Letko Brosseau & Associates Inc. Lowers Holdings in Companhia de Saneamento Bsc DEDSP (NYSE:SBS)

Share on StockTwits

Letko Brosseau & Associates Inc. trimmed its position in Companhia de Saneamento Bsc DEDSP (NYSE:SBS) by 5.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,760,186 shares of the utilities provider’s stock after selling 222,800 shares during the period. Letko Brosseau & Associates Inc. owned approximately 0.55% of Companhia de Saneamento Bsc DEDSP worth $45,761,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SBS. Creative Planning grew its position in Companhia de Saneamento Bsc DEDSP by 10.8% in the 1st quarter. Creative Planning now owns 11,192 shares of the utilities provider’s stock valued at $118,000 after buying an additional 1,091 shares during the last quarter. Advisor Group Inc. grew its position in Companhia de Saneamento Bsc DEDSP by 41.2% in the 2nd quarter. Advisor Group Inc. now owns 9,592 shares of the utilities provider’s stock valued at $118,000 after buying an additional 2,798 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Companhia de Saneamento Bsc DEDSP by 31.7% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 13,280 shares of the utilities provider’s stock worth $141,000 after purchasing an additional 3,200 shares in the last quarter. Atlas Capital Advisors LLC boosted its position in shares of Companhia de Saneamento Bsc DEDSP by 106.6% during the 2nd quarter. Atlas Capital Advisors LLC now owns 16,516 shares of the utilities provider’s stock worth $201,000 after purchasing an additional 8,521 shares in the last quarter. Finally, Deltec Asset Management LLC boosted its position in shares of Companhia de Saneamento Bsc DEDSP by 34.2% during the 1st quarter. Deltec Asset Management LLC now owns 19,600 shares of the utilities provider’s stock worth $207,000 after purchasing an additional 5,000 shares in the last quarter. Hedge funds and other institutional investors own 13.56% of the company’s stock.

Several equities research analysts have commented on the stock. Zacks Investment Research lowered shares of Companhia de Saneamento Bsc DEDSP from a “strong-buy” rating to a “sell” rating and set a $13.00 target price on the stock. in a research report on Tuesday, June 18th. ValuEngine lowered shares of Companhia de Saneamento Bsc DEDSP from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. Companhia de Saneamento Bsc DEDSP presently has an average rating of “Hold” and an average target price of $13.00.

Shares of NYSE SBS traded down $0.75 during trading on Thursday, hitting $12.98. 133,687 shares of the company were exchanged, compared to its average volume of 1,596,843. The stock has a market cap of $9.85 billion, a P/E ratio of 12.04 and a beta of 0.94. Companhia de Saneamento Bsc DEDSP has a 1 year low of $5.58 and a 1 year high of $14.60. The stock has a fifty day moving average price of $13.51. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.01.

Companhia de Saneamento Bsc DEDSP Profile

Companhia de Saneamento Básico do Estado de São Paulo-SABESP provides basic and environmental sanitation services, and supplies treated water and sewage services on a wholesale basis to residential, commercial, industrial, and governmental customers in the state of São Paulo. It provides water supply, sanitary sewage, urban rainwater management and drainage, urban cleaning, and solid waste management services, as well as related activities, including the planning, operation, maintenance, and commercialization of energy.

Featured Article: Blockchain

Want to see what other hedge funds are holding SBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Companhia de Saneamento Bsc DEDSP (NYSE:SBS).

Institutional Ownership by Quarter for Companhia de Saneamento Bsc DEDSP (NYSE:SBS)

Receive News & Ratings for Companhia de Saneamento Bsc DEDSP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Companhia de Saneamento Bsc DEDSP and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.