SJW Corp. (NYSE:SJW)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $43.24 and last traded at $43.23, with a volume of 124,705 shares trading hands. The stock had previously closed at $42.83.

Separately, Zacks Investment Research lowered shares of SJW Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, May 3rd.

The firm’s 50-day moving average is $40.21 and its 200 day moving average is $36.94. The firm has a market cap of $883.71 million and a PE ratio of 19.31.

SJW Corp. (NYSE:SJW) last issued its earnings results on Wednesday, July 27th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.41. On average, equities research analysts expect that SJW Corp. will post $1.80 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Monday, August 8th will be paid a dividend of $0.2025 per share. The ex-dividend date is Thursday, August 4th. This represents a $0.81 dividend on an annualized basis and a dividend yield of 1.87%.

In related news, VP Palle Jensen sold 3,000 shares of the business’s 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

A hedge fund recently raised its stake in SJW Corp. stock. Schwab Charles Investment Management Inc. increased its position in shares of SJW Corp. (NYSE:SJW) by 3.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,123 shares of the company’s stock after buying an additional 1,981 shares during the period. Schwab Charles Investment Management Inc. owned about 0.29% of SJW Corp. worth $1,753,000 as of its most recent filing with the SEC.

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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