Swiss National Bank Has $1,051,000 Position in SJW Corp. (SJW)
Swiss National Bank held its stake in shares of SJW Corp. (NYSE:SJW) during the second quarter, Holdings Channel reports. The firm owned 26,700 shares of the company’s stock at the end of the second quarter. Swiss National Bank owned about 0.13% of SJW Corp. worth $1,051,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the stock. Metropolitan Life Insurance Co. NY raised its position in SJW Corp. by 2.0% in the first quarter. Metropolitan Life Insurance Co. NY now owns 10,902 shares of the company’s stock worth $396,000 after buying an additional 214 shares during the period. Strs Ohio raised its position in SJW Corp. by 2.0% in the second quarter. Strs Ohio now owns 20,100 shares of the company’s stock worth $791,000 after buying an additional 400 shares during the period. California State Teachers Retirement System raised its position in SJW Corp. by 2.0% in the second quarter. California State Teachers Retirement System now owns 34,244 shares of the company’s stock worth $1,349,000 after buying an additional 687 shares during the period. Eqis Capital Management Inc. raised its position in SJW Corp. by 14.4% in the second quarter. Eqis Capital Management Inc. now owns 7,749 shares of the company’s stock worth $305,000 after buying an additional 978 shares during the period. Finally, UBS Group AG raised its position in SJW Corp. by 3.5% in the first quarter. UBS Group AG now owns 50,365 shares of the company’s stock worth $1,831,000 after buying an additional 1,709 shares during the period. 45.15% of the stock is owned by institutional investors and hedge funds.
SJW Corp. (NYSE:SJW) traded down 2.19% on Tuesday, reaching $42.49. The company had a trading volume of 22,369 shares. SJW Corp. has a 52-week low of $27.60 and a 52-week high of $46.73. The stock’s 50-day moving average price is $43.08 and its 200 day moving average price is $38.52. The firm has a market capitalization of $868.58 million, a price-to-earnings ratio of 18.98 and a beta of 0.34.
SJW Corp. (NYSE:SJW) last issued its quarterly earnings results on Wednesday, July 27th. The company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.41. SJW Corp. had a return on equity of 11.12% and a net margin of 14.40%. On average, equities analysts anticipate that SJW Corp. will post $1.80 earnings per share for the current fiscal year.
Separately, Zacks Investment Research upgraded SJW Corp. from a “sell” rating to a “hold” rating in a report on Thursday, June 23rd.
In other SJW Corp. news, VP Palle Jensen sold 3,000 shares of the stock in a transaction on Tuesday, August 2nd. The stock was sold at an average price of $41.15, for a total transaction of $123,450.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 22.50% of the company’s stock.
About SJW Corp.
SJW Corp. is a holding company. The Company has approximately five subsidiaries: San Jose Water Company, SJWTX, Inc, SJW Land Company, Texas Water Alliance Limited (TWA) and SJW Group, Inc SJWTX, Inc is doing business as Canyon Lake Water Service Company (CLWSC). The Company operates through two segments: Water Utility Services and Real Estate Services.
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