5,491 Shares in SJW Group (NYSE:SJW) Bought by Ballentine Partners LLC

Ballentine Partners LLC acquired a new stake in SJW Group (NYSE:SJW) in the third quarter, Holdings Channel reports. The institutional investor acquired 5,491 shares of the utilities provider’s stock, valued at approximately $319,000.

A number of other large investors have also modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of SJW Group by 3.3% in the 4th quarter. Vanguard Group Inc. now owns 2,465,745 shares of the utilities provider’s stock valued at $161,136,000 after purchasing an additional 78,289 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of SJW Group by 93.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 38,747 shares of the utilities provider’s stock valued at $2,193,000 after purchasing an additional 18,723 shares during the period. Maryland State Retirement & Pension System raised its position in shares of SJW Group by 0.6% during the 1st quarter. Maryland State Retirement & Pension System now owns 35,299 shares of the utilities provider’s stock worth $1,850,000 after purchasing an additional 195 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in SJW Group by 21.2% in the 1st quarter. BNP Paribas Financial Markets now owns 23,681 shares of the utilities provider’s stock worth $1,340,000 after buying an additional 4,140 shares during the last quarter. Finally, Capstone Investment Advisors LLC acquired a new position in SJW Group in the 1st quarter valued at $260,000. Institutional investors and hedge funds own 84.29% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on SJW. Bank of America began coverage on shares of SJW Group in a report on Friday, September 20th. They issued a “neutral” rating and a $65.00 price objective for the company. Wells Fargo & Company boosted their price target on shares of SJW Group from $62.00 to $63.00 and gave the company an “equal weight” rating in a research report on Friday, July 26th.

SJW Group Stock Up 2.2 %

Shares of NYSE SJW opened at $57.69 on Tuesday. The company has a market capitalization of $1.89 billion, a P/E ratio of 21.21, a P/E/G ratio of 3.42 and a beta of 0.62. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.49 and a quick ratio of 0.49. The company has a 50 day simple moving average of $58.48 and a 200-day simple moving average of $56.90. SJW Group has a 1 year low of $51.17 and a 1 year high of $70.43.

About SJW Group

SJW Group, through its subsidiaries, provides water utility and other related services in the United States. It operates in Water Utility Services and Real Estate Services segments. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District.