4 hours Ago By Defense World Staff
Victory Capital Management Inc. lessened its holdings in SJW Group ( NYSE:SJW – Free Report ) by 4.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 166,126 shares of the utilities provider’s stock after selling 8,608 shares during the quarter. Victory Capital Management Inc. owned 0.
51% of SJW Group worth $8,177,000 as of its most recent SEC filing. Other institutional investors have also made changes to their positions in the company. Duff & Phelps Investment Management Co.
bought a new stake in shares of SJW Group in the third quarter worth $1,593,000. Geode Capital Management LLC lifted its position in shares of SJW Group by 1.9% in the third quarter.
Geode Capital Management LLC now owns 722,734 shares of the utilities provider’s stock worth $42,006,000 after purchasing an additional 13,614 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in SJW Group by 5.
9% during the third quarter. Charles Schwab Investment Management Inc. now owns 369,967 shares of the utilities provider’s stock worth $21,499,000 after buying an additional 20,646 shares during the last quarter.
State of New Jersey Common Pension Fund D increased its holdings in SJW Group by 11.6% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 38,063 shares of the utilities provider’s stock worth $1,873,000 after buying an additional 3,952 shares during the last quarter.
Finally, SG Americas Securities LLC increased its holdings in SJW Group by 195.7% during the fourth quarter. SG Americas Securities LLC now owns 31,919 shares of the utilities provider’s stock worth $1,571,000 after buying an additional 21,123 shares during the last quarter.
Institutional investors own 84.29% of the company’s stock. Analysts Set New Price Targets SJW has been the topic of a number of recent analyst reports.
StockNews.com upgraded shares of SJW Group from a “sell” rating to a “hold” rating in a report on Friday, February 28th. Bank of America upgraded shares of SJW Group from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $59.
00 to $55.00 in a report on Monday, February 3rd. Finally, Wells Fargo & Company boosted their target price on shares of SJW Group from $53.
00 to $57.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. SJW Group Stock Up 1.
1 % SJW stock opened at $54.09 on Friday. The stock has a market capitalization of $1.
82 billion, a P/E ratio of 19.60, a price-to-earnings-growth ratio of 3.94 and a beta of 0.
58. The company has a current ratio of 0.77, a quick ratio of 0.
77 and a debt-to-equity ratio of 1.25. SJW Group has a 12 month low of $44.
91 and a 12 month high of $62.18. The firm has a 50-day moving average price of $50.
84 and a 200-day moving average price of $54.10. SJW Group Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd.
Investors of record on Monday, February 10th were issued a $0.42 dividend. This represents a $1.
68 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date was Monday, February 10th.
This is a positive change from SJW Group’s previous quarterly dividend of $0.40. SJW Group’s dividend payout ratio (DPR) is 58.
95%. SJW Group Company Profile ( Free Report ) SJW Group, through its subsidiaries, provides water utility and other related services in the United States. It operates in Water Utility Services and Real Estate Services segments.
The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District. Featured Stories Five stocks we like better than SJW Group How to Calculate Retirement Income: MarketBeat’s Calculator Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead Overbought Stocks Explained: Should You Trade Them? How Super Micro Computer Stock Is Defying the Market Sell-Off What Is WallStreetBets and What Stocks Are They Targeting? AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster? Want to see what other hedge funds are holding SJW? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for SJW Group ( NYSE:SJW – Free Report ). Receive News & Ratings for SJW Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SJW Group and related companies with MarketBeat.com's FREE daily email newsletter .
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