Integrated Quantitative Investments LLC Makes New $731,000 Investment in Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS)

Integrated Quantitative Investments LLC bought a new position in shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 51,000 shares of the utilities provider's stock, valued at approximately $731,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Walleye Capital LLC acquired a new position in shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP during the 3rd quarter valued at $255,000. Verition Fund Management LLC acquired a new position in Companhia de Saneamento Básico do Estado de São Paulo - SABESP during the 3rd quarter worth approximately $1,275,000. Point72 Asset Management L.P. boosted its holdings in Companhia de Saneamento Básico do Estado de São Paulo - SABESP by 334.0% in the third quarter. Point72 Asset Management L.P. now owns 143,658 shares of the utilities provider's stock worth $2,376,000 after acquiring an additional 110,558 shares in the last quarter. Quantinno Capital Management LP boosted its holdings in Companhia de Saneamento Básico do Estado de São Paulo - SABESP by 15.1% in the third quarter. Quantinno Capital Management LP now owns 13,336 shares of the utilities provider's stock worth $221,000 after acquiring an additional 1,751 shares in the last quarter. Finally, State Street Corp grew its stake in Companhia de Saneamento Básico do Estado de São Paulo - SABESP by 15.1% in the third quarter. State Street Corp now owns 470,822 shares of the utilities provider's stock valued at $7,787,000 after acquiring an additional 61,874 shares during the period. 10.62% of the stock is owned by institutional investors.

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Companhia de Saneamento Básico do Estado de São Paulo - SABESP Stock Down 0.1 %

Shares of NYSE SBS traded down $0.02 during trading on Thursday, hitting $17.45. The stock had a trading volume of 541,099 shares, compared to its average volume of 1,054,679. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.14 and a quick ratio of 1.13. The firm has a fifty day moving average of $17.14 and a two-hundred day moving average of $16.16. Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a 12 month low of $13.10 and a 12 month high of $18.95. The company has a market capitalization of $11.92 billion, a PE ratio of 6.87 and a beta of 0.77.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS - Get Free Report) last released its earnings results on Monday, March 24th. The utilities provider reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.43. The firm had revenue of $981.20 million during the quarter, compared to the consensus estimate of $6.89 billion. Companhia de Saneamento Básico do Estado de São Paulo - SABESP had a net margin of 25.62% and a return on equity of 27.73%. As a group, equities research analysts forecast that Companhia de Saneamento Básico do Estado de São Paulo - SABESP will post 2.17 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com upgraded Companhia de Saneamento Básico do Estado de São Paulo - SABESP from a "hold" rating to a "buy" rating in a report on Tuesday, April 1st.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP Profile

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP engages in the provision of water and sewage service. It also offers advisory services on the rational use of water, planning and commercial, and financial and operational management. The company was founded on September 6, 1973 and is headquartered in São Paulo, Brazil.