Quilter Plc Has $14.97 Million Stock Position in Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS)

Quilter Plc increased its holdings in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) by 4.3% during the fourth quarter, Holdings Channel reports. The fund owned 1,044,718 shares of the utilities provider’s stock after purchasing an additional 43,436 shares during the period. Quilter Plc’s holdings in Companhia de Saneamento Básico do Estado de São Paulo – SABESP were worth $14,971,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of SBS. Citigroup Inc. grew its position in Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 4,931.7% during the 3rd quarter. Citigroup Inc. now owns 1,216,372 shares of the utilities provider’s stock worth $20,119,000 after acquiring an additional 1,192,198 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 506.4% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 923,414 shares of the utilities provider’s stock worth $15,273,000 after acquiring an additional 771,128 shares during the last quarter. Verde Servicos Internacionais S.A. grew its position in Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 603.1% during the 4th quarter. Verde Servicos Internacionais S.A. now owns 667,196 shares of the utilities provider’s stock worth $9,561,000 after acquiring an additional 572,308 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 34.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,506,844 shares of the utilities provider’s stock worth $24,923,000 after acquiring an additional 389,063 shares during the last quarter. Finally, Wexford Capital LP bought a new stake in Companhia de Saneamento Básico do Estado de São Paulo – SABESP during the 3rd quarter worth approximately $5,228,000. 10.62% of the stock is currently owned by institutional investors.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Stock Down 2.2 %

Shares of SBS opened at $16.54 on Monday. The firm has a market capitalization of $11.30 billion, a price-to-earnings ratio of 6.51 and a beta of 1.14. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.13 and a current ratio of 1.14. The business’s fifty day moving average price is $15.11 and its two-hundred day moving average price is $16.08. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a 52 week low of $13.10 and a 52 week high of $18.36.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Companhia de Saneamento Básico do Estado de São Paulo – SABESP from a “hold” rating to a “buy” rating in a research report on Thursday.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Company 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.