Quilter Plc grew its holdings in Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS - Free Report) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,044,718 shares of the utilities provider's stock after purchasing an additional 43,436 shares during the quarter. Quilter Plc owned approximately 0.15% of Companhia de Saneamento Básico do Estado de São Paulo - SABESP worth $14,971,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP by 3.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,973 shares of the utilities provider's stock valued at $347,000 after purchasing an additional 770 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP by 33.7% during the 3rd quarter. Advisors Asset Management Inc. now owns 3,613 shares of the utilities provider's stock worth $60,000 after acquiring an additional 911 shares in the last quarter. Bleakley Financial Group LLC raised its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP by 4.9% during the 3rd quarter. Bleakley Financial Group LLC now owns 20,537 shares of the utilities provider's stock worth $340,000 after acquiring an additional 956 shares in the last quarter. QRG Capital Management Inc. raised its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP by 9.7% during the 3rd quarter. QRG Capital Management Inc. now owns 13,318 shares of the utilities provider's stock worth $220,000 after acquiring an additional 1,175 shares in the last quarter. Finally, Quantinno Capital Management LP raised its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP by 15.1% during the 3rd 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. Institutional investors own 10.62% of the company's stock.
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Stock Up 1.9 %
Shares of NYSE SBS traded up $0.32 during trading hours on Thursday, hitting $17.12. 603,547 shares of the stock were exchanged, compared to its average volume of 753,688. The company has a quick ratio of 1.13, a current ratio of 1.14 and a debt-to-equity ratio of 0.56. The company has a market cap of $11.70 billion, a PE ratio of 6.74 and a beta of 1.14. The firm has a fifty day moving average price of $15.21 and a 200-day moving average price of $16.11. Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a 12 month low of $13.10 and a 12 month high of $18.36.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP from a "hold" rating to a "buy" rating in a research note on Thursday, February 6th.
Get Our Latest Analysis on SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Profile
(
Free Report)
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.
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