Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (SBS) Shares Bought by Windacre Partnership LLC

Windacre Partnership LLC boosted its holdings in Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (NYSE:SBS) by 36.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,509,300 shares of the utilities provider’s stock after purchasing an additional 3,321,300 shares during the period. Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp makes up 18.5% of Windacre Partnership LLC’s portfolio, making the stock its 3rd largest position. Windacre Partnership LLC owned 1.83% of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp worth $130,847,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Newfoundland Capital Management lifted its stake in Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp by 716.0% in the second quarter. Newfoundland Capital Management now owns 359,857 shares of the utilities provider’s stock worth $3,498,000 after purchasing an additional 315,755 shares during the last quarter. Brookfield Asset Management Inc. lifted its stake in Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp by 40.7% in the second quarter. Brookfield Asset Management Inc. now owns 6,193,655 shares of the utilities provider’s stock worth $58,964,000 after purchasing an additional 1,791,635 shares during the last quarter. Timber Hill LLC bought a new stake in Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp in the third quarter worth $378,000. USA Financial Portformulas Corp bought a new position in shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp during the second quarter valued at about $744,000. Finally, Lord Abbett & CO. LLC bought a new position in shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp during the second quarter valued at about $12,385,000. 15.97% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp from a “hold” rating to a “sell” rating in a research note on Thursday, November 23rd. ValuEngine raised shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp from a “hold” rating to a “buy” rating in a research note on Tuesday, November 14th. Janney Montgomery Scott raised shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp from a “neutral” rating to a “buy” rating in a research note on Wednesday, August 16th. HSBC raised shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp from a “hold” rating to a “buy” rating in a research note on Wednesday, November 22nd. Finally, BidaskClub downgraded shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 11th. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold”.

Shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (NYSE SBS) traded down $0.06 during trading hours on Wednesday, hitting $10.20. 824,200 shares of the stock traded hands, compared to its average volume of 1,835,839. The company has a market capitalization of $7,012.81, a P/E ratio of 7.89 and a beta of 1.85. The company has a current ratio of 1.10, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp has a 52-week low of $7.82 and a 52-week high of $11.33.

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Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp 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.

Institutional Ownership by Quarter for Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE:SBS)

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