8,555 Shares in Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) Acquired by SG Americas Securities LLC

SG Americas Securities LLC bought a new position in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 8,555 shares of the utilities provider’s stock, valued at approximately $130,000.

Several other hedge funds have also added to or reduced their stakes in the business. Citigroup Inc. boosted its position in Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 6.5% during the 3rd quarter. Citigroup Inc. now owns 12,973 shares of the utilities provider’s stock worth $157,000 after buying an additional 789 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 9.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 9,698 shares of the utilities provider’s stock worth $118,000 after purchasing an additional 857 shares during the period. Van ECK Associates Corp lifted its position in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 13.1% in the 3rd quarter. Van ECK Associates Corp now owns 7,961 shares of the utilities provider’s stock worth $96,000 after purchasing an additional 921 shares during the period. Vanguard Personalized Indexing Management LLC lifted its position in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 9.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 15,995 shares of the utilities provider’s stock worth $128,000 after purchasing an additional 1,381 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP by 6.4% in the 1st quarter. Ameriprise Financial Inc. now owns 26,711 shares of the utilities provider’s stock worth $267,000 after purchasing an additional 1,595 shares during the period. 10.62% of the stock is currently owned by institutional investors and hedge funds.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Stock Up 2.5 %

Shares of NYSE SBS opened at $15.54 on Thursday. The company has a market capitalization of $10.62 billion, a P/E ratio of 18.07, a price-to-earnings-growth ratio of 0.82 and a beta of 1.23. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a 52-week low of $8.75 and a 52-week high of $17.14. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.99 and a current ratio of 1.01. The company’s 50 day moving average price is $16.04 and its 200-day moving average price is $14.61.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Profile

Companhia de Saneamento Básico do Estado de São Paulo SABESP provides basic and environmental sanitation services in the São Paulo State, Brazil. The company supplies treated water and sewage services to residential, commercial, and industrial private customers, as well as public. As of December 31, 2022, it provided water services through 10.1 million water connections; and sewage services through 8.6 million sewage connections in 375 municipalities of the São Paulo State.