Pure Cycle Co. (PCYO) Position Reduced by Boston Partners

Boston Partners lessened its stake in Pure Cycle Co. (NASDAQ:PCYO) by 30.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 414,415 shares of the utilities provider’s stock after selling 180,236 shares during the period. Boston Partners owned 1.74% of Pure Cycle worth $3,916,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. The Manufacturers Life Insurance Company increased its stake in Pure Cycle by 1,096.8% in the 4th quarter. The Manufacturers Life Insurance Company now owns 17,462 shares of the utilities provider’s stock worth $146,000 after buying an additional 16,003 shares during the period. Smart Portfolios LLC purchased a new position in Pure Cycle in the 1st quarter worth about $151,000. Whittier Trust Co. purchased a new position in Pure Cycle in the 1st quarter worth about $175,000. Deutsche Bank AG increased its stake in Pure Cycle by 148.7% in the 4th quarter. Deutsche Bank AG now owns 38,324 shares of the utilities provider’s stock worth $319,000 after buying an additional 22,912 shares during the period. Finally, Ariel Investments LLC purchased a new position in Pure Cycle in the 4th quarter worth about $509,000. 66.73% of the stock is currently owned by institutional investors.

NASDAQ PCYO opened at $9.80 on Friday. Pure Cycle Co. has a one year low of $9.65 and a one year high of $9.65.

A number of research analysts have commented on PCYO shares. TheStreet downgraded shares of Pure Cycle from a “b-” rating to a “c+” rating in a research report on Friday, February 9th. ValuEngine raised shares of Pure Cycle from a “hold” rating to a “buy” rating in a research report on Tuesday, April 24th.

About Pure Cycle

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 provides water production, storage, treatment, retail distribution systems bulk transmission, wastewater collection and treatment, irrigation water treatment and transmission, construction management, billing and collection, and emergency response services.

Institutional Ownership by Quarter for Pure Cycle (NASDAQ:PCYO)

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