New Harbor Financial Group Lowers stake in Middlesex Water Company (MSEX)

Middlesex Water Company (MSEX) : New Harbor Financial Group reduced its stake in Middlesex Water Company by 31.37% during the most recent quarter end. The investment management company now holds a total of 18,576 shares of Middlesex Water Company which is valued at $631,770 after selling 8,490 shares in Middlesex Water Company , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.Middlesex Water Company makes up approximately 0.93% of New Harbor Financial Group’s portfolio.

Other Hedge Funds, Including , Msi Financial Services Inc reduced its stake in MSEX by selling 100 shares or 33.9% in the most recent quarter. The Hedge Fund company now holds 195 shares of MSEX which is valued at $6,632.Bnp Paribas Arbitrage Sa boosted its stake in MSEX in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 1,114 shares of Middlesex Water Company which is valued at $37,642.

Middlesex Water Company closed down -0.6 points or -1.76% at $33.48 with 45,644 shares getting traded on Tuesday. Post opening the session at $34.09, the shares hit an intraday low of $33.31 and an intraday high of $34.17 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Middlesex Water Company - Is it time to Sell?

Top Brokerage Firms are advising their investors on Middlesex Water Company. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.