12,000 Shares in Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE:SBS) Purchased by Capital Advisors Inc. OK

Capital Advisors Inc. OK acquired a new position in shares of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE:SBS - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,000 shares of the utilities provider's stock, valued at approximately $214,000.

A number of other large investors have also recently bought and sold shares of the business. First Affirmative Financial Network grew its holdings in shares of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp by 3.3% during the first quarter. First Affirmative Financial Network now owns 17,932 shares of the utilities provider's stock valued at $320,000 after purchasing an additional 565 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp by 2.7% during the 4th quarter. Ameriprise Financial Inc. now owns 29,445 shares of the utilities provider's stock valued at $422,000 after purchasing an additional 776 shares during the period. Quadrant Capital Group LLC grew its stake in Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp by 7.9% during the 4th quarter. Quadrant Capital Group LLC now owns 12,964 shares of the utilities provider's stock worth $186,000 after buying an additional 950 shares during the last quarter. Quantinno Capital Management LP increased its position in Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp by 9.3% in the fourth quarter. Quantinno Capital Management LP now owns 14,573 shares of the utilities provider's stock worth $209,000 after buying an additional 1,237 shares during the period. Finally, Laird Norton Wetherby Wealth Management LLC increased its position in Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp by 7.1% in the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 19,429 shares of the utilities provider's stock worth $278,000 after buying an additional 1,289 shares during the period. Institutional investors own 10.62% of the company's stock.

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

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp stock traded down $0.06 during midday trading on Wednesday, reaching $20.91. 57,090 shares of the stock traded hands, compared to its average volume of 1,100,219. Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp has a fifty-two week low of $13.87 and a fifty-two week high of $22.18. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.60. The firm has a market cap of $14.29 billion, a price-to-earnings ratio of 7.82 and a beta of 0.73. The firm has a fifty day moving average price of $20.71 and a two-hundred day moving average price of $18.12.

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE:SBS - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The utilities provider reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by ($0.01). The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $7.67 billion. Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp had a net margin of 28.70% and a return on equity of 29.18%. On average, equities research analysts forecast that Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp will post 2.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp from a "buy" rating to a "hold" rating in a report on Tuesday, May 20th.

Companhia de saneamento Basico Do Estado De Sao 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.