California Water Service Group (CWT): David B Healey , VP, Controller of California Water Service Group sold 1,000 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 13, 2016 to the Securities and Exchange Commission. The shares were sold at $28.61 per share for a total value of $28,612.10 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 6, 2016, Michael B Luu (VP, Customer Service & IT) sold 849 shares at $28.68 per share price.On Mar 15, 2016, Lynne P Mcghee (VP, General Counsel) sold 6,000 shares at $26.04 per share price.Also, On Jan 12, 2016, George A Vera (director) purchased 4 shares at $23.59 per share price.On Aug 18, 2015, Ronald D Webb (VP, Human Resources) purchased 1,000 shares at $22.28 per share price.
Shares of California Water Service Group (CWT) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.03% at $28.73 with 1,61,963 shares getting traded. Post opening the session at $28.88, the shares hit an intraday low of $28.6502 and an intraday high of $28.91 and the price vacillated in this range throughout the day. The company has a market cap of $1,378 M and the number of outstanding shares has been calculated to be 4,79,73,799 shares. The 52-week high of California Water Service Group is $29.075 and the 52-week low is $19.55.
Company has been under the radar of several Street Analysts.California Water Service Group is Initiated by Barclays to Equal Weight and the brokerage firm has set the Price Target at $29. The Rating was issued on Apr 4, 2016.California Water Service Group is Downgraded by Gabelli & Co to Hold and the brokerage firm has set the Price Target at $31. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 7, 2016.California Water Service Group is Downgraded by Robert W. Baird to Neutral while Lowering the Price Target of the company shares to $ 24 from a previous price target of $26 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Feb 26, 2016.
California Water Service Group is a holding company. The Company through its wholly owned subsidiaries provides water utility and other related services in California Washington New Mexico and Hawaii. It operates through six operating subsidiaries: California Water Service Company (Cal Water) New Mexico Water Service Company (New Mexico Water) Washington Water Service Company (Washington Water) Hawaii Water Service Company Inc. (Hawaii Water) and CWS Utility Services and HWS Utility Services LLC (collectively Utility Services). Utility Services provides non-regulated services to private companies and municipalities. Its business consists of the production purchase storage treatment testing distribution and sale of water for domestic industrial public and irrigation uses and for fire protection. Its non-regulated services include full water system operation billing and meter reading services.