Concurrent Investment Advisors LLC Has $140,000 Holdings in Pure Cycle Co. (NASDAQ:PCYO)

Concurrent Investment Advisors LLC decreased its position in shares of Pure Cycle Co. (NASDAQ:PCYO) by 7.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,000 shares of the utilities provider’s stock after selling 1,000 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.05% of Pure Cycle worth $140,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of PCYO. State Board of Administration of Florida Retirement System bought a new stake in shares of Pure Cycle during the 1st quarter valued at about $173,000. Vanguard Group Inc. boosted its holdings in shares of Pure Cycle by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 1,058,312 shares of the utilities provider’s stock worth $10,054,000 after buying an additional 22,748 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in shares of Pure Cycle during the 1st quarter worth approximately $103,000. Lazard Asset Management LLC acquired a new position in shares of Pure Cycle during the 1st quarter valued at $30,000. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Pure Cycle by 19.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 36,590 shares of the utilities provider’s stock valued at $348,000 after acquiring an additional 5,994 shares during the period. 51.39% of the stock is owned by institutional investors.

Pure Cycle Trading Down 3.2 %

NASDAQ:PCYO opened at $11.74 on Wednesday. Pure Cycle Co. has a 12 month low of $8.94 and a 12 month high of $12.37. The company has a current ratio of 4.10, a quick ratio of 3.56 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $282.70 million, a price-to-earnings ratio of 48.52 and a beta of 0.92. The firm has a fifty day simple moving average of $10.73 and a two-hundred day simple moving average of $10.11.

Pure Cycle Company Profile

Pure Cycle Corporation designs, constructs, operates, and maintains water and wastewater systems in the Denver metropolitan area and Colorado Front Range in the United States. It operates in two segments, Wholesale Water and Wastewater Services, and Land Development. The company engages in the wholesale water production, storage, treatment, and distribution systems; wastewater collection and treatment systems; development of 930-acre master-planned community; oil and gas leasing business; and construction and leasing of single-family homes.