Shares of SJW Corp. (NYSE:SJW) have received an average broker rating score of 3.00 (Hold) from the two analysts that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold rating.
Brokerages have set a twelve-month consensus target price of $33.00 for the company and are anticipating that the company will post $0.29 EPS for the current quarter, according to Zacks. Zacks has also assigned SJW Corp. an industry rank of 82 out of 265 based on the ratings given to its competitors.
In other SJW Corp. news, Director Valer Robert A. Van purchased 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 14th. The stock was purchased at an average price of $27.94 per share, with a total value of $279,400.00. Following the completion of the transaction, the director now directly owns 80,997 shares of the company’s stock, valued at approximately $2,263,056.18. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Palle Jensen purchased 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 16th. The stock was acquired at an average cost of $29.77 per share, with a total value of $89,310.00. Following the transaction, the vice president now directly owns 18,214 shares of the company’s stock, valued at $542,230.78. The disclosure for this purchase can be found here.
A hedge fund recently raised its stake in SJW Corp. stock. KBC Group increased its position in shares of SJW Corp. (NYSE:SJW) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,965 shares of the company’s stock after buying an additional 617 shares during the period. KBC Group owned 0.31% of SJW Corp. worth $1,967,000 as of its most recent SEC filing.
Shares of SJW Corp. (NYSE:SJW) opened at 29.65 on Monday. The company’s 50 day moving average price is $29.56 and its 200 day moving average price is $30.21. The stock has a market capitalization of $604.30 million and a PE ratio of 22.11. SJW Corp. has a 12 month low of $27.60 and a 12 month high of $35.67.
SJW Corp. (NYSE:SJW) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by $0.11. Equities analysts anticipate that SJW Corp. will post $1.43 earnings per share for the current fiscal year.
Separately, Zacks Investment Research raised SJW Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, September 29th.
SJW Corp. is a holding company. The Company has four subsidiaries: San Jose Water Company, SJWTX, Inc., SJW Land Company and Texas Water Alliance Limited (NYSE:SJW). The Company has two business segments Water Utility Services and Real Estate Services. Water Utility Services is engaged in the business of production purchase storage purification distribution wholesale and retail sale of water through its subsidiaries San Jose Water Company, SJWTX, Inc. and Texas Water Alliance. Real Estate Services includes property management and investment activity conducted by SJW Land Company. SJW Land Company owns undeveloped land and owns and operates a portfolio of commercial buildings in the states of California Texas Arizona and Tennessee.
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