Blair William & Co. IL Has $1.57 Million Stake in Pure Cycle Co. (NASDAQ:PCYO)

Blair William & Co. IL reduced its stake in Pure Cycle Co. (NASDAQ:PCYO) by 7.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 164,837 shares of the utilities provider’s stock after selling 13,800 shares during the quarter. Blair William & Co. IL owned approximately 0.68% of Pure Cycle worth $1,574,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Lazard Asset Management LLC acquired a new stake in shares of Pure Cycle in the first quarter worth $30,000. EntryPoint Capital LLC bought a new stake in Pure Cycle during the first quarter valued at about $103,000. State Board of Administration of Florida Retirement System acquired a new stake in shares of Pure Cycle in the first quarter valued at about $173,000. Los Angeles Capital Management LLC increased its stake in shares of Pure Cycle by 7.0% in the second quarter. Los Angeles Capital Management LLC now owns 28,830 shares of the utilities provider’s stock worth $275,000 after purchasing an additional 1,890 shares during the period. Finally, Rhumbline Advisers lifted its position in shares of Pure Cycle by 24.0% during the 2nd quarter. Rhumbline Advisers now owns 33,088 shares of the utilities provider’s stock worth $316,000 after purchasing an additional 6,398 shares during the last quarter. Institutional investors own 51.39% of the company’s stock.

Pure Cycle Stock Performance

PCYO opened at $10.66 on Tuesday. Pure Cycle Co. has a 12-month low of $8.94 and a 12-month high of $11.32. The firm has a market capitalization of $256.64 million, a P/E ratio of 42.64 and a beta of 0.92. The stock’s 50 day moving average price is $10.34 and its two-hundred day moving average price is $9.77. The company has a quick ratio of 3.56, a current ratio of 4.10 and a debt-to-equity ratio of 0.06.

Pure Cycle (NASDAQ:PCYO) last released its earnings results on Wednesday, July 10th. The utilities provider reported $0.12 EPS for the quarter. Pure Cycle had a net margin of 31.00% and a return on equity of 5.07%. The firm had revenue of $7.60 million during the quarter.

Pure Cycle Company Profile

Pure Cycle Corporation designs, constructs, operates, and maintains water and wastewater systems in the Denver metropolitan area and Colorado Front Range in the United States. It operates in two segments, Wholesale Water and Wastewater Services, and Land Development. The company engages in the wholesale water production, storage, treatment, and distribution systems; wastewater collection and treatment systems; development of 930-acre master-planned community; oil and gas leasing business; and construction and leasing of single-family homes.