Companhia de Saneamento Basico (SBS) Shares Bought by Thomas White International Ltd.

Thomas White International Ltd. increased its stake in shares of Companhia de Saneamento Basico (NYSE:SBS) by 5.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 123,611 shares of the utilities provider’s stock after purchasing an additional 6,759 shares during the period. Thomas White International Ltd.’s holdings in Companhia de Saneamento Basico were worth $1,292,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Windacre Partnership LLC raised its position in shares of Companhia de Saneamento Basico by 36.1% during the 3rd quarter. Windacre Partnership LLC now owns 12,509,300 shares of the utilities provider’s stock worth $130,847,000 after purchasing an additional 3,321,300 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Companhia de Saneamento Basico by 5.2% during the 2nd quarter. Vanguard Group Inc. now owns 5,172,179 shares of the utilities provider’s stock worth $49,239,000 after purchasing an additional 256,552 shares during the last quarter. Schroder Investment Management Group raised its position in shares of Companhia de Saneamento Basico by 40.9% during the 4th quarter. Schroder Investment Management Group now owns 3,094,996 shares of the utilities provider’s stock worth $32,343,000 after purchasing an additional 898,970 shares during the last quarter. King Street Capital Management L.P. acquired a new position in shares of Companhia de Saneamento Basico during the 3rd quarter worth about $31,380,000. Finally, State Street Corp raised its position in shares of Companhia de Saneamento Basico by 2.6% during the 2nd quarter. State Street Corp now owns 1,470,063 shares of the utilities provider’s stock worth $13,993,000 after purchasing an additional 36,682 shares during the last quarter. Hedge funds and other institutional investors own 16.69% of the company’s stock.

SBS has been the subject of a number of recent research reports. HSBC upgraded shares of Companhia de Saneamento Basico from a “hold” rating to a “buy” rating in a report on Wednesday, November 22nd. JPMorgan Chase & Co. upgraded shares of Companhia de Saneamento Basico from a “neutral” rating to an “overweight” rating in a report on Monday, November 27th. Zacks Investment Research downgraded shares of Companhia de Saneamento Basico from a “hold” rating to a “sell” rating in a report on Thursday, November 23rd. UBS Group downgraded shares of Companhia de Saneamento Basico from a “buy” rating to a “neutral” rating in a report on Thursday, November 2nd. Finally, ValuEngine upgraded shares of Companhia de Saneamento Basico from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold”.

Shares of Companhia de Saneamento Basico (SBS) opened at $11.05 on Tuesday. The company has a market cap of $7,532.28, a PE ratio of 8.48 and a beta of 1.86. The company has a quick ratio of 1.07, a current ratio of 1.10 and a debt-to-equity ratio of 0.61. Companhia de Saneamento Basico has a 1-year low of $8.15 and a 1-year high of $11.69.

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Companhia de Saneamento Basico Profile

Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP is a water and sewage service provider. The Company provides water and sewage services to a range of residential, commercial, industrial and governmental customers in over 360 municipalities in the state of Sao Paulo, including the city of Sao Paulo.

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Institutional Ownership by Quarter for Companhia de Saneamento Basico (NYSE:SBS)

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