A Reversal for California Water Service Group (CWT) Is Not Near. The Stock Rises Again

Investors sentiment decreased to 1.52 in 2019 Q1. Its down 0.30, from 1.82 in 2018Q4. It turned negative, as 14 investors sold California Water Service Group shares while 48 reduced holdings. 26 funds opened positions while 68 raised stakes. 35.20 million shares or 1.10% less from 35.59 million shares in 2018Q4 were reported.
Tci Wealth Inc reported 48 shares. Wellington Shields Lc owns 5,000 shares. Piedmont Invest Advsrs Inc accumulated 12,094 shares. Loudon Invest Mngmt Limited Liability Corporation reported 15,120 shares. 192,155 were reported by Wells Fargo And Mn. Moody National Bank Division reported 100 shares stake. American Intll Grp Incorporated Inc reported 0.01% of its portfolio in California Water Service Group (NYSE:CWT). Moreover, Clear Harbor Asset Mgmt has 0.88% invested in California Water Service Group (NYSE:CWT) for 80,083 shares. State Board Of Administration Of Florida Retirement Systems reported 37,318 shares. Strs Ohio holds 0% or 2,600 shares in its portfolio. 7,549 were reported by Sei Invests Company. Mitchell Mcleod Pugh & Williams holds 0.31% of its portfolio in California Water Service Group (NYSE:CWT) for 8,280 shares. Cambridge Rech Advsrs Incorporated has 0.01% invested in California Water Service Group (NYSE:CWT) for 13,254 shares. Arizona State Retirement Systems invested in 0.05% or 74,151 shares. 174 are held by Cwm Limited Liability.

The stock of California Water Service Group (NYSE:CWT) is a huge mover today! The stock increased 2.67% or $1.43 during the last trading session, reaching $55.08. About 188,577 shares traded. California Water Service Group (NYSE:CWT) has risen 31.83% since August 15, 2018 and is uptrending. It has outperformed by 31.83% the S&P500.
The move comes after 8 months positive chart setup for the $2.65 billion company. It was reported on Aug, 15 by Barchart.com. We have $59.49 PT which if reached, will make NYSE:CWT worth $212.16M more.

More notable recent California Water Service Group (NYSE:CWT) news were published by: Globenewswire.com which released: “Chico Fourth-Grade Class is Grand-Prize Winner for 2019 Cal Water H2O Challenge – GlobeNewswire” on March 28, 2019, also Seekingalpha.com with their article: “California Water Service Group 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” published on April 25, 2019, Finance.Yahoo.com published: “Should You Worry About California Water Service Group’s (NYSE:CWT) CEO Pay? – Yahoo Finance” on June 03, 2019. More interesting news about California Water Service Group (NYSE:CWT) were released by: Globenewswire.com and their article: “California Water Service Group Subsidiary Signs Agreement to Acquire Water and Wastewater System in Madera County – GlobeNewswire” published on February 04, 2019 as well as Fool.com‘s news article titled: “The 3 Best-Performing Water Stocks of 2019 So Far – The Motley Fool” with publication date: March 23, 2019.

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 $2.65 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 43.75 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.

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

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