Northern Trust Corp Has $25.84 Million Stake in Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp $SBS

Northern Trust Corp increased its holdings in shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (NYSE:SBS) by 5.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,446,698 shares of the utilities provider’s stock after purchasing an additional 69,612 shares during the quarter. Northern Trust Corp owned approximately 0.21% of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp worth $25,838,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SBS. Wells Fargo & Company MN boosted its holdings in Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp by 129.0% during the fourth quarter. Wells Fargo & Company MN now owns 15,899 shares of the utilities provider’s stock worth $228,000 after purchasing an additional 8,955 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp by 30.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 289,282 shares of the utilities provider’s stock valued at $4,149,000 after buying an additional 68,174 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp by 49.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 167,225 shares of the utilities provider’s stock worth $2,396,000 after acquiring an additional 55,585 shares in the last quarter. Jane Street Group LLC raised its position in Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp by 150.4% during the fourth quarter. Jane Street Group LLC now owns 33,876 shares of the utilities provider’s stock worth $485,000 after acquiring an additional 20,349 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp by 2.7% during the fourth quarter. Ameriprise Financial Inc. now owns 29,445 shares of the utilities provider’s stock worth $422,000 after acquiring an additional 776 shares in the last quarter. Institutional investors and hedge funds own 10.62% of the company’s stock.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp from a “buy” rating to a “hold” rating in a research report on Tuesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp has an average rating of “Strong Buy”.

Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp Stock Performance

NYSE SBS opened at $22.60 on Monday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.69. The firm’s fifty day moving average price is $20.76 and its two-hundred day moving average price is $19.52. Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp has a 1 year low of $13.87 and a 1 year high of $22.88. The firm has a market capitalization of $15.45 billion, a P/E ratio of 7.82 and a beta of 0.86.

Companhia de saneamento Basico Do Estado De Sao 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.