Curi RMB Capital LLC Sells 950 Shares of Pure Cycle Co. (NASDAQ:PCYO)

Curi RMB Capital LLC lessened its holdings in Pure Cycle Co. (NASDAQ:PCYO) by 0.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 275,400 shares of the utilities provider’s stock after selling 950 shares during the period. Curi RMB Capital LLC owned about 1.14% of Pure Cycle worth $2,966,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Lazard Asset Management LLC bought a new position in shares of Pure Cycle in the 1st quarter valued at $30,000. EntryPoint Capital LLC bought a new position in Pure Cycle in the first quarter valued at about $103,000. The Manufacturers Life Insurance Company boosted its stake in shares of Pure Cycle by 16.7% during the second quarter. The Manufacturers Life Insurance Company now owns 11,701 shares of the utilities provider’s stock valued at $112,000 after purchasing an additional 1,671 shares in the last quarter. State Board of Administration of Florida Retirement System bought a new stake in shares of Pure Cycle during the first quarter worth about $173,000. Finally, 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 valued at $275,000 after buying an additional 1,890 shares during the period. Institutional investors and hedge funds own 51.39% of the company’s stock.

Pure Cycle Stock Down 2.1 %

NASDAQ:PCYO opened at $12.76 on Friday. Pure Cycle Co. has a one year low of $8.94 and a one year high of $13.40. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.10 and a quick ratio of 3.56. The company has a market cap of $307.26 million, a PE ratio of 27.23 and a beta of 0.92. The firm’s 50 day simple moving average is $10.86 and its 200 day simple moving average is $10.16.

Pure Cycle 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.