Deutsche Bank AG Invests $126,000 in Pure Cycle Co. (NASDAQ:PCYO)

Deutsche Bank AG bought a new stake in Pure Cycle Co. (NASDAQ:PCYO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 9,928 shares of the utilities provider’s stock, valued at approximately $126,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in PCYO. SG Americas Securities LLC purchased a new position in Pure Cycle during the fourth quarter valued at $110,000. BNP Paribas Financial Markets boosted its holdings in Pure Cycle by 87.0% in the 4th quarter. BNP Paribas Financial Markets now owns 8,832 shares of the utilities provider’s stock worth $112,000 after buying an additional 4,110 shares during the period. Wells Fargo & Company MN lifted its holdings in Pure Cycle by 23.8% in 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. Marshall Wace LLP purchased a new stake in Pure Cycle during the 4th quarter valued at approximately $225,000. Finally, Bank of America Corp DE grew its holdings in Pure Cycle by 42.4% during the 4th quarter. Bank of America Corp DE now owns 25,511 shares of the utilities provider’s stock valued at $323,000 after buying an additional 7,593 shares in the last quarter. Hedge funds and other institutional investors own 51.39% of the company’s stock.

Pure Cycle Trading Down 2.2%

PCYO stock opened at $10.23 on Wednesday. The firm has a fifty day moving average price of $10.37 and a 200 day moving average price of $11.52. Pure Cycle Co. has a fifty-two week low of $8.94 and a fifty-two week high of $14.63. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.09 and a current ratio of 3.56. The firm has a market cap of $246.30 million, a PE ratio of 18.60 and a beta of 1.30.

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

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.