SJW Corp (NYSE:SJW) Stock Price Down as Sentiment Falls

April 17, 2018 - By Harriett Tippett

Sentiment for SJW Corp (NYSE:SJW)

SJW Corp (NYSE:SJW) institutional sentiment decreased to 0.8 in 2017 Q4. Its down -0.70, from 1.5 in 2017Q3. The ratio dropped, as 56 active investment managers increased and started new positions, while 70 sold and decreased positions in SJW Corp. The active investment managers in our partner’s database now own: 11.03 million shares, down from 11.04 million shares in 2017Q3. Also, the number of active investment managers holding SJW Corp in their top 10 positions decreased from 2 to 1 for a decrease of 1. Sold All: 18 Reduced: 52 Increased: 36 New Position: 20.

SJW Group, through its subsidiaries, provides water utility services in the United States. The company has market cap of $1.14 billion. It engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water. It has a 19.31 P/E ratio. The firm also provides non-tariffed services, including water system operations, maintenance agreements, and antenna site leases.

The stock increased 1.50% or $0.8174 during the last trading session, reaching $55.2274. About 49,899 shares traded. SJW Group (NYSE:SJW) has risen 10.30% since April 17, 2017 and is uptrending. It has underperformed by 1.25% the S&P500.

Analysts await SJW Group (NYSE:SJW) to report earnings on April, 25. They expect $0.19 EPS, up 5.56 % or $0.01 from last year’s $0.18 per share. SJW’s profit will be $3.91 million for 72.67 P/E if the $0.19 EPS becomes a reality. After $0.46 actual EPS reported by SJW Group for the previous quarter, Wall Street now forecasts -58.70 % negative EPS growth.

Covington Capital Management holds 7.35% of its portfolio in SJW Group for 1.86 million shares. Water Asset Management Llc owns 86,908 shares or 2.66% of their US portfolio. Moreover, Messner & Smith Theme Value Investment Management Ltd Ca has 0.79% invested in the company for 7,740 shares. The New York-based Walthausen & Co. Llc has invested 0.56% in the stock. Teton Advisors Inc., a New York-based fund reported 90,804 shares.#img1#

SJW Group (NYSE:SJW) Institutional Positions Chart

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