The Manufacturers Life Insurance Company grew its holdings in shares of Pure Cycle Co. (NASDAQ:PCYO) by 1,096.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,462 shares of the utilities provider’s stock after buying an additional 16,003 shares during the quarter. The Manufacturers Life Insurance Company owned 0.07% of Pure Cycle worth $146,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in the company. Parametric Portfolio Associates LLC boosted its stake in shares of Pure Cycle by 0.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 28,260 shares of the utilities provider’s stock valued at $219,000 after buying an additional 94 shares during the last quarter. Whalerock Point Partners LLC bought a new position in Pure Cycle during the fourth quarter worth $173,000. Northern Trust Corp lifted its stake in Pure Cycle by 112.4% during the second quarter. Northern Trust Corp now owns 52,429 shares of the utilities provider’s stock worth $407,000 after purchasing an additional 27,746 shares during the last quarter. California State Teachers Retirement System bought a new position in Pure Cycle during the second quarter worth $235,000. Finally, Hartwell J M Limited Partnership lifted its stake in Pure Cycle by 16.7% during the fourth quarter. Hartwell J M Limited Partnership now owns 233,026 shares of the utilities provider’s stock worth $1,946,000 after purchasing an additional 33,293 shares during the last quarter. Institutional investors own 67.87% of the company’s stock.
Separately, TheStreet cut Pure Cycle from a “b-” rating to a “c+” rating in a research note on Friday, February 9th.
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Pure Cycle Company Profile
Pure Cycle Corporation is an integrated water company that provides wholesale water and wastewater services. The Company provides its services to wholesale customers, which include industrial customers and local governmental entities that provide water and wastewater services to their end-use customers located in the Denver, Colorado metropolitan area.
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