10,422 Shares in Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) Acquired by Tudor Investment Corp Et Al

Tudor Investment Corp Et Al acquired a new stake in Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS – Get Rating) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 10,422 shares of the utilities provider’s stock, valued at approximately $95,000.

Other institutional investors have also recently made changes to their positions in the company. Letko Brosseau & Associates Inc. grew its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 10.3% in the third quarter. Letko Brosseau & Associates Inc. now owns 5,315,240 shares of the utilities provider’s stock worth $48,422,000 after purchasing an additional 495,715 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 78.0% during the first quarter. First Trust Advisors LP now owns 4,928,061 shares of the utilities provider’s stock valued at $48,443,000 after buying an additional 2,158,995 shares during the period. Wellington Management Group LLP raised its holdings in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 490.4% during the first quarter. Wellington Management Group LLP now owns 3,089,967 shares of the utilities provider’s stock valued at $30,375,000 after acquiring an additional 2,566,633 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 14.7% in the second quarter. Renaissance Technologies LLC now owns 1,985,945 shares of the utilities provider’s stock worth $15,868,000 after acquiring an additional 254,900 shares during the period. Finally, Itau Unibanco Holding S.A. boosted its holdings in Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 152.9% in the third quarter. Itau Unibanco Holding S.A. now owns 1,582,470 shares of the utilities provider’s stock valued at $14,416,000 after acquiring an additional 956,708 shares in the last quarter. Hedge funds and other institutional investors own 12.57% of the company’s stock.

Analyst Upgrades and Downgrades

SBS has been the subject of several research reports. StockNews.com lowered shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP from a “buy” rating to a “hold” rating in a report on Saturday. TheStreet upgraded shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP from a “c” rating to a “b” rating in a report on Friday, December 9th.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Price Performance

Shares of SBS stock opened at $9.69 on Friday. The company has a quick ratio of 1.45, a current ratio of 1.48 and a debt-to-equity ratio of 0.62. The stock has a market cap of $6.62 billion, a price-to-earnings ratio of 11.40 and a beta of 1.04. The business’s fifty day moving average is $10.37 and its 200 day moving average is $10.39. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a twelve month low of $7.45 and a twelve month high of $12.04.

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

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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.