SG Americas Securities LLC Makes New $130,000 Investment in Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS)

SG Americas Securities LLC purchased a new position in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) during the 4th quarter, Holdings Channel.com reports. The fund purchased 8,555 shares of the utilities provider’s stock, valued at approximately $130,000.

Several other large investors have also recently made changes to their positions in SBS. Raymond James & Associates raised its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 4.3% during the first quarter. Raymond James & Associates now owns 119,987 shares of the utilities provider’s stock worth $1,179,000 after acquiring an additional 4,920 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 21.8% during the first quarter. American Century Companies Inc. now owns 151,347 shares of the utilities provider’s stock worth $1,488,000 after acquiring an additional 27,118 shares in the last quarter. Citigroup Inc. raised its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 32,850.0% during the first quarter. Citigroup Inc. now owns 65,900 shares of the utilities provider’s stock worth $647,000 after acquiring an additional 65,700 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 3.0% during the first quarter. Bank of Montreal Can now owns 122,759 shares of the utilities provider’s stock worth $1,155,000 after acquiring an additional 3,628 shares in the last quarter. Finally, Great West Life Assurance Co. Can grew its holdings in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 15.7% in the first quarter. Great West Life Assurance Co. Can now owns 216,395 shares of the utilities provider’s stock worth $2,266,000 after purchasing an additional 29,324 shares during the last quarter. 10.62% of the stock is owned by hedge funds and other institutional investors.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Stock Up 2.5 %

Shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP stock opened at $15.54 on Thursday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.99 and a current ratio of 1.01. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a 52-week low of $8.75 and a 52-week high of $17.14. The stock has a market capitalization of $10.62 billion, a price-to-earnings ratio of 18.07, a P/E/G ratio of 0.82 and a beta of 1.23. The company’s 50 day moving average price is $16.04 and its 200-day moving average price is $14.61.

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

Companhia de Saneamento Básico do Estado de São Paulo SABESP provides basic and environmental sanitation services in the São Paulo State, Brazil. The company supplies treated water and sewage services to residential, commercial, and industrial private customers, as well as public. As of December 31, 2022, it provided water services through 10.1 million water connections; and sewage services through 8.6 million sewage connections in 375 municipalities of the São Paulo State.