Princeton Portfolio Strategies Group Has Cut By $349,560 Its American Water Works Co (AWK) Stake; New Media Investment Group (NEWM) Sentiment Is 2.18

July 7, 2017 - By Marie Mckinney

New Media Investment Group Inc. is a holding company. The company has market cap of $704.17 million. The Firm owns, operates and invests in local media assets. It has a 26.44 P/E ratio. The Company’s divisions include Eastern US Publishing, Central US Publishing, Western US Publishing and BridgeTower.

Princeton Portfolio Strategies Group Llc decreased American Water Works Co Inc (AWK) stake by 7.35% reported in 2016Q4 SEC filing. Princeton Portfolio Strategies Group Llc sold 4,855 shares as American Water Works Co Inc (AWK)’s stock rose 2.78%. The Princeton Portfolio Strategies Group Llc holds 61,233 shares with $4.43 million value, down from 66,088 last quarter. American Water Works Co Inc now has $13.77B valuation. The stock rose 0.39% or $0.3 reaching $78.06. About 636,445 shares traded. American Water Works Company Inc (NYSE:AWK) has risen 3.35% since July 7, 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 August, 2. They expect $0.80 EPS, up 3.90% or $0.03 from last year’s $0.77 per share. AWK’s profit will be $141.12M for 24.39 P/E if the $0.80 EPS becomes a reality. After $0.52 actual EPS reported by American Water Works Company Inc for the previous quarter, Wall Street now forecasts 53.85% EPS growth.

Investors sentiment increased to 1.04 in Q4 2016. Its up 0.10, from 0.94 in 2016Q3. It is positive, as 52 investors sold AWK shares while 197 reduced holdings. 71 funds opened positions while 188 raised stakes. 140.42 million shares or 2.14% more from 137.48 million shares in 2016Q3 were reported. Fjarde Ap reported 42,386 shares. Cbre Clarion Securities Ltd accumulated 9,200 shares or 0.01% of the stock. 110,831 are held by Sei Co. Stratos Wealth Ptnrs Limited has invested 0.02% of its portfolio in American Water Works Company Inc (NYSE:AWK). Amp Invsts Limited accumulated 577,989 shares or 0.25% of the stock. Wetherby Asset holds 7,245 shares or 0.1% of its portfolio. Arrow Financial Corp reported 540 shares. Sumitomo Mitsui Asset holds 38,630 shares or 0.05% of its portfolio. Parkside Natl Bank And Trust holds 0% of its portfolio in American Water Works Company Inc (NYSE:AWK) for 3 shares. Thompson Siegel & Walmsley Limited Liability Com accumulated 1,872 shares or 0% of the stock. Pnc Financial Service Grp Inc holds 1.95M shares. State Of Wisconsin Inv Board reported 28,045 shares or 0.01% of all its holdings. Ameritas Inv Partners owns 4,253 shares for 0.02% of their portfolio. Pacific Glob Inv Mgmt Company reported 0.2% in American Water Works Company Inc (NYSE:AWK). Blackrock Japan stated it has 355,857 shares.

Since March 2, 2017, it had 0 insider purchases, and 5 sales for $2.05 million activity. The insider Warnock Loyd A sold $169,339. $76 worth of stock was sold by GOSS MARTHA CLARK on Tuesday, May 9. Lynch Walter sold 10,000 shares worth $780,000. $1.01 million worth of American Water Works Company Inc (NYSE:AWK) was sold by Strauss Mark F. on Thursday, March 2.

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 18 analyst reports since October 15, 2015 according to SRatingsIntel. The company was maintained on Tuesday, September 6 by Barclays Capital. The rating was initiated by Macquarie Research with “Neutral” on Wednesday, January 18. On Wednesday, July 6 the stock rating was downgraded by Bank of America to “Neutral”. The firm has “Buy” rating by Bank of America given on Wednesday, November 9. The firm has “Outperform” rating by Robert W. Baird given on Friday, October 14. Janney Capital upgraded American Water Works Company Inc (NYSE:AWK) on Tuesday, December 20 to “Buy” rating. The stock has “Neutral” rating by Robert W. Baird on Wednesday, April 26. The rating was downgraded by Robert W. Baird to “Neutral” on Wednesday, March 2. The rating was downgraded by Janney Capital on Friday, February 26 to “Neutral”. As per Thursday, May 25, the company rating was initiated by Northcoast.

Analysts await New Media Investment Group Inc (NYSE:NEWM) to report earnings on July, 27. They expect $0.41 EPS, up 95.24% or $0.20 from last year’s $0.21 per share. NEWM’s profit will be $21.51 million for 8.18 P/E if the $0.41 EPS becomes a reality. After $0.04 actual EPS reported by New Media Investment Group Inc for the previous quarter, Wall Street now forecasts 925.00% EPS growth.

Berson & Corrado Investment Advisors Llc holds 2.8% of its portfolio in New Media Investment Group Inc for 282,392 shares. Shikiar Asset Management Inc owns 341,325 shares or 2.39% of their US portfolio. Moreover, Omega Advisors Inc. has 1.89% invested in the company for 2.68 million shares. The Connecticut-based Gilman Hill Asset Management Llc has invested 1.65% in the stock. Winfield Associates Inc., a Ohio-based fund reported 51,611 shares.

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