Pure Cycle (NASDAQ:PCYO) was upgraded by research analysts at TheStreet from a “c” rating to a “b-” rating in a research report issued on Wednesday.

Pure Cycle (NASDAQ:PCYO) opened at $8.55 on Wednesday. Pure Cycle has a 52 week low of $5.05 and a 52 week high of $8.73.

Large investors have recently added to or reduced their stakes in the company. Janus Henderson Group PLC bought a new position in Pure Cycle during the second quarter valued at about $6,183,000. State Street Corp bought a new position in Pure Cycle during the second quarter valued at about $1,353,000. Boston Partners boosted its stake in Pure Cycle by 14.8% during the third quarter. Boston Partners now owns 681,684 shares of the utilities provider’s stock valued at $5,113,000 after buying an additional 87,637 shares in the last quarter. Adirondack Research & Management Inc. boosted its stake in Pure Cycle by 73.4% during the third quarter. Adirondack Research & Management Inc. now owns 130,294 shares of the utilities provider’s stock valued at $977,000 after buying an additional 55,140 shares in the last quarter. Finally, Beacon Investment Advisory Services Inc. bought a new position in Pure Cycle during the third quarter valued at about $410,000. 67.68% of the stock is owned by institutional investors.

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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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