Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE:SBS) Shares Scheduled to Split on Monday, December 29th

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE:SBS - Free Report)'s stock is set to split on the morning of Monday, December 29th. The 1.02964697 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Sunday, December 28th.Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp Trading Down 0.0%How China’s Recovery Could Boost These 3 Platinum PlaysCompanhia de saneamento Basico Do Estado De Sao Paulo - Sabesp stock opened at $25.31 on Thursday. The stock has a market cap of $17.30 billion, a PE ratio of 13.61, a P/E/G ratio of 3.80 and a beta of 0.80. The stock has a 50-day moving average price of $25.28 and a 200 day moving average price of $22.99. Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp has a 52 week low of $14.04 and a 52 week high of $27.25. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.68. Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (NYSE:SBS - Get Free Report) last announced its earnings results on Wednesday, November 12th. The utilities provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.27. The firm had revenue of $4.69 billion during the quarter, compared to the consensus estimate of $1.07 billion. Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp had a net margin of 22.32% and a return on equity of 16.08%. Equities research analysts predict that Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp will post 2.17 earnings per share for the current fiscal year. Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp Announces Dividend3 Large Caps Under $20 With Good UpsideThe company also recently disclosed a special dividend, which will be paid on Monday, May 11th. Investors of record on Monday, December 29th will be paid a dividend of $0.4772 per share. The ex-dividend date of this dividend is Monday, December 29th. Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp's dividend payout ratio is presently 20.43%. Analysts Set New Price TargetsSeveral research analysts have weighed in on SBS shares. Weiss Ratings reiterated a "buy (b)" rating on shares of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp in a report on Wednesday, October 8th. Zacks Research lowered Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, December 2nd. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy".The Top 3 Metals and Mining Stocks to Buy NowRead Our Latest Analysis on Companhia de saneamento Basico Do Estado De Sao Paulo - SabespInstitutional Inflows and OutflowsA number of institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC grew its position in shares of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp by 42.7% in the 2nd quarter. GAMMA Investing LLC now owns 1,846 shares of the utilities provider's stock worth $41,000 after acquiring an additional 552 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp by 246.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,342 shares of the utilities provider's stock valued at $51,000 after buying an additional 1,666 shares during the last quarter. Parallel Advisors LLC raised its stake in Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp by 88.2% during the 2nd quarter. Parallel Advisors LLC now owns 2,885 shares of the utilities provider's stock valued at $63,000 after acquiring an additional 1,352 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its holdings in Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp by 373.6% in the second quarter. Creative Financial Designs Inc. ADV now owns 3,159 shares of the utilities provider's stock worth $69,000 after purchasing an additional 2,492 shares during the period. Finally, CWM LLC lifted its stake in shares of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp by 82.9% in the 3rd quarter. CWM LLC now owns 4,180 shares of the utilities provider's stock worth $104,000 after acquiring an additional 1,895 shares during the period. 10.62% of the stock is owned by institutional investors and hedge funds. Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp Company Profile (Get Free Report)Companhia de Saneamento Básico do Estado de São Paulo (SABESP) is a Brazilian utility that provides water supply and wastewater collection and treatment services. As the principal sanitation company serving the state of São Paulo, SABESP operates a wide range of infrastructure spanning water capture, treatment plants, distribution networks and sewage systems. The company’s activities support residential, commercial and industrial customers and are focused on delivering potable water, ensuring water quality and expanding access to sanitation services. SABESP’s service offering includes the operation and maintenance of water treatment and sewage treatment facilities, network expansion and rehabilitation, meter reading and billing, customer service and environmental programs aimed at improving sewage treatment rates and protecting water resources.Featured ArticlesFive stocks we like better than Companhia de saneamento Basico Do Estado De Sao Paulo - SabespDo not delete, read immediatelyINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffCan Any Expenses Be Deducted From Capital Gains Tax?Buffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyForget AI, This Will Be the Next Big Tech BreakthroughThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp Right Now?Before you consider Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp wasn't on the list.While Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here