SJW Corp Sentiment Worsening on Low Stock Potential

April 17, 2018 - By Henry Gaston

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 started new and increased stock positions, while 70 sold and reduced their holdings in SJW Corp. The active investment managers in our partner’s database now hold: 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 stock 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 $3.91M 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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