Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP (NYSE:SBS) enjoyed a 99.64% run-up in share price since hitting record low of $5.58. The stock managed -3.8% fall and now stands at $11.14 as of 02/06/2019. At recent session, the prices were hovering between $11.075 and $11.35. This company shares are -19.12% up from its target price of $9.01 and the current market capitalization stands at $7.71B. The recent change has given its price a 21.79% lead over SMA 50 and -9.06% deficit over its 52-week high. The stock witnessed 13.33% gains, 43.93% gains and 57.34% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SBS’s volatility during a week at 2.15% and during a month it has been found around 2.83%.

Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP (SBS) Top Holders

Institutional investors currently hold around $1.37 billion or 17.6% in SBS stock. Look at its top three institutional owners. Impax Asset Management Group Plc owns $223.89 million in Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP, which represents roughly 2.9% of the company’s market cap and approximately 16.39% of the institutional ownership. Similar statistics are true for the second largest owner, Windacre Partnership Llc, which owns 15,739,000 shares of the stock are valued at $182.26 million. The third largest holder is Impax Asset Management Ltd, which currently holds $164.51 million worth of this stock and that ownership represents nearly 2.13% of its market capitalization.

Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP 13F Filings

At the end of September reporting period, 77 institutional holders increased their position in Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP (NYSE:SBS) by some 37,859,910 shares, 86 decreased positions by 8,173,752 and 28 held positions by 71,898,885. That puts total institutional holdings at 117,932,547 shares, according to SEC filings. The stock grabbed 31 new institutional investments totaling 27,108,591 shares while 28 institutional investors sold out their entire positions totaling 908,034 shares.

Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP (SBS) Analyst Guide

Several analysts have released their opinion on Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP (NYSE:SBS), with 0 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.5 average brokerage recommendation.