Confidence in California Water (CWT) Shares by Robert W. Baird Rise.

Investors sentiment decreased to 1.04 in 2018 Q2. Its down 0.52, from 1.56 in 2018Q1. It turned negative, as 24 investors sold California Water Service Group shares while 44 reduced holdings. 18 funds opened positions while 53 raised stakes. 34.21 million shares or 1.93% more from 33.56 million shares in 2018Q1 were reported.

Mitchell Mcleod Pugh And Williams holds 8,280 shares. Glenmede Trust Co Na invested in 0% or 358 shares. Murphy Capital Inc owns 7,200 shares for 0.04% of their portfolio. 4,000 were reported by Smithfield Comm. 177 were accumulated by Mutual Of America Mngmt Limited Company. Moreover, Public Employees Retirement Association Of Colorado has 0% invested in California Water Service Group (NYSE:CWT) for 11,131 shares. Advsrs Asset Mgmt Inc invested in 78,416 shares or 0% of the stock. 5,600 are held by Fukoku Mutual Life Insur Co. Hexavest Incorporated invested in 0% or 3,500 shares. Meeder Asset Mngmt Inc reported 0% stake. Moreover, Metropolitan Life Insurance Ny has 0% invested in California Water Service Group (NYSE:CWT). Missouri-based Stifel Financial has invested 0% in California Water Service Group (NYSE:CWT). Tiaa Cref Investment Management Limited Liability Company has 0% invested in California Water Service Group (NYSE:CWT) for 108,843 shares. Rhumbline Advisers invested in 0.01% or 120,381 shares. Cwm reported 221 shares.

Since September 13, 2018, it had 0 insider buys, and 2 selling transactions for $86,933 activity.

California Water (CWT) Stock Upgrade

In a note sent to clients and investors on 6 December, Robert W. Baird increased shares of California Water (CWT) to a Outperform. The previous rating for CWT was a Neutral.

The stock increased 3.85% or $1.68 during the last trading session, reaching $45.29. About 343,533 shares traded or 56.90% up from the average. California Water Service Group (CWT) has risen 11.49% since December 7, 2017 and is uptrending. It has underperformed by 4.13% the S&P500.

Analysts await California Water Service Group (NYSE:CWT) to report earnings on March, 7. They expect $0.28 earnings per share, down 3.45 % or $0.01 from last year’s $0.29 per share. CWT’s profit will be $13.46M for 40.44 P/E if the $0.28 EPS becomes a reality. After $0.72 actual earnings per share reported by California Water Service Group for the previous quarter, Wall Street now forecasts -61.11 % negative EPS growth.

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. The company has market cap of $2.18 billion. The firm engages in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. It has a 37.18 P/E ratio. It offers its services to approximately 482,400 clients in 100 California communities; approximately 4,400 water and wastewater clients on the islands of Maui and Hawaii; approximately 16,700 clients in the Tacoma and Olympia areas in Washington; and approximately 8,000 water and wastewater clients in the Belen, Los Lunas, and Elephant Butte areas in New Mexico.

More notable recent California Water Service Group (NYSE:CWT) news were published by: Globenewswire.com which released: “Hawaii Water Service Files General Rate Case for Waikoloa Service Areas – GlobeNewswire” on January 05, 2018, also Businesswire.com with their article: “SJW Group Board of Directors Unanimously Rejects California Water Service Group’s Unsolicited Cash Tender Offer – Business Wire” published on June 15, 2018, Streetinsider.com published: “Deutsche Bank Estimates an $18/Sh Price Tag for Travelport (TVPT) in Deal – StreetInsider.com” on December 06, 2018. More interesting news about California Water Service Group (NYSE:CWT) were released by: Fool.com and their article: “3 Great Stocks for Low-Risk Investors – The Motley Fool” published on August 20, 2018 as well as Businesswire.com‘s news article titled: “California Water Service Group Responds to SJW Group’s Deceptive Letter to Stockholders – Business Wire” with publication date: May 11, 2018.

California Water Service Group (NYSE:CWT) Institutional Positions Chart

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