CWT stock icon

California Water Service
CWT

$51.64
0.17%

Market Cap: 2.98B

 

About: California Water Service Group is a U.S. water and utilities holding company based in California. The company engages in the production, treatment, storage, distribution, and sale of water for various uses. The firm operates through its subsidiaries, which can be divided between regulated and unregulated businesses. The regulated public utilities subsidiaries operate in California, New Mexico, Washington, and Hawaii. The unregulated subsidiaries provide water utility services to private companies and municipalities. The company derives the majority of its revenue from its operations in California and, overall, from residential customers.

Employees: 1,266

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
0
News positive %
of 11 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]

11% more call options, than puts

Call options by funds: $455K | Put options by funds: $409K

0.64% more ownership

Funds ownership: 82.55% [Q4 2023] → 83.2% (+0.64%) [Q1 2024]

3% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 96

5% less funds holding

Funds holding: 276 [Q4 2023] → 262 (-14) [Q1 2024]

10% less capital invested

Capital invested by funds: $2.47B [Q4 2023] → $2.23B (-$240M) [Q1 2024]

32% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 44

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$49
5%
downside
Avg. target
$52
1%
upside
High target
$55
7%
upside

3 analyst ratings

positive
67%
neutral
33%
negative
0%
Baird
Ben Kallo
7%upside
$55
Outperform
Maintained
26 Apr 2024
UBS
Gregg Orrill
5%downside
$49
Neutral
Upgraded
4 Apr 2024
Baird
Ben Kallo
1%upside
$52
Outperform
Maintained
1 Mar 2024

Financial journalist opinion

Based on 11 articles about CWT published over the past 30 days