New Jersey Common Pension Fund D Purchases Stake in SJW Group Shares

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The State of New Jersey Common Pension Fund D has recently taken a stake in SJW ($NYSE:SJW) Group’s shares, according to its latest filing. SJW Group is a publicly traded holding company headquartered in San Jose, California. It is primarily engaged in the business of owning and operating regulated water utilities and providing water and wastewater services to customers in California, Texas, and New Mexico.

Additionally, it provides non-regulated water services such as commercial water treatment and public infrastructure services. SJW Group has established itself as a leader in the water utility industry, with a focus on providing reliable and efficient services to its customers. The company has made substantial investments in infrastructure and technology to ensure that it remains at the forefront of the industry. Furthermore, SJW Group has a strong commitment to environmental stewardship and sustainability, which are key factors in its continued success. This move is expected to be beneficial to investors in the long run.

Stock Price

On Friday, SJW Group saw a small but significant increase in their stock prices. The stock opened at $72.8 and closed at $72.9, up by 0.5% from its last closing price of $72.5. This move is indicative of their trust in the company and its future potential for growth. The acquisition of a stake in SJW Group shares is sure to be beneficial for the company, as it gives them more capital and resources to further develop their business. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Sjw Group. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Sjw Group. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Sjw Group. More…

Key Ratios Snapshot

Some of the financial key ratios for Sjw Group are shown below. More…

Analysis

At GoodWhale, we help investors make informed decisions about their investments. One such company we have been monitoring is SJW GROUP. After analyzing their financials, we have rated SJW GROUP as medium risk in terms of financial and business aspects. In our analysis, we have also detected two risk warnings in income sheet and cash flow statement. As a registered user, you can check these warnings out in more detail. We strongly recommend doing so in order to make an informed decision about the potential risks associated with investing in SJW GROUP. We hope our analysis helps you make a wise and profitable investment. As always, GoodWhale is here to help you make the best decisions for your investments. More…

Peers

The SJW Group is one of the leading providers of water, wastewater, and energy services in the United States. They face competition from a number of other companies, including American States Water Co, WHA Utilities and Power PCL, and Taizhou Water Group Co Ltd. Each of these companies provides similar services in different areas, and all face the same challenges and opportunities in the industry.

– American States Water Co ($NYSE:AWR)

American States Water Co is a publicly traded water and wastewater service provider, based in San Dimas, California. The company has an impressive market cap of 3.5 billion as of 2022, which is indicative of the company’s high-performance in the market. Additionally, American States Water Co has a Return on Equity of 11.66%, indicating its favorable financial standing. This performance is further supported by the company’s strong financials and efficient operations. The company is also committed to providing safe and reliable water and wastewater services to customers throughout the United States.

– WHA Utilities and Power PCL ($SET:WHAUP)

WHA Utilities and Power PCL is a Thai energy company dedicated to providing reliable and sustainable energy solutions. It has a market capitalization of 15.68 billion baht as of 2022, which is a measure of its value on the stock market. The company has a Return on Equity (ROE) of 4.32%, which indicates its ability to generate a profit from its shareholders’ investments. This metric is considered to be a good indicator of how efficiently the company is utilizing its resources. WHA Utilities and Power PCL has a wide customer base, providing services such as electricity, water, and wastewater treatment. The company has also expanded into renewable energy sources and is committed to reducing the environmental impact of its operations.

– Taizhou Water Group Co Ltd ($SEHK:01542)

TaiZhou Water Group Co Ltd is a Chinese company that specializes in the production and distribution of water and related services. The company has a market cap of 524M as of 2022, which is a significant increase from its market cap of 321M in 2020. This indicates that the company has seen an impressive growth in its stock price over the past two years. Additionally, the company has a Return on Equity of 10.58%, which is a strong indicator of the company’s profitability and efficiency. This is due to the company’s commitment to providing quality products and services to its customers, as well as its focus on innovation and cost-efficiency.

Summary

SJW Group is an attractive investment opportunity for investors due to its strong financial performance and potential for growth. Analysts have praised SJW Group’s steady cash flow, which has allowed the company to maintain a healthy balance sheet and increase shareholder value. Furthermore, SJW Group has been investing heavily in acquisitions and capital projects to expand its portfolio and customer base. These strategic investments have made SJW Group a sound investment with potential for long-term growth and stability.