Signaturefd LLC Grows Position in Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS)

Signaturefd LLC raised its position in Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) by 25.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,305 shares of the utilities provider’s stock after acquiring an additional 1,917 shares during the quarter. Signaturefd LLC’s holdings in Companhia de Saneamento Básico do Estado de São Paulo – SABESP were worth $133,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new stake in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP during the 4th quarter worth about $26,000. Advisors Asset Management Inc. raised its holdings in Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 33.7% during the third quarter. Advisors Asset Management Inc. now owns 3,613 shares of the utilities provider’s stock worth $60,000 after purchasing an additional 911 shares in the last quarter. J.Safra Asset Management Corp purchased a new stake in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP during the 4th quarter worth approximately $54,000. R Squared Ltd acquired a new position in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP in the 4th quarter valued at $66,000. Finally, Ballentine Partners LLC purchased a new position in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP in the 4th quarter valued at $145,000. Institutional investors and hedge funds own 10.62% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP from a “buy” rating to a “hold” rating in a research report on Tuesday, March 18th.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Trading Down 1.7 %

NYSE:SBS opened at $17.67 on Monday. The company has a market capitalization of $12.08 billion, a PE ratio of 6.96 and a beta of 1.15. 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. The stock’s 50 day moving average price is $16.51 and its 200 day moving average price is $16.09. The company has a quick ratio of 1.13, a current ratio of 1.14 and a debt-to-equity ratio of 0.56.

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