Nkcfo LLC Has $272,000 Stock Holdings in Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS)

Nkcfo LLC increased its holdings in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) by 216.7% in the 4th quarter, HoldingsChannel reports. The firm owned 19,000 shares of the utilities provider’s stock after acquiring an additional 13,000 shares during the period. Nkcfo LLC’s holdings in Companhia de Saneamento Básico do Estado de São Paulo – SABESP were worth $272,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 3.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,973 shares of the utilities provider’s stock valued at $347,000 after acquiring an additional 770 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 33.7% in the third quarter. Advisors Asset Management Inc. now owns 3,613 shares of the utilities provider’s stock valued at $60,000 after purchasing an additional 911 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 4.9% during the third quarter. Bleakley Financial Group LLC now owns 20,537 shares of the utilities provider’s stock valued at $340,000 after purchasing an additional 956 shares during the period. Rhumbline Advisers grew its stake in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 0.9% in the 4th quarter. Rhumbline Advisers now owns 125,403 shares of the utilities provider’s stock valued at $1,797,000 after buying an additional 1,165 shares during the period. Finally, QRG Capital Management Inc. increased its position in Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 9.7% in the 3rd quarter. QRG Capital Management Inc. now owns 13,318 shares of the utilities provider’s stock valued at $220,000 after buying an additional 1,175 shares in the last quarter. 10.62% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Companhia de Saneamento Básico do Estado de São Paulo – SABESP from a “hold” rating to a “buy” rating in a research report on Thursday, February 6th.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Stock Up 3.9 %

SBS opened at $17.78 on Friday. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a fifty-two week low of $13.10 and a fifty-two week high of $18.36. The firm has a market capitalization of $12.15 billion, a P/E ratio of 7.00 and a beta of 1.14. The company’s 50-day moving average is $15.29 and its 200 day moving average is $16.14. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.14 and a quick ratio of 1.13.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Company 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.