Is Buying Middlesex Water Company (NASDAQ:MSEX) Here Good Idea?

Middlesex Water Company (NASDAQ:MSEX) Logo

Investors sentiment increased to 1.4 in Q4 2018. Its up 0.35, from 1.05 in 2018Q3. It is positive, as 3 investors sold Middlesex Water Company shares while 40 reduced holdings. 28 funds opened positions while 32 raised stakes. 8.67 million shares or 2.57% more from 8.46 million shares in 2018Q3 were reported.
Manchester Cap Llc has invested 0.13% in Middlesex Water Company (NASDAQ:MSEX). Bank Of America De owns 0% invested in Middlesex Water Company (NASDAQ:MSEX) for 33,955 shares. Raymond James Fin Ser accumulated 10,557 shares or 0% of the stock. Martingale Asset Mgmt Ltd Partnership has invested 0.04% in Middlesex Water Company (NASDAQ:MSEX). American Grp Inc has 10,484 shares. Principal Fincl Grp accumulated 17,267 shares. Strs Ohio invested in 0% or 13,300 shares. Deutsche Comml Bank Ag holds 31,616 shares. 46,265 were reported by Eaton Vance. Tortoise Capital Advisors Ltd Limited Liability Company has 11 shares. New York State Common Retirement Fund has invested 0% in Middlesex Water Company (NASDAQ:MSEX). Cambridge Inv Research Advisors Inc accumulated 0.01% or 9,610 shares. Moreover, Trust Co Of Vermont has 0% invested in Middlesex Water Company (NASDAQ:MSEX) for 464 shares. California State Teachers Retirement System invested in 0% or 24,928 shares. Fincl Architects Inc reported 0.16% stake.

Since October 5, 2018, it had 0 buys, and 4 selling transactions for $392,788 activity. OCONNOR A BRUCE also sold $152,168 worth of Middlesex Water Company (NASDAQ:MSEX) on Friday, October 5. The insider Doll Dennis W sold $198,840. On Friday, January 25 REINHARD WALTER G sold $29,005 worth of Middlesex Water Company (NASDAQ:MSEX) or 500 shares.

The stock of Middlesex Water Company (NASDAQ:MSEX) registered a decrease of 0.07% in short interest. MSEX’s total short interest was 289,300 shares in March as published by FINRA. Its down 0.07% from 289,500 shares, reported previously. With 39,800 shares average volume, it will take short sellers 7 days to cover their MSEX’s short positions. The short interest to Middlesex Water Company’s float is 1.83%.

It closed at $58.38 lastly. It is up 66.41% since March 17, 2018 and is uptrending. It has outperformed by 62.04% the S&P500.

Middlesex Water Company, through its subsidiaries, owns and operates regulated water utility and wastewater systems. The company has market cap of $959.14 million. The firm operates in two divisions, Regulated and Non-Regulated. It has a 29.8 P/E ratio. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection clients in parts of New Jersey, Delaware, and Pennsylvania.

More notable recent Middlesex Water Company (NASDAQ:MSEX) news were published by: Globenewswire.com which released: “Middlesex Water Company Breaks Ground on $52 Million Western Transmission Main – GlobeNewswire” on May 11, 2018, also Globenewswire.com with their article: “Middlesex Water Company Announces Executive Leadership Changes – GlobeNewswire” published on October 29, 2018, Nasdaq.com published: “Middlesex Water (MSEX) Q4 Earnings Top, Revenues In Line – Nasdaq” on March 12, 2019. More interesting news about Middlesex Water Company (NASDAQ:MSEX) were released by: Nasdaq.com and their article: “21st Century Fox (FOXA) Beats on Q4 Earnings and Revenues – Nasdaq” published on August 09, 2018 as well as Globenewswire.com‘s news article titled: “Middlesex Water Company Subsidiary Awarded City of Perth Amboy Operation and Management Services Contract – GlobeNewswire” with publication date: July 18, 2018.

Middlesex Water Company (NASDAQ:MSEX) Institutional Positions Chart

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