<div id="readability-page-1"><p>Nuance Investments LLC raised its position in  California Water Service Group (NYSE:CWT - Free Report) by 2.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,764,459 shares of the utilities provider's stock after purchasing an additional 35,844 shares during the quarter. California Water Service Group accounts for approximately  8.2% of Nuance Investments LLC's holdings, making the stock its 2nd largest holding. Nuance Investments LLC owned 2.96% of California Water Service Group worth $80,971,000 at the end of the most recent reporting period.</p><ul><li>Top 3 Utilities Stocks Powering Up as Recession Fears Rise</li></ul><p>Several other institutional investors and hedge funds also recently modified their holdings of CWT. Amundi raised its position in  California Water Service Group by 0.9% in the 2nd quarter. Amundi now owns 1,907,169 shares of the utilities provider's stock valued at $91,386,000 after buying an additional 16,346 shares during the last quarter.  Geode Capital Management LLC raised its holdings in shares of  California Water Service Group by 1.0% in the second quarter. Geode Capital Management LLC now owns 1,417,134 shares of the utilities provider's stock valued at $64,458,000 after purchasing an additional 14,183 shares during the last quarter.  Cbre Investment Management Listed Real Assets LLC raised its holdings in shares of  California Water Service Group by 7.3% in the second quarter. Cbre Investment Management Listed Real Assets LLC now owns 751,987 shares of the utilities provider's stock valued at $34,200,000 after purchasing an additional 51,423 shares during the last quarter.  Legal &amp; General Group Plc lifted its position in shares of  California Water Service Group by 6.8% in the second quarter. Legal &amp; General Group Plc now owns 706,366 shares of the utilities provider's stock worth $32,126,000 after purchasing an additional 45,155 shares in the last quarter.  Finally, Norges Bank acquired a new position in  California Water Service Group during the second quarter worth $30,757,000. 82.78% of the stock is owned by institutional investors and hedge funds. </p><h2>Analyst Ratings Changes</h2><p>Several equities research analysts have commented on the stock. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of California Water Service Group in a research report on Wednesday, January 21st. Robert W. Baird  set a $55.00 target price on shares of California Water Service Group in a research note on Friday, October 31st. One research analyst  has rated the stock with a Buy rating and one  has assigned  a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $55.00.</p><ul><li>Dividend Aristocrats or Dividend Kings: Which Is Best for You?</li></ul><p><b>View Our Latest Research Report on CWT</b></p><h2>California Water Service Group Stock Down 1.3%</h2><p>NYSE CWT opened at $44.52 on Monday. The company has a 50 day moving average of $44.05 and a 200-day moving average of $45.54. California Water Service Group has a 1-year low of $41.29 and a 1-year high of $51.63. The company has a current ratio of 0.55, a quick ratio of 0.52 and a debt-to-equity ratio of 0.65. The company has a market cap of $2.65 billion, a price-to-earnings ratio of 19.44, a PEG ratio of 2.00 and a beta of 0.64. </p><h2>California Water Service Group Increases Dividend</h2><p>The company also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Monday, February 9th will be issued a $0.335 dividend. The ex-dividend date of this dividend is Monday, February 9th. This represents a $1.34 annualized dividend and a yield of 3.0%. This is an increase from California Water Service Group's previous quarterly dividend of $0.30. California Water Service Group's payout ratio is 52.40%. </p><h2>About California Water Service Group</h2> (Free Report)<p>California Water Service Group <span>NYSE: CWT<span></span></span> is a publicly traded holding company that provides regulated water utility services through its subsidiaries. The company delivers safe, reliable drinking water and wastewater management to residential, commercial, industrial and municipal customers across California, Hawaii and New Mexico. Its principal operating units include California Water Service, New Mexico Water Service and Hawaii Water Service, each responsible for end‐to‐end water supply operations—from source development and treatment to distribution and customer service.  </p><p>Founded in 1926 as the California Water Service Company, the group has grown to become one of the largest investor‐owned water utilities in the United States by customer count.</p><h2>Read More</h2><ul><li>Five stocks we like better than California Water Service Group</li><li>The day the gold market broke</li><li>Your Bank Account Is No Longer Safe</li><li>What a Former CIA Agent Knows About the Coming Collapse</li><li>He just nailed another gold prediction …</li><li>~$1.5T SpaceX IPO: Pre-IPO Opportunity</li></ul><p><strong>Want to see what other hedge funds are holding CWT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for California Water Service Group (NYSE:CWT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNXVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNXVA"/></p><p><em>This 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.</em></p><h2>Should You Invest $1,000 in California Water Service Group Right Now?</h2><p>Before you consider California Water Service Group, you'll want to hear this.</p><p>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 California Water Service Group wasn't on the list.</p><p>While California Water Service Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Nuance Investments LLC increased its stake in California Water Service Group (NYSE:CWT) by 2.1% in Q3, owning 1,764,459 shares valued at approximately $80.97 million. Other institutional investors also raised their holdings. The stock has a consensus rating of "Moderate Buy" with a target price of $55.00. California Water Service Group recently announced a quarterly dividend increase to $0.335, yielding 3.0%. The company operates regulated water utility services across California, Hawaii, and New Mexico, with a market cap of $2.65 billion.</p>

California Water Service Group $CWT Shares Purchased by Nuance Investments LLC