Inspire Investing LLC acquired a new stake in Consolidated Water Co. Ltd. (NASDAQ:CWCO - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 32,808 shares of the utilities provider's stock, valued at approximately $849,000. Inspire Investing LLC owned about 0.21% of Consolidated Water at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its position in shares of Consolidated Water by 54.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 299,102 shares of the utilities provider's stock valued at $7,540,000 after acquiring an additional 105,711 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Consolidated Water during the third quarter worth about $608,000. Geode Capital Management LLC increased its position in Consolidated Water by 5.1% during the third quarter. Geode Capital Management LLC now owns 423,163 shares of the utilities provider's stock worth $10,669,000 after buying an additional 20,394 shares during the last quarter. Jane Street Group LLC raised its stake in Consolidated Water by 102.5% in the third quarter. Jane Street Group LLC now owns 33,190 shares of the utilities provider's stock valued at $837,000 after buying an additional 16,803 shares during the period. Finally, Barclays PLC lifted its position in shares of Consolidated Water by 288.8% in the third quarter. Barclays PLC now owns 20,350 shares of the utilities provider's stock valued at $514,000 after buying an additional 15,116 shares during the last quarter. 55.16% of the stock is owned by institutional investors.
Consolidated Water Stock Down 1.6 %
Shares of CWCO stock traded down $0.41 during trading on Friday, reaching $25.78. 43,680 shares of the company's stock were exchanged, compared to its average volume of 76,278. The firm's fifty day moving average price is $25.96 and its 200-day moving average price is $26.11. Consolidated Water Co. Ltd. has a twelve month low of $23.55 and a twelve month high of $33.58.
Consolidated Water Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.71%.
Consolidated Water Profile
(
Free Report)
Consolidated Water Co Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.
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