American Water Works Company Inc (NYSE:AWK) for 6,990 shares.
Insider Transactions: Since May 16, 2016, the stock had 0 insider buys, and 5 selling transactions for $3.33 million net activity. Another trade for 6,514 shares valued at $497,865 was sold by Lynch Walter. Another trade for 1,866 shares valued at $138,649 was sold by Degillio Deborah A. Strauss Mark F. sold $1.18M worth of stock or 15,467 shares.
American Water Works Company, Inc. is a holding company. The company has a market cap of $12.43 billion. The Firm is a water and wastewater utility company. It has a 26.76 P/E ratio. The Firm operates through two divisions: the Regulated Businesses and the Market-Based Businesses.
AWK Company Profile
American Water Works Company, Inc., incorporated on August 28, 1936, is a holding company. The Firm is a water and wastewater utility company. The Firm provides drinking water, wastewater and other water related services to approximately 15 million people in over 50 states, the District of Columbia and Ontario, Canada. The Firm operates through two divisions: the Regulated Businesses and the Market-Based Businesses. The Company’s American Water Works Service Company subsidiary provides shared services and corporate governance for its operating subsidiaries, such as accounting and finance, administration, business development, communications, corporate administrative, education and training, engineering, financial, health and safety, human resources, information systems, internal audit, investor relations, legal, operations, procurement, rates support, security, risk management, water quality, and research and development.
More recent American Water Works Company Inc (NYSE:AWK) news were published by: Fool.com which released: “Will American Water Works Company, Inc. Sink or Swim?” on April 04, 2016. Also Fool.com published the news titled: “3 Reasons American Water Works Company, Inc.’s Stock Could Soar” on April 01, 2016. Etfdailynews.com‘s news article titled: “American Water Works Company Inc, Aqua America Inc, American States Water Co …” with publication date: May 03, 2016 was also an interesting one.
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