Thomas White International Ltd. Has $1.29 Million Holdings in Companhia de Saneamento Basico (SBS)

Thomas White International Ltd. grew its position in Companhia de Saneamento Basico (NYSE:SBS) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 123,611 shares of the utilities provider’s stock after acquiring an additional 6,759 shares during the period. Thomas White International Ltd.’s holdings in Companhia de Saneamento Basico were worth $1,292,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of SBS. Ameriprise Financial Inc. acquired a new position in shares of Companhia de Saneamento Basico in the second quarter worth about $117,000. New York State Common Retirement Fund raised its position in shares of Companhia de Saneamento Basico by 95.9% in the second quarter. New York State Common Retirement Fund now owns 98,850 shares of the utilities provider’s stock worth $941,000 after acquiring an additional 48,399 shares during the period. Vanguard Group Inc. raised its position in shares of Companhia de Saneamento Basico by 5.2% in the second quarter. Vanguard Group Inc. now owns 5,172,179 shares of the utilities provider’s stock worth $49,239,000 after acquiring an additional 256,552 shares during the period. Virtu KCG Holdings LLC acquired a new position in shares of Companhia de Saneamento Basico in the second quarter worth about $119,000. Finally, Stifel Financial Corp raised its position in shares of Companhia de Saneamento Basico by 39.9% in the second quarter. Stifel Financial Corp now owns 100,775 shares of the utilities provider’s stock worth $957,000 after acquiring an additional 28,725 shares during the period. Institutional investors and hedge funds own 16.69% of the company’s stock.

Companhia de Saneamento Basico (NYSE SBS) opened at $11.05 on Tuesday. Companhia de Saneamento Basico has a 1 year low of $8.15 and a 1 year high of $11.69. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.10. The firm has a market cap of $7,532.28, a PE ratio of 8.48 and a beta of 1.86.

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Companhia de Saneamento Basico from a “neutral” rating to an “overweight” rating in a research report on Monday, November 27th. Zacks Investment Research downgraded shares of Companhia de Saneamento Basico from a “hold” rating to a “sell” rating in a research report on Thursday, November 23rd. HSBC upgraded shares of Companhia de Saneamento Basico from a “hold” rating to a “buy” rating in a research report on Wednesday, November 22nd. ValuEngine upgraded shares of Companhia de Saneamento Basico from a “hold” rating to a “buy” rating in a research report on Tuesday, November 14th. Finally, UBS Group downgraded shares of Companhia de Saneamento Basico from a “buy” rating to a “neutral” rating in a research report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold”.

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Companhia de Saneamento Basico Company Profile

Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP is a water and sewage service provider. The Company provides water and sewage services to a range of residential, commercial, industrial and governmental customers in over 360 municipalities in the state of Sao Paulo, including the city of Sao Paulo.

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

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