Analysts See $0.31 EPS for California Water Service Group (CWT)

July 26, 2017 - By Stephen Andrade

 Analysts See $0.31 EPS for California Water Service Group (CWT)
Investors sentiment decreased to 1.05 in 2016 Q4. Its down 0.12, from 1.17 in 2016Q3. It is negative, as 13 investors sold California Water Service Group shares while 62 reduced holdings. 29 funds opened positions while 50 raised stakes. 32.66 million shares or 0.64% more from 32.46 million shares in 2016Q3 were reported.
Glenmede Tru Na holds 0% or 191 shares. 38,898 are held by Magellan Asset Management Limited. Goldman Sachs Gp Inc holds 1.03M shares or 0.01% of its portfolio. D E Shaw & holds 0% or 10,499 shares in its portfolio. Public Sector Pension Investment Board stated it has 34,200 shares. Credit Suisse Ag has 0% invested in California Water Service Group (NYSE:CWT). Proshare Ltd Liability Com reported 172,784 shares. Aperio reported 49,839 shares stake. Barclays Public Limited Com holds 0% of its portfolio in California Water Service Group (NYSE:CWT) for 33,494 shares. First Manhattan Company invested in 293 shares. 48 are owned by Tci Wealth Advsrs. Envestnet Asset Management Inc holds 0% or 809 shares in its portfolio. Northwestern Mutual Wealth accumulated 1,829 shares. Schwab Charles Invest Mngmt holds 0.01% of its portfolio in California Water Service Group (NYSE:CWT) for 250,852 shares. 1.73M are held by Impax Asset Mngmt Ltd.

Since February 13, 2017, it had 5 insider buys, and 3 insider sales for $153,797 activity. Luu Michael B sold 2,400 shares worth $82,728. $104 worth of California Water Service Group (NYSE:CWT) was bought by VERA GEORGE A on Monday, February 13.

Analysts expect California Water Service Group (NYSE:CWT) to report $0.31 EPS on July, 27 before the open.They anticipate $0.07 EPS change or 29.17 % from last quarter’s $0.24 EPS. CWT’s profit would be $14.92 million giving it 31.01 P/E if the $0.31 EPS is correct. After having $0.02 EPS previously, California Water Service Group’s analysts see 1,450.00 % EPS growth. It closed at $38.45 lastly. It is down 22.84% since July 26, 2016 and is uptrending. It has outperformed by 6.14% the S&P500.

California Water Service Group (NYSE:CWT) Ratings Coverage

Among 7 analysts covering California Water Service (NYSE:CWT), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. California Water Service had 10 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of California Water Service Group (NYSE:CWT) earned “Equal-Weight” rating by Barclays Capital on Monday, April 4. Macquarie Research initiated the stock with “Neutral” rating in Wednesday, January 18 report. Gabelli downgraded the shares of CWT in report on Monday, March 7 to “Hold” rating. Barclays Capital maintained California Water Service Group (NYSE:CWT) on Tuesday, September 6 with “Equal Weight” rating. The stock of California Water Service Group (NYSE:CWT) earned “Underperform” rating by Wells Fargo on Friday, February 24. On Monday, August 3 the stock rating was upgraded by Hilliard Lyons to “Buy”. Janney Capital downgraded California Water Service Group (NYSE:CWT) on Tuesday, April 19 to “Neutral” rating. The rating was downgraded by Gabelli to “Hold” on Monday, May 1. Robert W. Baird initiated the shares of CWT in report on Friday, October 14 with “Neutral” rating. The stock of California Water Service Group (NYSE:CWT) earned “Neutral” rating by Robert W. Baird on Friday, February 26.

California Water Service Group is a holding company. The company has market cap of $1.85 billion. The Firm operates through the supply and distribution of water and providing water-related utility services segment. It has a 36.45 P/E ratio. The Company, through its subsidiaries, provides non-regulated services and non-regulated services to private companies and municipalities.

Another recent and important California Water Service Group (NYSE:CWT) news was published by Marketwired.com which published an article titled: “California Water Service Group Schedules Second Quarter 2017 Earnings Results …” on July 06, 2017.

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