November 16, 2016 - By Marie Mckinney · 0 Comments
The stock of Sjw Corporation (NYSE:SJW) registered a decrease of 7.59% in short interest. SJW’s total short interest was 490,600 shares in November as published by FINRA. Its down 7.59% from 530,900 shares, reported previously. With 81,800 shares average volume, it will take short sellers 6 days to cover their SJW’s short positions. The short interest to Sjw Corporation’s float is 3.1%. The stock increased 1.19% or $0.59 during the last trading session, hitting $50.08. SJW Corp. (NYSE:SJW) has risen 37.28% since April 14, 2016 and is uptrending. It has outperformed by 32.59% the S&P500.
SJW Corp. is a holding company. The Company has approximately five subsidiaries: San Jose Water Company, SJWTX, Inc., SJW Land Company, Texas Water Alliance Limited and SJW Group, Inc. The company has a market cap of $1.04 billion. SJWTX, Inc. is doing business as Canyon Lake Water Service Company (CLWSC). It has a 18.63 P/E ratio. The Firm operates through two divisions: Water Utility Services and Real Estate Services.
Insitutional Activity: The institutional sentiment decreased to 0.94 in 2016 Q2. Its down 1.14, from 2.08 in 2016Q1. The ratio dived, as 19 funds sold all SJW Corp. shares owned while 45 reduced positions. 18 funds bought stakes while 42 increased positions. They now own 8.57 million shares or 9.43% less from 9.46 million shares in 2016Q1.
California State Teachers Retirement System has invested 0% of its portfolio in SJW Corp. (NYSE:SJW). Rhumbline Advisers has 0% invested in the company for 24,410 shares. Walthausen & Ltd Liability Corp holds 0.75% of its portfolio in SJW Corp. (NYSE:SJW) for 183,002 shares. Susquehanna Gru Llp owns 29,528 shares or 0% of their US portfolio. Century has invested 0% of its portfolio in SJW Corp. (NYSE:SJW). Teton holds 0.4% of its portfolio in SJW Corp. (NYSE:SJW) for 111,304 shares. M&R Capital holds 400 shares or 0% of its portfolio. Secor Cap Advsr L P holds 0.22% or 44,242 shares in its portfolio. Stewart And Patten Limited Liability Co last reported 0.05% of its portfolio in the stock. Moreover, Tower Research Limited Liability (Trc) has 0% invested in SJW Corp. (NYSE:SJW) for 267 shares. Blackrock Invest Mngmt Limited Co accumulated 0% or 69,078 shares. Ubs Asset Mgmt Americas has invested 0% of its portfolio in SJW Corp. (NYSE:SJW). Gabelli Funds Lc has 0.11% invested in the company for 460,487 shares. Moreover, Alliancebernstein Lp has 0% invested in SJW Corp. (NYSE:SJW) for 19,100 shares. Stoneridge Prtn Lc has 0.1% invested in the company for 16,841 shares.
Insider Transactions: Since September 1, 2016, the stock had 0 insider buys, and 4 sales for $236,626 net activity. $8,575 worth of SJW Corp. (NYSE:SJW) shares were sold by Lynch James Patrick. $210,417 worth of SJW Corp. (NYSE:SJW) was sold by Jensen Palle.
Out of 2 analysts covering SJW Corp (NYSE:SJW), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. SJW Corp has been the topic of 2 analyst reports since February 22, 2016 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Monday, February 22 by Robert W. Baird.
SJW Corp., incorporated on February 8, 1985, is a holding company. The Firm has approximately five subsidiaries: San Jose Water Company, SJWTX, Inc., SJW Land Company, Texas Water Alliance Limited (TWA) and SJW Group, Inc. SJWTX, Inc. is doing business as Canyon Lake Water Service Company (CLWSC). The Firm operates through two divisions. The Company’s segment, Water Utility Services, provides water utility and utility-related services to its clients through its subsidiaries, San Jose Water Company, CLWSC and TWA. The Real Estate Services segment includes property management and investment activity conducted by SJW Land Company.
More notable recent SJW Corp. (NYSE:SJW) news were published by: Businesswire.com which released: “SJW Corp. Announces 2016 Third Quarter Financial Results” on October 26, 2016, also Businesswire.com with their article: “SJW Corp. Sets Date for Release of Third Quarter 2016 Financial Results” published on October 12, 2016, Quotes.Wsj.com published: “News SJW Corp.SJW” on February 11, 2011. More interesting news about SJW Corp. (NYSE:SJW) were released by: Seekingalpha.com and their article: “SJW Corporation Offers Good Growth Potential” published on September 28, 2016 as well as Businesswire.com‘s news article titled: “SJW Corp. Announces the California Public Utilities Commission’s Decision on …” with publication date: June 14, 2016.
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By Marie Mckinney