Media headlines about California Water Service Group Holding (NYSE:CWT) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. California Water Service Group Holding earned a news impact score of 0.14 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 46.1762055378003 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:

Shares of California Water Service Group Holding (NYSE:CWT) traded up 0.73% during mid-day trading on Wednesday, reaching $41.65. 19,185 shares of the company’s stock traded hands. California Water Service Group Holding has a one year low of $29.25 and a one year high of $41.95. The firm’s 50-day moving average is $38.08 and its 200 day moving average is $36.89. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 35.60 and a beta of 0.70.

California Water Service Group Holding (NYSE:CWT) last announced its earnings results on Thursday, July 27th. The utilities provider reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.08. The business had revenue of $171.10 million for the quarter, compared to analyst estimates of $162.23 million. California Water Service Group Holding had a net margin of 9.17% and a return on equity of 8.78%. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period last year, the firm posted $0.24 earnings per share. Analysts predict that California Water Service Group Holding will post $1.31 earnings per share for the current year.

Several brokerages have commented on CWT. BidaskClub cut shares of California Water Service Group Holding from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Zacks Investment Research cut shares of California Water Service Group Holding from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. US Capital Advisors restated a “hold” rating on shares of California Water Service Group Holding in a research note on Monday, July 17th. Barclays PLC lifted their price objective on shares of California Water Service Group Holding from $30.00 to $32.00 and gave the company an “underweight” rating in a research note on Friday, September 22nd. Finally, Robert W. Baird restated a “hold” rating and set a $35.00 price objective on shares of California Water Service Group Holding in a research note on Sunday, September 3rd. Two investment analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $35.50.

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In other news, VP Lynne P. Mcghee sold 1,079 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $36.94, for a total transaction of $39,858.26. Following the transaction, the vice president now directly owns 18,581 shares in the company, valued at $686,382.14. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Lynne P. Mcghee sold 1,605 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $37.61, for a total transaction of $60,364.05. Following the transaction, the vice president now owns 19,660 shares in the company, valued at $739,412.60. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.

About California Water Service Group Holding

California Water Service Group is a holding company. The Company operates through the supply and distribution of water and providing water-related utility services segment. The Company, through its subsidiaries, provides non-regulated services and non-regulated services to private companies and municipalities.

Insider Buying and Selling by Quarter for California Water  Service Group Holding (NYSE:CWT)

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