$0.31 EPS Expected for California Water Service Group (CWT)

July 18, 2017 - By Marry Poplack

 $0.31 EPS Expected for California Water Service Group (CWT)
Investors sentiment decreased to 1.05 in Q4 2016. Its down 0.12, from 1.17 in 2016Q3. It dropped, 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.
Teton Advisors Inc accumulated 24,800 shares or 0.08% of the stock. Riverhead Mngmt Llc reported 0.01% stake. 71,728 are owned by Rhumbline Advisers. The New Jersey-based Kcg has invested 0.01% in California Water Service Group (NYSE:CWT). Metropolitan Life Ins Ny owns 32,706 shares for 0.01% of their portfolio. Comml Bank Of Montreal Can holds 0% or 24,465 shares. Deutsche Natl Bank Ag, a Germany-based fund reported 89,217 shares. 712,238 were reported by Northern Tru. Ridgeworth Capital Mgmt Ltd Liability, a Georgia-based fund reported 853,785 shares. Natixis Asset holds 0.01% in California Water Service Group (NYSE:CWT) or 3,340 shares. Pennsylvania-based Vanguard Gp has invested 0.01% in California Water Service Group (NYSE:CWT). Capstone Asset reported 0.01% in California Water Service Group (NYSE:CWT). Ameriprise Fincl holds 0.01% or 281,962 shares in its portfolio. The New Jersey-based Blackhill Cap Incorporated has invested 0.05% in California Water Service Group (NYSE:CWT). Moreover, Calvert Inv Management Inc has 0.19% invested in California Water Service Group (NYSE:CWT).

Since February 13, 2017, it had 5 buys, and 3 insider sales for $153,797 activity. 1,000 shares valued at $35,900 were sold by Healey David B on Thursday, June 8. $82,728 worth of stock was sold by Luu Michael B on Thursday, March 16.

Investors wait California Water Service Group (NYSE:CWT) to report on July, 27. its quarterly earnings Wall Street analysts expect $0.31 EPS, up $0.07 or 29.17 % from last year’s $0.24 same quarter earnings. This translates into $14.98M profit for CWT giving the stock a 30.04 P/E. This is assuming the current $0.31 EPS is accurate. California Water Service Group’s Wall Street analysts see 1,450.00 % EPS growth, taking into account the $0.02 EPS reproted in the previous quarter, The stock decreased 0.27% or $0.1 during the last trading session, reaching $37.25. About 114,158 shares traded. California Water Service Group (NYSE:CWT) has risen 22.84% since July 18, 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 firm has “Neutral” rating by Macquarie Research given on Wednesday, January 18. On Tuesday, September 6 the stock rating was maintained by Barclays Capital with “Equal Weight”. Gabelli downgraded the shares of CWT in report on Monday, May 1 to “Hold” rating. Robert W. Baird initiated the shares of CWT in report on Friday, October 14 with “Neutral” rating. On Monday, March 7 the stock rating was downgraded by Gabelli to “Hold”. The firm has “Underperform” rating given on Friday, February 24 by Wells Fargo. The firm earned “Equal-Weight” rating on Monday, April 4 by Barclays Capital. The firm earned “Neutral” rating on Tuesday, April 19 by Janney Capital. Robert W. Baird downgraded California Water Service Group (NYSE:CWT) rating on Friday, February 26. Robert W. Baird has “Neutral” rating and $24 target. The rating was upgraded by Hilliard Lyons on Monday, August 3 to “Buy”.

California Water Service Group is a holding company. The company has market cap of $1.80 billion. The Firm operates through the supply and distribution of water and providing water-related utility services segment. It has a 35.31 P/E ratio. The Company, through its subsidiaries, provides non-regulated services and non-regulated services to private companies and municipalities.

More notable recent California Water Service Group (NYSE:CWT) news were published by: Fool.com which released: “Better Buy: Aqua America, Inc. vs. California Water Service Corp.” on March 28, 2017, also Seekingalpha.com with their article: “California Water Service’s (CWT) CEO Martin Kropelnicki on Q1 2017 Results …” published on April 28, 2017, Nasdaq.com published: “California Water Service Group Holding (CWT) Ex-Dividend Date Scheduled for …” on February 01, 2017. More interesting news about California Water Service Group (NYSE:CWT) were released by: Marketwired.com and their article: “California Water Service Group Schedules Second Quarter 2017 Earnings Results …” published on July 06, 2017 as well as Gurufocus.com‘s news article titled: “Dividend Kings in Focus: California Water Service Group” with publication date: February 12, 2017.

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