Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP (NYSE:SBS) is on recovery track with 78.85% gain from a 1-year low price of $5.58. The company lost -3.85% to attain the price of $9.98 on 4/12/2019. Throughout the recent session, the prices were hovering between $9.9 and $10.32. These shares are 29.16% off its target price of $12.89 and the current market capitalization stands at $6.96B. The recent change has given its price a -6.94% deficit over SMA 50 and -18.53% deficit over its 52-week high. The stock witnessed -10.57% declines, -5.76% declines and 35.97% 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 2.45% and during a month it has been found around 3.3%.

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

Institutional investors currently hold around $1.17 billion or 17.2% in SBS stock. Look at its top three institutional owners: Impax Asset Management Ltd owns $141.78 million in Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP, which represents roughly 2.04% of the company’s market cap and approximately 12.17% of the institutional ownership. Similar statistics are true for the second largest owner, Impax Asset Management Group Plc, which owns 12,776,111 shares of the stock are valued at $127.51 million. The third largest holder is Aqr Capital Management Llc, which currently holds $70.85 million worth of this stock and that ownership represents nearly 1.02% of its market capitalization.

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

At the end of June reporting period, 85 institutional holders increased their position in Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP (NYSE:SBS) by some 32,525,287 shares, 89 decreased positions by 28,186,908 and 28 held positions by 55,984,322. That puts total institutional holdings at 116,696,517 shares, according to SEC filings. The stock grabbed 37 new institutional investments totaling 5,504,900 shares while 29 institutional investors sold out their entire positions totaling 16,199,130 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 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 3 average brokerage recommendation [T1].