Royce & Associates LP Has $20.54 Million Holdings in SJW Corporation (SJW)
Royce & Associates LP lessened its holdings in SJW Corporation (NYSE:SJW) by 4.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 362,882 shares of the utilities provider’s stock after selling 15,318 shares during the quarter. Royce & Associates LP owned 1.77% of SJW worth $20,539,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in SJW. Dimensional Fund Advisors LP grew its holdings in shares of SJW by 0.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 700,239 shares of the utilities provider’s stock worth $39,634,000 after purchasing an additional 5,226 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in SJW by 5.8% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 82,117 shares of the utilities provider’s stock worth $4,648,000 after acquiring an additional 4,509 shares during the last quarter. Campbell & CO Investment Adviser LLC grew its holdings in SJW by 24.5% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 7,963 shares of the utilities provider’s stock worth $451,000 after acquiring an additional 1,568 shares during the last quarter. Wells Fargo & Company MN grew its holdings in SJW by 63.1% during the 3rd quarter. Wells Fargo & Company MN now owns 52,151 shares of the utilities provider’s stock worth $2,952,000 after acquiring an additional 20,184 shares during the last quarter. Finally, Schroder Investment Management Group grew its holdings in SJW by 3.1% during the 3rd quarter. Schroder Investment Management Group now owns 159,261 shares of the utilities provider’s stock worth $9,146,000 after acquiring an additional 4,739 shares during the last quarter. 54.63% of the stock is currently owned by hedge funds and other institutional investors.
Shares of SJW Corporation (NYSE SJW) traded down $0.77 during trading hours on Monday, reaching $64.52. 51,700 shares of the company’s stock were exchanged, compared to its average volume of 67,691. SJW Corporation has a 12-month low of $45.39 and a 12-month high of $69.29. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.95. The company has a market cap of $1,324.01, a price-to-earnings ratio of 26.12 and a beta of 0.17.
The business also recently disclosed a special dividend, which will be paid on Monday, December 11th. Shareholders of record on Wednesday, November 29th will be issued a dividend of $0.17 per share. This represents a yield of 1.32%. The ex-dividend date of this dividend is Tuesday, November 28th. SJW’s dividend payout ratio is currently 32.34%.
Separately, Zacks Investment Research raised shares of SJW from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a report on Tuesday, October 31st.
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SJW Company Profile
SJW Group, formerly SJW Corp., is a holding company. The Company’s subsidiaries include San Jose Water Company, SJWTX, Inc, SJW Land Company and Texas Water Alliance Limited (TWA). SJWTX, Inc is doing business as Canyon Lake Water Service Company (CLWSC). It operates through the segments, which include Water Utility Services, Real Estate Services and All Other.
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