Trigran Investments Lowers stake in Pure Cycle Corporation (PCYO)

Pure Cycle Corporation (PCYO) : Trigran Investments reduced its stake in Pure Cycle Corporation by 1.2% during the most recent quarter end. The investment management company now holds a total of 2,351,659 shares of Pure Cycle Corporation which is valued at $10,817,631 after selling 28,498 shares in Pure Cycle Corporation , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Pure Cycle Corporation makes up approximately 2.72% of Trigran Investments’s portfolio.

Other Hedge Funds, Including , Blackrock Investment Management reduced its stake in PCYO by selling 57 shares or 1.86% in the most recent quarter. The Hedge Fund company now holds 3,005 shares of PCYO which is valued at $13,823.Boston Partners boosted its stake in PCYO in the latest quarter, The investment management firm added 8,758 additional shares and now holds a total of 401,643 shares of Pure Cycle Corporation which is valued at $1,847,558.Barrett Asset Management reduced its stake in PCYO by selling 500 shares or 1.37% in the most recent quarter. The Hedge Fund company now holds 36,000 shares of PCYO which is valued at $163,800. Pure Cycle Corporation makes up approx 0.01% of Barrett Asset Management’s portfolio.

Pure Cycle Corporation (PCYO) witnessed a volatile trading activity on Tuesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $4.68 and reached the intraday high at $4.71. The bulls started the profit booking and pushed the shares to intraday low of $4.644. The trading session was marked by a volume range of 25,337 shares exchanging hands. The 52-week high of the shares is $5.73 and the 52-week low is $3.65. The market cap of the company stands at $111 M and there are 2,37,54,098 shares in public circulation.

Pure Cycle Corporation is an investor-owned company that provides wholesale water and wastewater services and owns 14900 acres of farmland. The Company’s services include water production storage treatment bulk transmission to retail distribution systems wastewater collection and treatment irrigation water treatment and transmission construction management billing and collection and emergency response. The Company provides these services to wholesale customers industrial customers and local governmental entities that provide water and wastewater services to their end-use customers located in the greater Denver Colorado metropolitan area. The Company’s farm land consists of approximately 14900 acres of irrigated land and owns 931 acres of land in the I-70 corridor east of Denver Colorado.

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