American Wtr Wks Co New (AWK) Holder Water Asset Management Decreased Stake; Diamond Hill Capital Management Cut Its Position in Stryker Corp. (SYK) as Stock Rose

November 15, 2017 - By Adrian Mccoy

Water Asset Management Llc decreased its stake in American Wtr Wks Co Inc New (AWK) by 17.13% based on its latest 2017Q2 regulatory filing with the SEC. Water Asset Management Llc sold 104,039 shares as the company’s stock rose 2.78% with the market. The hedge fund held 503,288 shares of the water supply company at the end of 2017Q2, valued at $39.23M, down from 607,327 at the end of the previous reported quarter. Water Asset Management Llc who had been investing in American Wtr Wks Co Inc New for a number of months, seems to be less bullish one the $16.18 billion market cap company. The stock increased 1.32% or $1.18 during the last trading session, reaching $90.71. About shares traded. American Water Works Company Inc (NYSE:AWK) has risen 3.35% since November 15, 2016 and is uptrending. It has underperformed by 13.35% the S&P500.

Ric Dillon decreased its stake in Stryker Corp. (SYK) by 10.7% based on its latest 2017Q2 regulatory filing with the SEC. Diamond Hill Capital Management Inc sold 96,161 shares as the company’s stock rose 8.29% with the market. The hedge fund run by Ric Dillon held 802,494 shares of the medical and dental instruments company at the end of 2017Q2, valued at $111.37 million, down from 898,655 at the end of the previous reported quarter. Diamond Hill Capital Management Inc who had been investing in Stryker Corp. for a number of months, seems to be less bullish one the $58.36 billion market cap company. The stock increased 0.13% or $0.2 during the last trading session, reaching $155.95. About shares traded. Stryker Corporation (NYSE:SYK) has risen 24.95% since November 15, 2016 and is uptrending. It has outperformed by 8.25% the S&P500.

Among 24 analysts covering Stryker Corporation (NYSE:SYK), 14 have Buy rating, 2 Sell and 8 Hold. Therefore 58% are positive. Stryker Corporation had 75 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was initiated by Suntrust Robinson on Friday, October 14 with “Buy”. The stock of Stryker Corporation (NYSE:SYK) has “Hold” rating given on Monday, October 2 by Needham. The firm earned “Buy” rating on Friday, October 27 by RBC Capital Markets. Jefferies maintained it with “Hold” rating and $150.0 target in Friday, October 6 report. Canaccord Genuity maintained the shares of SYK in report on Monday, June 19 with “Buy” rating. Cowen & Co maintained the shares of SYK in report on Friday, July 28 with “Buy” rating. On Thursday, October 26 the stock rating was maintained by Piper Jaffray with “Buy”. RBC Capital Markets maintained Stryker Corporation (NYSE:SYK) on Friday, July 24 with “Outperform” rating. The stock of Stryker Corporation (NYSE:SYK) has “Hold” rating given on Friday, July 28 by Jefferies. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, July 28.

Analysts await Stryker Corporation (NYSE:SYK) to report earnings on January, 23. They expect $1.95 EPS, up 9.55% or $0.17 from last year’s $1.78 per share. SYK’s profit will be $729.73M for 19.99 P/E if the $1.95 EPS becomes a reality. After $1.52 actual EPS reported by Stryker Corporation for the previous quarter, Wall Street now forecasts 28.29% EPS growth.

More notable recent Stryker Corporation (NYSE:SYK) news were published by: Investorplace.com which released: “Outstanding Analytics for Earnings Growth Keep Stryker Corporation (SYK) a …” on November 14, 2017, also Investorplace.com with their article: “Stryker Corporation (SYK) a Strong Buy on Top-End Earnings Momentum” published on October 31, 2017, Seekingalpha.com published: “Stryker: Growth In 2018” on November 13, 2017. More interesting news about Stryker Corporation (NYSE:SYK) were released by: Investorplace.com and their article: “High-Level Metrics for Earnings Momentum Keep Stryker Corporation (SYK) a …” published on November 07, 2017 as well as Businesswire.com‘s news article titled: “VEXIM to be Acquired by Stryker Corporation” with publication date: October 24, 2017.

Investors sentiment decreased to 0.85 in Q2 2017. Its down 0.04, from 0.89 in 2017Q1. It turned negative, as 38 investors sold SYK shares while 352 reduced holdings. 81 funds opened positions while 252 raised stakes. 274.21 million shares or 0.36% more from 273.22 million shares in 2017Q1 were reported. Plante Moran Advisors Lc reported 2.43% stake. Fukoku Mutual Life Com holds 900 shares. Etrade Cap Mngmt Limited Liability holds 0.02% or 4,016 shares. Blair William And Company Il holds 0.32% or 305,127 shares in its portfolio. Dearborn Partners Limited Liability holds 103,614 shares. Foster Dykema Cabot & Inc Ma holds 3,000 shares or 0.07% of its portfolio. Hudock Capital Gp stated it has 0.02% of its portfolio in Stryker Corporation (NYSE:SYK). Mechanics State Bank Tru Department holds 1,460 shares or 0.05% of its portfolio. Cullen Frost Bankers Inc has 0.1% invested in Stryker Corporation (NYSE:SYK) for 21,422 shares. Finemark Bank & Tru has 0.04% invested in Stryker Corporation (NYSE:SYK) for 3,878 shares. Whittier Trust Company reported 1,755 shares stake. Geneva Advsrs Limited invested in 0.04% or 14,895 shares. Marshall Sullivan Inc Wa reported 30,766 shares. 2,560 were reported by Next Financial Group Inc. Eagle Ridge Investment Mgmt, a Connecticut-based fund reported 46,989 shares.

Since June 2, 2017, it had 0 insider buys, and 2 insider sales for $2.14 million activity.

Diamond Hill Capital Management Inc, which manages about $12.19 billion and $18.54 billion US Long portfolio, upped its stake in United Technologies Corp. (NYSE:UTX) by 19,439 shares to 3.52 million shares, valued at $429.54M in 2017Q2, according to the filing. It also increased its holding in Thermo Fisher Scientific Inc. (NYSE:TMO) by 66,097 shares in the quarter, for a total of 714,693 shares, and has risen its stake in Ford Motor Co. (NYSE:F).

Investors sentiment increased to 1 in Q2 2017. Its up 0.13, from 0.87 in 2017Q1. It increased, as 42 investors sold AWK 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. Bartlett Com Limited Liability Company has 0% invested in American Water Works Company Inc (NYSE:AWK). Sumitomo Mitsui Hldg invested 0.06% of its portfolio in American Water Works Company Inc (NYSE:AWK). 20,106 were accumulated by Amalgamated Bancorporation. Luminus Mgmt reported 205,815 shares stake. Legal & General Public Ltd Co accumulated 1.51 million shares. Sigma Planning Corporation holds 0.11% or 14,818 shares. Vigilant Mgmt Lc owns 112 shares. Citadel Advisors Lc invested 0.06% of its portfolio in American Water Works Company Inc (NYSE:AWK). State Of Alaska Department Of Revenue invested in 10,862 shares or 0.06% of the stock. Massachusetts Financial Ser Ma reported 0.01% stake. Jnba Financial Advsr stated it has 0.01% in American Water Works Company Inc (NYSE:AWK). Endurance Wealth Mngmt Inc holds 0.03% or 2,100 shares in its portfolio. Trillium Asset Management holds 1.67% or 357,958 shares. Dnb Asset As owns 25,528 shares. 400 were accumulated by St Johns Invest Management Co Ltd.

Among 11 analysts covering American Water Works (NYSE:AWK), 3 have Buy rating, 0 Sell and 8 Hold. Therefore 27% are positive. American Water Works had 24 analyst reports since October 15, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Friday, May 6 report. The rating was initiated by Argus Research on Friday, June 24 with “Buy”. The firm has “Neutral” rating by Boenning & Scattergood given on Monday, June 6. The firm has “Hold” rating given on Friday, September 29 by Robert W. Baird. Robert W. Baird downgraded American Water Works Company Inc (NYSE:AWK) on Wednesday, March 2 to “Neutral” rating. The firm earned “Hold” rating on Wednesday, March 15 by HSBC. As per Wednesday, January 18, the company rating was initiated by Macquarie Research. The stock of American Water Works Company Inc (NYSE:AWK) earned “Neutral” rating by Ladenburg Thalmann on Thursday, October 15. Robert W. Baird downgraded American Water Works Company Inc (NYSE:AWK) on Wednesday, April 26 to “Neutral” rating. The stock of American Water Works Company Inc (NYSE:AWK) earned “Neutral” rating by Bank of America on Wednesday, July 6.

Analysts await American Water Works Company Inc (NYSE:AWK) to report earnings on February, 20. They expect $0.65 earnings per share, up 14.04% or $0.08 from last year’s $0.57 per share. AWK’s profit will be $115.94 million for 34.89 P/E if the $0.65 EPS becomes a reality. After $1.08 actual earnings per share reported by American Water Works Company Inc for the previous quarter, Wall Street now forecasts -39.81% negative EPS growth.

Water Asset Management Llc, which manages about $352.48 million and $233.43M US Long portfolio, upped its stake in Artesian Resources Corp (NASDAQ:ARTNA) by 69,783 shares to 156,654 shares, valued at $5.90M in 2017Q2, according to the filing. It also increased its holding in Connecticut Wtr Svc Inc (NASDAQ:CTWS) by 60,717 shares in the quarter, for a total of 269,349 shares, and has risen its stake in Global Wtr Res Inc.

More important recent American Water Works Company Inc (NYSE:AWK) news were published by: Seekingalpha.com which released: “American Water Works’ (AWK) CEO Susan Story on Q3 2017 Results – Earnings Call …” on November 02, 2017, also Nasdaq.com published article titled: “American Water Works Company, Inc. Reports 4% Advance In Q3 Bottom Line”, Prnewswire.com published: “How These Utilities Stocks are Performing? — AES Corp., American Water Works …” on October 18, 2017. More interesting news about American Water Works Company Inc (NYSE:AWK) was released by: Twst.com and their article: “American Water Works Co. Inc.: American Water’s 2017 Third-Quarter Conference …” with publication date: October 19, 2017.

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