Douglass Winthrop Advisors LLC Holds Position in Pure Cycle Corporation (PCYO)

Douglass Winthrop Advisors LLC continued to hold its stake in shares of Pure Cycle Corporation (NASDAQ:PCYO) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 88,565 shares of the utilities provider’s stock at the end of the second quarter. Douglass Winthrop Advisors LLC owned approximately 0.37% of Pure Cycle Corporation worth $686,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Rhumbline Advisers purchased a new stake in shares of Pure Cycle Corporation during the second quarter worth about $125,000. Parametric Portfolio Associates LLC purchased a new stake in shares of Pure Cycle Corporation during the first quarter worth about $156,000. Janney Montgomery Scott LLC purchased a new stake in shares of Pure Cycle Corporation during the second quarter worth about $178,000. Schwab Charles Investment Management Inc. purchased a new stake in shares of Pure Cycle Corporation during the second quarter worth about $300,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Pure Cycle Corporation during the second quarter worth about $344,000. Institutional investors own 66.79% of the company’s stock.

Shares of Pure Cycle Corporation (PCYO) opened at 7.00 on Friday. Pure Cycle Corporation has a one year low of $4.52 and a one year high of $8.73. The company’s market cap is $166.28 million. The stock’s 50 day moving average price is $7.37 and its 200-day moving average price is $6.67.

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Separately, Zacks Investment Research cut Pure Cycle Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, May 30th.

Pure Cycle Corporation Company Profile

Pure Cycle Corporation is an integrated water company that provides wholesale water and wastewater services. The Company provides its services to wholesale customers, which include industrial customers and local governmental entities that provide water and wastewater services to their end-use customers located in the Denver, Colorado metropolitan area.

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