Custom Index Systems LLC Invests $280,000 in Companhia de Saneamento Básico do Estado de São Paulo

Custom Index Systems LLC purchased a new stake in Companhia de Saneamento Básico do Estado de São Paulo – SABESP ( NYSE:SBS – Free Report ) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 20,804 shares of the utilities provider’s stock, valued at approximately $280,000. Other large investors also recently bought and sold shares of the company.

QRG Capital Management Inc. raised its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 7.2% during the 1st quarter.

QRG Capital Management Inc. now owns 11,664 shares of the utilities provider’s stock worth $196,000 after buying an additional 780 shares during the period. First Affirmative Financial Network raised its holdings in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 10.

6% during the second quarter. First Affirmative Financial Network now owns 11,165 shares of the utilities provider’s stock valued at $150,000 after acquiring an additional 1,069 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 9.

8% in the first quarter. Sequoia Financial Advisors LLC now owns 14,832 shares of the utilities provider’s stock valued at $250,000 after acquiring an additional 1,319 shares in the last quarter. Russell Investments Group Ltd.

boosted its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 3.3% in the first quarter. Russell Investments Group Ltd.

now owns 53,214 shares of the utilities provider’s stock worth $896,000 after acquiring an additional 1,702 shares during the last quarter. Finally, Acadian Asset Management LLC increased its position in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 6.2% during the second quarter.

Acadian Asset Management LLC now owns 29,706 shares of the utilities provider’s stock worth $399,000 after purchasing an additional 1,728 shares in the last quarter. Institutional investors and hedge funds own 10.62% of the company’s stock.

Analyst Upgrades and Downgrades Separately, StockNews.com raised shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP from a “hold” rating to a “buy” rating in a research note on Wednesday, September 4th. Companhia de Saneamento Básico do Estado de São Paulo – SABESP Stock Down 1.

1 % SBS stock opened at $16.95 on Monday. The company has a market cap of $11.

59 billion, a price-to-earnings ratio of 15.99 and a beta of 1.16.

The firm has a 50-day moving average of $16.23 and a two-hundred day moving average of $15.64.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a 12 month low of $11.29 and a 12 month high of $18.36.

The company has a current ratio of 1.23, a quick ratio of 1.21 and a debt-to-equity ratio of 0.

63. Companhia de Saneamento Básico do Estado de São Paulo – SABESP ( NYSE:SBS – Get Free Report ) last announced its quarterly earnings data on Thursday, August 8th. The utilities provider reported $0.

34 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.08.

The firm had revenue of $1.30 billion for the quarter. Companhia de Saneamento Básico do Estado de São Paulo – SABESP had a return on equity of 13.

35% and a net margin of 15.00%. As a group, analysts forecast that Companhia de Saneamento Básico do Estado de São Paulo – SABESP will post 1.

06 earnings per share for the current fiscal year. About Companhia de Saneamento Básico do Estado de São Paulo – SABESP ( Free Report ) 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.

Read More Want to see what other hedge funds are holding SBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Companhia de Saneamento Básico do Estado de São Paulo – SABESP ( NYSE:SBS – Free Report ). Receive News & Ratings for Companhia de Saneamento Básico do Estado de São Paulo - SABESP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Companhia de Saneamento Básico do Estado de São Paulo - SABESP and related companies with MarketBeat.

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