Dimensional Fund Advisors LP Buys 6,387 Shares of Pure Cycle Co. (NASDAQ:PCYO)

Dimensional Fund Advisors LP boosted its stake in shares of Pure Cycle Co. (NASDAQ:PCYO) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 466,795 shares of the utilities provider’s stock after acquiring an additional 6,387 shares during the quarter. Dimensional Fund Advisors LP owned 1.94% of Pure Cycle worth $5,919,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wells Fargo & Company MN increased its position in shares of Pure Cycle by 23.8% during the 4th quarter. Wells Fargo & Company MN now owns 12,191 shares of the utilities provider’s stock worth $155,000 after purchasing an additional 2,343 shares in the last quarter. Barclays PLC boosted its position in Pure Cycle by 14.1% in the fourth quarter. Barclays PLC now owns 31,247 shares of the utilities provider’s stock valued at $396,000 after buying an additional 3,862 shares in the last quarter. Bard Associates Inc. grew its stake in Pure Cycle by 1.3% during the fourth quarter. Bard Associates Inc. now owns 369,843 shares of the utilities provider’s stock worth $4,690,000 after buying an additional 4,848 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Pure Cycle by 58.6% during the third quarter. JPMorgan Chase & Co. now owns 14,359 shares of the utilities provider’s stock worth $155,000 after buying an additional 5,305 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of Pure Cycle in the fourth quarter valued at approximately $110,000. 51.39% of the stock is owned by institutional investors.

Pure Cycle Stock Down 0.7%

NASDAQ PCYO opened at $10.37 on Monday. The stock’s 50 day simple moving average is $10.42 and its 200 day simple moving average is $11.63. Pure Cycle Co. has a one year low of $8.94 and a one year high of $14.63. The firm has a market cap of $249.67 million, a PE ratio of 18.85 and a beta of 1.30. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.56 and a quick ratio of 3.09.

Pure Cycle (NASDAQ:PCYO) last announced its earnings results on Wednesday, April 9th. The utilities provider reported $0.03 EPS for the quarter. Pure Cycle had a return on equity of 10.54% and a net margin of 46.32%. The company had revenue of $4.00 million for the quarter.

About Pure Cycle

Pure Cycle Corporation designs, constructs, operates, and maintains water and wastewater systems in the Denver metropolitan area and Colorado Front Range in the United States. It operates in two segments, Wholesale Water and Wastewater Services, and Land Development. The company engages in the wholesale water production, storage, treatment, and distribution systems; wastewater collection and treatment systems; development of 930-acre master-planned community; oil and gas leasing business; and construction and leasing of single-family homes.