Tsp Capital Management Group Lowers stake in Middlesex Water Company (MSEX)

Middlesex Water Company (MSEX) : Tsp Capital Management Group reduced its stake in Middlesex Water Company by 3.51% during the most recent quarter end. The investment management company now holds a total of 273,814 shares of Middlesex Water Company which is valued at $10.1 Million after selling 9,964 shares in Middlesex Water Company , the firm said in a disclosure report filed with the SEC on May 12, 2016.Middlesex Water Company makes up approximately 5.37% of Tsp Capital Management Group’s portfolio.

Other Hedge Funds, Including , Baldwin Brothers Incma added MSEX to its portfolio by purchasing 200 company shares during the most recent quarter which is valued at $7,372.Manufacturers Life Insurance Company The reduced its stake in MSEX by selling 651 shares or 5.52% in the most recent quarter. The Hedge Fund company now holds 11,142 shares of MSEX which is valued at $410,694. Numeric Investors added MSEX to its portfolio by purchasing 19,700 company shares during the most recent quarter which is valued at $748,206. Middlesex Water Company makes up approx 0.01% of Numeric Investors’s portfolio.

Middlesex Water Company closed down -0.45 points or -1.24% at $35.79 with 42,345 shares getting traded on Friday. Post opening the session at $36.46, the shares hit an intraday low of $35.6203 and an intraday high of $36.5 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Middlesex Water Company (Middlesex) is a water utility company. The Company owns and operates regulated water utility and wastewater systems in New Jersey Delaware and Pennsylvania. Middlesex also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware. The Company operates in two segments: Regulated and Non-Regulated. The Regulated segment consists of collecting treating and distributing water on a retail and wholesale basis to residential commercial industrial and fire protection customers in parts of New Jersey Delaware and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment consists of non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware.

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