Covington Capital Management Has Increased Stake in Sjw Group (SJW)

March 14, 2018 - By Marie Mckinney

Investors sentiment increased to 1.5 in Q3 2017. Its up 0.52, from 0.98 in 2017Q2. It is positive, as 9 investors sold SJW shares while 37 reduced holdings. 20 funds opened positions while 49 raised stakes. 11.04 million shares or 14.82% more from 9.61 million shares in 2017Q2 were reported. 20,150 were reported by Alliancebernstein Lp. Bogle Inv Limited Partnership De has invested 0.13% in SJW Group (NYSE:SJW). Deutsche Bancorp Ag, Germany-based fund reported 17,959 shares. Royal Bank & Trust Of Canada holds 22,139 shares or 0% of its portfolio. Hanson Mcclain stated it has 2,676 shares or 0.01% of all its holdings. Peak6 Investments Limited Partnership has invested 0% in SJW Group (NYSE:SJW). Great West Life Assurance Co Can reported 1,547 shares or 0% of all its holdings. Australia-based Magellan Asset Mgmt Ltd has invested 0% in SJW Group (NYSE:SJW). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 479 shares or 0% of the stock. Int Grp holds 10,969 shares or 0% of its portfolio. Ahl Prns Limited Liability Partnership invested in 15,738 shares. Barclays Plc invested in 0% or 3,380 shares. Goldman Sachs holds 0% or 55,248 shares. Victory Capital Mgmt invested 0.01% in SJW Group (NYSE:SJW). Bancshares Of New York Mellon Corporation reported 0% of its portfolio in SJW Group (NYSE:SJW).

Covington Capital Management increased its stake in Sjw Group (SJW) by 18349.15% based on its latest 2017Q3 regulatory filing with the SEC. Covington Capital Management bought 1.85 million shares as the company’s stock declined 2.94% while stock markets rallied. The institutional investor held 1.86M shares of the water supply company at the end of 2017Q3, valued at $105.47M, up from 10,100 at the end of the previous reported quarter. Covington Capital Management who had been investing in Sjw Group for a number of months, seems to be bullish on the $1.12B market cap company. The stock increased 0.38% or $0.205 during the last trading session, reaching $54.375. About 43,952 shares traded. SJW Group (NYSE:SJW) has risen 43.57% since March 14, 2017 and is uptrending. It has outperformed by 26.87% the S&P500.

More notable recent SJW Group (NYSE:SJW) news were published by: which released: “SJW Group Announces Closing of the Sale of Texas Water Alliance Limited and …” on November 16, 2017, also with their article: “SJW Group Passes Through 2% Yield Mark” published on February 23, 2018, published: “SJW Group Announces 2017 Annual and Fourth Quarter Financial Results” on February 21, 2018. More interesting news about SJW Group (NYSE:SJW) were released by: and their article: “SJW Group (SJW) Files 10-K for the Fiscal Year Ended on December 31, 2017” published on February 27, 2018 as well as‘s news article titled: “SJW Group Announces Retirement of President and Chief Executive Officer; New …” with publication date: September 28, 2017.

SJW Group (NYSE:SJW) Ratings Coverage

Among 2 analysts covering SJW Corp (NYSE:SJW), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. SJW Corp had 3 analyst reports since February 22, 2016 according to SRatingsIntel. Robert W. Baird upgraded the shares of SJW in report on Monday, February 22 to “Outperform” rating. The firm has “Buy” rating by Janney Capital given on Friday, July 28.

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