SJW Group (NYSE:SJW) Shares Bought by Aquatic Capital Management LLC

Aquatic Capital Management LLC increased its holdings in shares of SJW Group (NYSE:SJW - Free Report) by 139.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,279 shares of the utilities provider's stock after acquiring an additional 5,979 shares during the quarter. Aquatic Capital Management LLC's holdings in SJW Group were worth $506,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SJW. First Trust Advisors LP increased its position in SJW Group by 197.0% in the fourth quarter. First Trust Advisors LP now owns 1,317,721 shares of the utilities provider's stock worth $64,858,000 after buying an additional 873,973 shares during the period. Norges Bank acquired a new stake in shares of SJW Group in the 4th quarter worth about $10,255,000. JPMorgan Chase & Co. lifted its position in SJW Group by 131.4% in the 4th quarter. JPMorgan Chase & Co. now owns 153,687 shares of the utilities provider's stock valued at $7,564,000 after purchasing an additional 87,260 shares during the last quarter. Vanguard Group Inc. boosted its stake in SJW Group by 2.8% during the 4th quarter. Vanguard Group Inc. now owns 2,617,642 shares of the utilities provider's stock valued at $128,840,000 after purchasing an additional 72,081 shares during the period. Finally, Nuance Investments LLC boosted its stake in SJW Group by 4.3% during the 4th quarter. Nuance Investments LLC now owns 1,256,548 shares of the utilities provider's stock valued at $61,872,000 after purchasing an additional 52,029 shares during the period. 84.29% of the stock is currently owned by institutional investors and hedge funds.

SJW Group Price Performance

Shares of SJW Group stock traded down $0.37 on Monday, hitting $54.86. The company had a trading volume of 198,473 shares, compared to its average volume of 229,156. SJW Group has a 52 week low of $44.91 and a 52 week high of $62.18. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.77 and a quick ratio of 0.77. The company has a market cap of $1.87 billion, a PE ratio of 19.88, a PEG ratio of 3.94 and a beta of 0.56. The business has a 50-day simple moving average of $53.65 and a 200-day simple moving average of $52.76.

SJW Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend is Monday, May 12th. SJW Group's payout ratio is currently 56.38%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Wells Fargo & Company boosted their price objective on SJW Group from $57.00 to $60.00 and gave the stock an "equal weight" rating in a research report on Tuesday, April 29th. Bank of America upgraded SJW Group from a "neutral" rating to a "buy" rating and reduced their price target for the stock from $59.00 to $55.00 in a research report on Monday, February 3rd. Finally, StockNews.com raised SJW Group from a "sell" rating to a "hold" rating in a report on Friday, February 28th.

SJW Group Company Profile

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.