Principal Financial Group Inc. grew its position in shares of SJW Corporation (NYSE:SJW) by 1.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 4,220 shares of the utilities provider’s stock after purchasing an additional 49 shares during the quarter. Principal Financial Group Inc.’s holdings in SJW Corporation were worth $208,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Cutler Group LP increased its position in shares of SJW Corporation by 136.9% during the 2nd quarter. Cutler Group LP now owns 2,395 shares of the utilities provider’s stock valued at $117,000 after purchasing an additional 8,891 shares during the period. BNP Paribas Arbitrage SA increased its position in shares of SJW Corporation by 352.5% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,647 shares of the utilities provider’s stock valued at $130,000 after purchasing an additional 2,062 shares during the period. Victory Capital Management Inc. increased its position in shares of SJW Corporation by 5.6% during the 1st quarter. Victory Capital Management Inc. now owns 2,729 shares of the utilities provider’s stock valued at $132,000 after purchasing an additional 145 shares during the period. Meeder Asset Management Inc. increased its position in shares of SJW Corporation by 1,521.7% during the 2nd quarter. Meeder Asset Management Inc. now owns 2,984 shares of the utilities provider’s stock valued at $146,000 after purchasing an additional 2,800 shares during the period. Finally, SG Americas Securities LLC acquired a new position in shares of SJW Corporation during the 2nd quarter valued at $179,000. Institutional investors own 47.60% of the company’s stock.

SJW Corporation (SJW) opened at 63.08 on Wednesday. SJW Corporation has a 12 month low of $42.59 and a 12 month high of $63.78. The firm has a market capitalization of $1.29 billion, a PE ratio of 24.54 and a beta of 0.15. The stock’s 50 day moving average price is $57.20 and its 200 day moving average price is $52.15.

Several equities analysts have recently issued reports on the company. Zacks Investment Research cut SJW Corporation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 28th. BidaskClub cut SJW Corporation from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Finally, Janney Montgomery Scott upgraded SJW Corporation from a “neutral” rating to a “buy” rating in a research report on Friday, July 28th.

In other SJW Corporation news, insider Palle Jensen sold 3,000 shares of the company’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $55.14, for a total transaction of $165,420.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 21.10% of the stock is currently owned by corporate insiders.

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About SJW Corporation

SJW Group, formerly SJW Corp., is a holding company. The Company’s subsidiaries include San Jose Water Company, SJWTX, Inc, SJW Land Company and Texas Water Alliance Limited (TWA). SJWTX, Inc is doing business as Canyon Lake Water Service Company (CLWSC). It operates through the segments, which include Water Utility Services, Real Estate Services and All Other.

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Institutional Ownership by Quarter for SJW Corporation (NYSE:SJW)

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