Blue Fin Capital Inc. held its position in Connecticut Water Service, Inc. (NASDAQ:CTWS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,440 shares of the utilities provider’s stock at the end of the second quarter. Blue Fin Capital Inc.’s holdings in Connecticut Water Service were worth $246,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in CTWS. Parametric Portfolio Associates LLC raised its stake in Connecticut Water Service by 310.2% in the first quarter. Parametric Portfolio Associates LLC now owns 104,807 shares of the utilities provider’s stock valued at $5,570,000 after buying an additional 79,255 shares during the period. Kennedy Capital Management Inc. purchased a new stake in Connecticut Water Service during the first quarter valued at approximately $3,599,000. Water Asset Management LLC raised its stake in Connecticut Water Service by 45.6% in the first quarter. Water Asset Management LLC now owns 208,632 shares of the utilities provider’s stock valued at $11,089,000 after buying an additional 65,340 shares during the period. First Trust Advisors LP purchased a new stake in Connecticut Water Service during the second quarter valued at approximately $3,087,000. Finally, Vanguard Group Inc. raised its stake in Connecticut Water Service by 4.0% in the first quarter. Vanguard Group Inc. now owns 679,824 shares of the utilities provider’s stock valued at $36,133,000 after buying an additional 26,037 shares during the period. 45.56% of the stock is owned by institutional investors.

Shares of Connecticut Water Service, Inc. (NASDAQ:CTWS) opened at 54.72 on Friday. The stock has a market capitalization of $633.38 million, a price-to-earnings ratio of 27.33 and a beta of 0.09. The firm’s 50-day moving average price is $56.54 and its 200 day moving average price is $54.94. Connecticut Water Service, Inc. has a 1-year low of $45.13 and a 1-year high of $62.15.

Connecticut Water Service (NASDAQ:CTWS) last posted its quarterly earnings results on Tuesday, August 8th. The utilities provider reported $0.73 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.76 by $0.03. Connecticut Water Service had a net margin of 21.37% and a return on equity of 9.21%. The company had revenue of $29.50 million for the quarter. Equities research analysts expect that Connecticut Water Service, Inc. will post $2.21 earnings per share for the current fiscal year.

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Separately, Zacks Investment Research upgraded Connecticut Water Service from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th.

Connecticut Water Service Company Profile

Connecticut Water Service, Inc is a non-operating holding company. The Company’s income is derived from the earnings of its subsidiary companies, including The Connecticut Water Company (Connecticut Water), The Maine Water Company (Maine Water), New England Water Utility Services, Inc (NEWUS),The Avon Water Company (AWC) and Chester Realty Company (Chester Realty).

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Institutional Ownership by Quarter for Connecticut Water Service (NASDAQ:CTWS)

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